Renewable energy was the basis of half of all global power transactions last year with 245 deals adding up to US$68 billion and a particular focus on wind and solar, according to a new report from EY.
The deregulated electricity market which Japan launches in April could be a long-term way for PV’s contribution to the country’s energy mix to exceed the industry and government target of 7% by 2030.
Recent reports that the US and India are close to reaching an agreement in the trade dispute over India’s local content rules for solar equipment have been refuted by a top US trade official.
India’s Ministry of New and Renewable Energy (MNRE) has invited proposals for the implementation of its Solar Cities programme, involving turning 100 small townships, industrial towns and institutions into ‘green campuses’ involving renewable energy generation.
‘Silicon Module Super League’ (SMSL) member JA Solar has placed an order with module assembly equipment specialist Suzhou Horad New Energy Equipment Co for a 300MW turnkey module assembly line destined for an as-yet unannounced facility in Brazil.
Indebted PV module manufacturer Yingli Green Energy has been rumoured to be securing over US$500 million in new debt financing from a Chinese state bank and a provincial government where it operates manufacturing facilities.
Solar projects commissioned under government of India and state policies are likely to reach 3,790MW within the year 2015/16, according to the latest figures from the Ministry of New and Renewable Energy (MNRE).
India’s ambitious solar energy target could spark the creation of one million jobs, but producing a skilled workforce may be challenging, according to new report.
Leading CIS (copper, indium, selenium) thin-film producer Solar Frontier reported that its main manufacturing plant ran at almost full capacity in 2015.
