Markets & Finance

Ghana will soon update its feed-in tariff (FiT) programme for solar to include the possibility of having contracts last for 20 years, according to Wisdom Ahiataku-Togobo, director of renewables and alternative energy at the Ministry of Power Ghana.

Ghana could be a frontrunner for clean energy integration and energy exports across the West African power pool, according to a United Nations Environment Programme (UNEP) report.

Solarworld-headed manufacturer group EU Prosun said rival Solar Alliance for Europe (SAFE) is “twisting or simply ignoring” data from an analyst report to make it appear to support the latter’s position on the EU-China anti-dumping dispute.

Energy giant Total has said it wants to be a top three player in the solar energy industry within the next 20 years.

Significant increases of utility tariffs in Nigeria and Ghana are improving the business case for solar by providing money to utilities and bringing competition to the power market, according to energy developers.

Laser systems specialist LPKF Laser & Electronics has secured a major systems order from an unnamed customer within the PV manufacturing sector.

On Tuesday San Francisco became the first major US city to approve legislation requiring rooftop solar on new buildings.

A glut of solar-based products failing across Nigeria has been caused by a lack of clarity around ownership and alleged cases of corruption, according to member of the World Energy Council (WEC).

Difficulties in financing Indian solar projects with extremely low tariffs and the wobbling of major solar player SunEdison will not impact the long-term prospects of India’s PV market, according to two senior banking and finance representatives.

Pune-based wind turbine supplier Suzlon has announced today its acquisition of five solar firms for future project implementation in India.