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Frost & Sullivan forecasts solar PV technology to account for 33.4 percent of total renewable energy capacity additions over the 2012–2025 period. Image: Sarnia PV plant. Courtesy: First Solar Inc.

Frost & Sullivan: Solar PV expected to account for the highest percentage of total capacity additions

2015-01-28

New analysis from Frost & Sullivan (Mountain View, California, U.S.) forecasts the global installed capacity of renewable energy to more than double from 1,566 gigawatts (GW) in 2012 to reach 3,203 GW in 2025 at an average annual growth rate of 5.7 percent. According to Frost & Sullivan’s “Annual Renewable Energy Outlook 2014”, solar photovoltaic (PV) technology is expected to account for 33.4 percent of total renewable energy capacity additions over the 2012–2025 period. Read more...

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Frost & Sullivan forecasts solar PV technology to account for 33.4 percent of total renewable energy capacity additions over the 2012–2025 period. Image: Sarnia PV plant. Courtesy: First Solar Inc.

Frost & Sullivan: Solar PV expected to account for the highest percentage of total capacity additions

2015-01-28

New analysis from Frost & Sullivan (Mountain View, California, U.S.) forecasts the global installed capacity of renewable energy to more than double from 1,566 gigawatts (GW) in 2012 to reach 3,203 GW in 2025 at an average annual growth rate of 5.7 percent. According to Frost & Sullivan’s “Annual Renewable Energy Outlook 2014”, solar photovoltaic (PV) technology is expected to account for 33.4 percent of total renewable energy capacity additions over the 2012–2025 period. Read more...

Abengoa reference PV plant. Atacama 1 PV plant with an installed capacity of 100 MW will consist of 392,000 PV panels

Abengoa celebrates start of construction for Atacama 1: 210 MW PV and CSP plant will become the largest solar complex in Latin America

2015-01-27

Abengoa (Madrid, Spain) on January 26th, 2015 celebrated the start of the construction of a photovoltaic (PV) plant that will be part of the Atacama 1 solar complex, located in the north of Chile (Comuna de María Elena, Segunda Región). The PV project is based in the Atacama Desert, the region with the highest level of solar radiation in the world. Atacama 1 will feature a photovoltaic plant with a capacity of 100 MW and the first solar thermal plant (CSP) in Latin America, with 110 MW of installed capacity and 17.5 hours of thermal storage. Read more...

SMA’s Managing Board plans to cut approximately 1,600 full-time positions in all functional areas worldwide by June 30th, 2015

Managing Board of SMA Solar Technology AG anticipates difficult year 2015, plans to cut approximately 1,600 full-time positions

2015-01-27

The Managing Board of SMA Solar Technology AG (Niestetal, Germany) is anticipating a difficult fiscal year 2015 and a decline in sales. Against this background, the Managing Board plans to cut approximately 1,600 full-time positions in all functional areas worldwide by June 30th, 2015 based on the total of 4,667 full-time positions (without temporary employees) as of December 31st, 2014. Approximately 1,300 full-time positions in Germany and approximately 300 full-time positions at SMA's international locations are affected. The cutback targets of over 600 full-time positions that were announced last year are included in these figures. Read more...

PV Salvador power plant is expected to produce approximately 200 gigawatt-hours of solar power per year

Total, SunPower celebrate completion of 70 MW Salvador Solar PV plant in Chile

2015-01-26

Total (Paris, France) and SunPower Corp. (San Jose, CA, US) on January 23rd, 2015 announced the completion of the 70 megawatt PV Salvador solar photovoltaic (PV) project, one of the world's largest operating merchant PV plants. PV Salvador power plant is expected to produce approximately 200 gigawatt-hours of solar power per year, enough to supply electricity to approximately 70,000 households in Chile. Read more...

