The UK government’s response to a petition calling for dramatic feed-in tariff cut proposals to be reversed has been criticised after it insisted expected returns of 4% would be “appropriate” for the industry to operate.
PV project developer Sky Solar Holdings has secured funds totalling US$100 million from Hudson Clean Energy Partners for projects in Latin America and Japan.
The removal of Tony Abbott from his premiership along with the arrival of Malcolm Turnbull as the new prime minister of Australia and various government appointments related to renewable energy have been welcomed by the Australian Solar Council.
PV module manufacturers are expected to see record revenues next year as the recovery for the industry that has been gathering pace in the last 18 months reaches its peak, according to IHS.
A world entirely powered by renewable energy is achievable by 2050 and is a scenario that is becomingly increasingly essential to prevent runaway climate change, a Greenpeace study has claimed.
Chile had 597MW of operational solar PV capacity at the end of August, up 46MW in the two months since the end of June when operational capacity stood at 553MW.
Taiwan-based market research firm EnergyTrend, a division of TrendForce expects prices for polysilicon, wafers, cells and modules to steadily increase through the second half of the year as downstream demand in China, US, Japan and India remains strong.
PV systems integrator Phoenix Solar said it could report an EBIT loss for the full-year, due to the cancellation of a planned PV power plant project in Asia.
The boss of oil company Royal Dutch Shell (Shell) has admitted that solar will one day overtake fossil fuels in the portfolios of mainstream investors, while describing oil as a “very, very volatile business”.
