The shock announcement in December that E.ON, one of Europe’s most polluting utilities, will convert itself into a renewables business has raised many questions about how the new entity will operate, and whether it will have the cash to succeed
03 March 2015 09:05 GMT
First Solar reported fourth quarter net income almost tripled to $191.9m, or $1.89 per fully diluted share share, from a year earlier, one day after revealing it was in “advanced negotiations” with SunPower about jointly forming and listing shares in a yieldco.
24 February 2015 10:47 GMT
Solar power in sunny regions will be cheaper than electricity from coal or gas by 2025, and could go down to rock-bottom levels of €0.02 ($0.023) per kilowatt hour by 2050, a new study by the Fraunhofer Institute for Solar Energy Systems estimates.
24 February 2015 01:20 GMT
The Japanese government may slash its feed-in tariff (FIT) for utility-scale solar projects in stages in the next fiscal year from ¥32/kWh ($0.27) at present to as low as ¥27/kWh by the summer, while leaving its rates for onshore and offshore wind projects unchanged, according to local reports.
24 February 2015 07:12 GMT
Europe’s transmission operators (TSOs) have laid contingency plans to cope with “an unprecedented test” of the continent’s electricity system as a solar eclipse on 20 March disrupts input from its burgeoning PV capacity, said pan-European body ENTSO-E.
23 February 2015 02:00 GMT
This year's start of operations of the first 50MW at the Corredor Senandes complex in southern Brazil marked the debut of Odebrecht Energia in the wind sector, as it plans development of a wind portfolio of over 300MW as well as keeping an eye on opportunities in solar.
20 February 2015 05:02 GMT
The rapid expansion of China's solar sector will offer a wealth of opportunities for foreign suppliers of key components and materials in the coming years, according to recent findings by Guangzhou-based research firm CCM.
19 February 2015 08:30 GMT
As part of Latvia's debut presidency of the EU, an Energy Union conference was held in Riga earlier this month. The European Commission used the event to launch a route-map towards the ambitious policy goal, naming it the 'Riga Process'.
18 February 2015 03:44 GMT
PV module shipments in Japan rose to 7.04GW in the nine months to 31 December, up sharply from approximately 5.84GW in the first three quarters of 2013, according to new data from the Japan Photovoltaic Energy Association (JPEA).
18 February 2015 03:58 GMT
Germany has filed a suit with the European Court of Justice against the European Commission to settle the question of whether feed-in tariff support under its Renewable Energies Law (EEG) is subject to EU state aid rules.
17 February 2015 04:12 GMT
India’s biggest bank said it will lend 750bn rupees ($12bn) to back development of 15GW of renewables over the next five years, as the country’s government said it wants clean sources to account for 15% of the country’s energy mix within a decade.
16 February 2015 12:55 GMT
Trina Solar has established a separate projects company, putting it in a position to launch a yieldco at some stage, as the world’s largest supplier of PV modules unveiled another 1GW development framework agreement in China.
12 February 2015 03:40 GMT
The 550MW Desert Sunlight PV project – owned by affiliates of NextEra Energy (50%), GE (25%) and Japan’s Sumitomo (25%) – has been commissioned in the California desert, tying the recently commissioned Topaz for the title of world’s largest PV plant.
10 February 2015 03:36 GMT
Brazil is preparing measures to incentivise rooftop PV arrays as part of a broader package of measures to help the country through a period of looming power shortages, caused by more than two years of droughts that have depleted its hydroelectric reservoirs.
09 February 2015 01:50 GMT
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