According to market research firm IHS, Chinese tier-1 PV module suppliers are mostly sold out in the first quarter of 2015 as demand remains strong from markets such as China, Japan and the UK as well as in South America and Central America.
Market research firm, IHS has significantly lowered its PV demand forecast for Saudi Arabia in response to the country pushing back its renewable energy plans by eight years in the wake of plummeting oil prices.
Vertically integrated solar power provider SunEdison and its ‘yield co’ subsidiary will build 85.2MW of UK PV across five plants, having secured financing from Santander and Bayerische Landesbank.
The French government is looking to kick-start the country’s residential market with an adjustment to the feed-in tariff (FiT) for projects up to 36kW.
One international developer of utility-scale PV projects says that proposed changes to Japan’s feed-in tariff (FiT) will not adversely affect business over the next two years, but certain aspects of those changes will be “challenging” to cope with.
China looks on course to have missed its 2014 target for distributed solar but could end up close to the year’s overall 13GW goal through an expanded share of utility-scale projects, according to an expert on the country’s renewables industry.
Germany-headquartered developer juwi has recruited a 46-year old “finance and energy expert” from the ranks of its new majority owner, MVV Energie, to act as chief financial officer (CFO).