The latest DECC statistics show that the FiT solar PV market is seeing healthy growth on domestic and commercial roofs as well as small solar farms

PV in the UK: Over 125,000 homes went solar in 2014, overall installations reached 700 MW

2015-01-26

The UK Department of Energy and Climate Change (DECC) have published their latest statistics on small-scale solar photovoltaic (PV) installations on January 23rd, 2015, showing that over 125,000 homes put solar on their roof last year. The numbers also show that a total of 700 MW of solar, the equivalent of powering 212,000 homes was installed on buildings and in ground-mounted solar farms thanks to the Feed-in Tariff over the course of the year, the Solar Trade Association (STA) notes. Read more...

This global pioneering project incorporates a solar PV plant that will be capable of supplying the power required by the desalination process. Image: Abengoa PV plant in the U.S.

Abengoa, AWT to develop the world’s first solar PV powered desalination plant in Saudi Arabia

2015-01-23

Abengoa (Madrid, Spain), has been selected by Advanced Water Technology (AWT) to jointly develop a large-scale desalination plant to be powered by solar energy in Saudi Arabia. The plant will produce 60,000 m3 of water a day to supply Al Khafji City in North Eastern Saudi Arabia, ensuring a constant water supply throughout the year. Read more...

The chart shows Chinese tier-1 suppliers’ capacity, shipment levels and market share through the first quarter of 2015

IHS: Most Chinese tier-1 PV module suppliers sold out until second quarter of 2015

2015-01-22

Most Chinese tier-1 solar PV module suppliers have sold out until the second quarter of 2015, according to the latest analysis from IHS. Along with the consolidation of the PV module industry, these suppliers increased their market share from 34 percent in the first quarter of 2014 to 45 percent in the fourth quarter. IHS forecasts these companies will maintain their combined market share in the first quarter of 2015. Representing 35 percent of global module capacity, the total effective capacity of Chinese tier-1 module suppliers in the first quarter is expected to reach 5.7 GW, while total global demand is expected to reach 10.8 GW. Read more...

“U.S. companies, including SolarWorld, Suniva and Silicon Energy, thank the commission and its staff for its thorough investigation and fourth vote to uphold American trade laws,” comments Mukesh Dulani, U.S. president of SolarWorld

ITC finds harm against U.S. solar industry; duties on imports of PV products from China and Taiwan will continue

2015-01-22

On January 21st, 2015 the U.S. International Trade Commission (ITC) determined that imports of solar photovoltaic (PV) products from China and Taiwan are injuring U.S. manufacturers. Complainant SolarWorld commended the votes as the final steps in the company’s second set of trade cases and its tenth consecutive victory in those cases. The commission voted 5-0 with regard to China and 4-1 with regard to Taiwan. Read more...

The PV projects will supply the UK market with more renewable energy generation from a competitive source, said Jose Perez, President of SunEdison EMEA and Latin America

SunEdison, TerraForm Power secure financing with Santander and Bayerische Landesbank for PV projects totaling 85.2 MW in the UK

2015-01-22

SunEdison, Inc. (Belmont, California, US) and TerraForm Power, Inc. (Bethesda, Maryland, US) on January 21st, 2015 announced that they have secured financing to build five large-scale solar photovoltaic (PV) farms in the UK which will generate 85.2 megawatts of electricity, enough to power more than 26,000 homes. The projects were previously added to the call right list of TerraForm Power and are expected to be acquired by the company in early 2015. Read more...

Hanwha Q CELLS HQ in Thalheim, Germany. The company’s reshaping is estimated to lead to a reduction of the workforce in Germany by around 550 positions.

Hanwha Q CELLS to reshape its international solar PV production setup; German site to cease production as of 1 March 2015

2015-01-21

Hanwha Q CELLS on January 21st, 2015 announced a program to sharpen the company’s international profile of R&D and production, designed to further improve cost & efficiency and increase the overall competitiveness of the company. As part of the program, Hanwha Q CELLS’ German site (production capacities of 230MW for cells and 130MW for modules) will cease production as of 1 March 2015. Read more...

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