Global PV module prices have been declining rapidly in recent months and Trina Solar, the world’s largest supplier, expects them to fall at least another 10% in the second half of the year, perhaps sparking consolidation in the upstream PV industry.
Siemens, Vestas, Gamesa, Dong and First Solar are among a raft of familiar big names from the wind and solar industries near the top of new rankings that show 200 clean-energy companies delivering high returns to investors.
15 August 2016 10:50 GMT
Germany’s SolarWorld became the latest major OEM to flag up mounting price pressures in the global PV market, but claimed it can ride out both the current market turbulence and a high-stakes legal battle with polysilicon supplier Hemlock.
15 August 2016 08:43 GMT
PV inverter group SMA Solar will shut factories in the US and South Africa as it moves to protect profitability against an “unexpectedly strong” downwards pressure on prices that will intensify in 2017, the German company said today.
11 August 2016 07:56 GMT
Renewables were one of the few bright spots in otherwise dire first half earnings at E.ON thanks to the full commissioning of two North Sea offshore wind farms, as impairment charges and provisions for losses at fossil unit Uniper led to a net loss of almost €3bn ($3.34bn) for the German utility as a whole.
10 August 2016 08:40 GMT
Total corporate funding into the global solar sector, including venture capital funding and public market and debt financing, declined 41% compared to $2.8bn raised in the first quarter, according to Mercom Capital Group.
04 August 2016 06:58 GMT
Back in 2014 the European Commission brought forward a new set of state aid guidance for its Member States, relating to the best way to support the development and installation of renewable energy into the European grid.
04 August 2016 11:31 GMT
Plans for mass-deployment of solar power in the region of the Chernobyl nuclear disaster moved a step forward as the European Bank for Reconstruction and Development (EBRD) said it could play a role in supporting the project.
03 August 2016 11:07 GMT
CEZ Group – the largest utility in Central and Eastern Europe – plans to add up to 700MW of offshore wind capacity to its portfolio by 2020 as part of a 1GW Western European renewables strategy, Recharge has learned.
02 August 2016 07:35 GMT
Egypt has signed a memorandum of understanding (MoU) with Chinese company TBEA SunOasis to build a 1GW solar power plant, as part of the country’s efforts to diversify its energy mix through investing in renewables.
01 August 2016 01:52 GMT
European transmission system operator (TSO) TenneT has kicked off a pilot scheme to explore how new energy technologies could be bolted into existing electricity infrastructure, to take over the role of grid-stabilising primary reserve capacity providers from coal- and gas-fired power plants.
01 August 2016 12:28 GMT
South Africa’s newest wind farm started commercial operation against the background of an increasingly bitter policy row that today saw its energy minister wade in to underline the “irreversible” role of renewables in the country’s future economy, amid fears that its cornerstone initiative is under threat.
29 July 2016 01:55 GMT
SolarWorld posted an operating profit in the second quarter, but says increasing global price pressure means full-year earnings before interest and taxes (Ebit) could come in anywhere between a €10m ($11.1m) loss and a €10m profit.
29 July 2016 09:39 GMT
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