Wind and solar to ‘dominate’ future of electricity by 2040

Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.

ROUND UP: CleanMax-Hitachi partnership, Community solar in MS, Solar-plus-storage in TX

News in Brief: CleanMax and Hitachi partner for rooftop solar in India for Japanese companies, Tyler Technologies installs a solar-plus-storage system at its Texas headquarters, Germany's Redavia expands into West Africa with solar for the country's Maritime University, more community solar is completed in Massachusetts and Surana wins a bid for 5MW of rooftop solar in Andhra Pradesh.

SolarWorld Americas planning major restructuring to survive

SolarWorld Americas the US manufacturing subsidiary of bankrupt SolarWorld AG, expects to undertake a major restructuring to attempt to survive after telling its workforce of over 800 that they could receive notices of being laid-off at an undetermined time as part of the WARN (Worker Adjustment and Retraining Notification) Act.

Astronergy migrating to 5-busbar module technology

PV module manufacturer Astronergy said it was undertaking a transition away from 4BB (busbar) technology to 5BB to boost overall conversion efficiencies at its production plant in Frankfurt (Oder), Germany.

Manz expects €129 million in deposits from JV major CIGS thin film order

PV and electronics equipment manufacturing and automation specialist Manz AG has received €50 million from Chinese JV partners Shanghai Electric Group and Shenhua Group for turnkey CIGS thin-film production lines with a further €79 million also expected in May to start work on its largest ever equipment order.

PV Talk: Ecoligo on alternative investment in emerging markets

Ecoligo is a Berlin-based crowdfunding start-up for solar projects in Africa’s commercial and industrial (C&I) market. Even though it is a company still very much in its infancy, it is already making waves by providing competitive alternatives to traditional bank loan products and connecting German private investors to tailored off-takers.

Movers & Shakers: Azuri Technologies, ABB, IBC Solar, Solar Alliance Energy

The theme of this week's Movers & Shakers is international expansion. PAYG off-grid solar provider Azuri Technologies is strengthening its leadership team to target West Africa, while Vancouver, Canada-based Solar Alliance Energy targets US assets and expands its sales team to accommodate for this. ABB appoints new regional heads to ensure direct market contact with Europe and the AMEA region.