The world's total installed capacity of renewable energy is forecast to more than double by 2025 to 3,203GW from 1,566GW in 2012, underpinned by an average annual growth rate of 5.7%, according to figures in a new report from consultancy Frost & Sullivan.
28 January 2015 10:35 GMT
A casual observer of the PV industry could be forgiven for wondering why, after yesterday’s ruling finalising a second round of steep US tariffs on Chinese PV products, Chinese solar stocks bumped along as if nothing had happened – in some cases even rising.
22 January 2015 06:43 GMT
Suzlon’s deal to sell turbine OEM Senvion to Centerbridge, a New York-based private equity firm, marks the end of months of speculation over the Indian group’s plans for its German subsidiary – and the chance of a fresh start for all parties.
22 January 2015 11:50 GMT
Solairedirect has raised nearly $300m in recent weeks to build 247MW of utility-scale PV capacity in France, Chile and India, with chief executive Thierry Lepercq saying solar’s global growth will continue regardless of depressed oil prices.
20 January 2015 04:46 GMT
Indian wind group Suzlon today rushed out a statement to investors denying it has agreed a sale of Germany-based turbine OEM Senvion, as its shared soared on Indian media reports that it is in advanced talks with US private equity group Centerbridge Partners.
19 January 2015 04:18 GMT
Renewable technologies such as solar and wind are increasingly competing with conventional forms of generation on cost, with the levelised cost of electricity (LCOE) of PV falling by half over the four years to 2014, the International Renewable Energy Agency (IRENA) said at its fifth assembly in Abu Dhabi this week.
19 January 2015 10:21 GMT
SunEdison's fountain of announcements this week in India – including plans to build 5GW of renewables capacity in the state of Karnataka over the next half-decade – speaks volumes about the future of renewables in emerging economies.
15 January 2015 12:56 GMT
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