China-based PV manufacturer has reported an 84.76% increase in revenue for the first half of 2015 on the back of strong domestic demand and a focus on overseas emerging markets.
A 3GW module shipment “milestone” announced today by Japan-headquartered thin-film firm Solar Frontier is confirmation that CIGS technology “can work” despite facing challenges during its history, according to solar market analyst Finlay Colville.
By 2020, solar PV will be “cost-competitive with retail electricity prices in a significant portion of the world”, clean technology market consulting and research firm Navigant Research has found.
The outspoken chief of industry body the Australian Solar Council has backed a pledge by the country’s parliamentary opposition party to put in place a 50% renewable energy by 2030 target if elected.
The UK’s main support mechanisms for large-scale and rooftop solar look in doubt following the publication of two government consultations this morning.
Major PV inverter manufacturer Sungrow Power Supply is planning to increase manufacturing capacity by a further 5GW to meet expected strong demand in 2016 and onwards, driven by China and its growing international footprint.
Major names including Bank of America, Citigroup, Barclays and UBS have aided Abengoa Yield to more than double its credit facility from US$125 million to US$290 million.
