With Brazil's economy, and in particular its power sector, both facing big changes after last year’s national elections, only one thing seems certain three weeks into 2015 – consumer power prices will rise after the government decided to halt some subsidies.
Abengoa will not proceed with its Palen CSP project in the California desert until the US makes clear what will happen to the solar Investment Tax Credit after 2016, Abengoa Yield chief executive Santiago Seage says.
23 January 2015 07:04 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
Chile's combined PV and wind installed capacity almost quadrupled to about 1.2GW in 2014 – with solar transformed from bit-part-player to major power-generator – data from the government's renewable energy department (Cifes) showed.
21 January 2015 09:54 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
Nearly two years after acquiring TetraSun, First Solar has kicked off commercial module production based on the company’s high-efficiency technology at a 100MW line in Malaysia, marking the thin-film giant's entry into silicon-based PV manufacturing.
19 January 2015 04:00 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
Employment in the US solar sector is booming, according to a new report, giving the industry a critical political weapon as the fight to extend the 30% Investment Tax Credit beyond 2016 begins to heat up significantly.
15 January 2015 07:16 GMT
The US can ratchet up its use of renewable energy in power generation to almost 50% by 2030, transforming the nation in to the world's second largest renewable energy producer after China, according to new figures from the International Renewable Energy Agency (Irena).
12 January 2015 05:41 GMT
South Africa’s government has awarded a consortium led by California-based SolarReserve a 100MW (ac) concentrated solar power (CSP) project that will include molten salt energy storage technology in a tower configuration.
08 January 2015 08:12 GMT
Brazil’s federal government has no plans this year to change the auction system for wind and solar power, and transmission lines, as it has helped keep electricity prices under control to promote economic growth while adding much-needed generation capacity.
08 January 2015 06:38 GMT
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