Markets & Finance

The UK is now the world’s fifth largest utility-scale solar market, according to figures published by Wiki-Solar.

Australian based renewable energy developer, CBD Energy, has bought a 30% stake of the Environmental Engineering Group (EEG) Thailand.

Analysts are split on Jigar Shah’s prediction that the US will install more solar power capacity than anyone else in 2016.

According to a new report from GTM Research, the US is expected to add 180MW of solar carports in 2014, setting the stage for another record year for the growing market.

Canadian solar has beaten guidance in its Q2 2014 results with yield cos driving up demand, and prices, for projects.

The US will be the largest solar market in the world in 2016, according to industry stalwart Jigar Shah.

Brazil’s national development bank, BNDES, has released details of the new local content requirements solar projects must fulfil to access finance.

The “pure economics” of solar in relation to increasingly costly fossil fuels will ensure a central future role for the technology in the world energy mix, according to Citigroup.

Chinese module manufacturer ReneSola has turned down offers from China and India citing low profitability, it has emerged.

PV module encapsulant material supplier STR Holdings has agreed to sell 51% of its stake to Chinese PV developer Zhenfa Energy Group.