Top Solar News
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Global solar PV pipeline, excluding projects under construction. Source: IHS Solar Deal Tracker

IHS: Global solar PV pipeline surpasses 200 GW

2016-02-09

With the United States in the lead, due in large part to the recent extension in the country’s solar investment tax credit (ITC) late last year, the global solar photovoltaic (PV) pipeline now exceeds 200 gigawatts (GW), according to IHS Technology (Englewood, Colo., US). At a combined capacity of 110 GW, projects in the U.S., China and Brazil make up half of the current PV pipeline. Read more...

UK PV plant. Europe's solar growth in 2015 is primarily based on the strong UK market

European solar PV market grows 15% in 2015; 8 GW of solar power connected to the grid

2016-02-09

In 2015, European countries connected around 8 GW of solar photovoltaic (PV) systems to electrical networks, according to first estimates by SolarPower Europe (Brussels), the association of the solar power sector in Europe. Demand for solar PV systems in European countries increased by around 15% year-on-year, compared to 6.95 GW of new grid-connected solar power capacity in 2014. Read more...

The world-record solar cell is a multi-junction cell combining three different absorbers

Heliatek sets new Organic Photovoltaic world record efficiency of 13.2%

2016-02-08

Heliatek GmbH’s (Dresden, Germany) R&D teams reached a record conversion efficiency of 13.2% for an OPV multi-junction cell, setting a new world record for the direct conversion of sunlight into electricity using organic photovoltaic cells. The measurement was independently confirmed by Fraunhofer CSP. Read more...

IHS has identified three U.S. states that are projected to install over 1 GW of solar PV capacity in 2016: California, Nevada and Texas

IHS: U.S. will continue solar PV installation boom with extended ITC

2016-02-02

With the recent multi-year extension of the investment tax credit (ITC) in the United States, solar photovoltaic (PV) installations are predicted to grow 60 percent year over year, reaching 15 gigawatts (GW) in 2016, according to IHS Inc. (Englewood, Colorado, U.S.). PV installations in the U.S. will reach record levels in 2016, primarily due to strong demand for utility-scale PV. The Western and Southwestern U.S. will account for the majority (65 percent) of total demand this year. Read more...

SolarWorld aims to raise consolidated revenue in line with shipments by more than 20 percent in 2016

SolarWorld exceeds shipments and revenue forecast for 2015

2016-02-01

In fiscal year 2015, SolarWorld AG (Bonn, Germany) increased group-wide shipments by 33 percent to 1,159 megawatts (2014: 873 MW) according to preliminary information. The United States was the largest individual market with a share of 50 percent. In Germany, SolarWorld managed to raise shipments contrary to the solar photovoltaic (PV) market trend (-30 percent) by more than 60 percent. Read more...

Sunny Boy Storage, SMA’s new storage solution for high-voltage batteries

SMA managing board expects a considerable EBIT increase, sales of between EUR 950 million and EUR 1,050 million

2016-01-29

The Managing Board of SMA Solar Technology AG (Niestetal, Germany) is forecasting a considerable increase in earnings before interest and taxes (EBIT) to between EUR 80 million and EUR 120 million in the current fiscal year with sales of between EUR 950 million and EUR 1,050 million. Other topics at today’s Capital Markets Day include the market and competitive situation in the PV inverter sector and SMA’s strategic focus and technological unique selling propositions. Read more...

Solar supporters rally at the CPUC to preserve California's successful PV net metering program. Photo: Business Wire)

California Public Utilities Commission preserves solar PV net metering

2016-01-29

On January 28th, 2016 a coalition of consumer, environmental, faith, agricultural, environmental justice, and business organizations joined together to applaud the California Public Utilities Commission’s (CPUC) decision to preserve net metering, a critical solar policy that gives the state’s energy consumers the opportunity to generate their own energy with solar power. Read more...

Lux Research expects energy storage to increase the distributed solar PV market by 25 GW annually in 2026

Lux Research: Energy storage for solar PV systems market to reach USD 8 billion in 2026

2016-01-28

Distributed energy storage for solar photovoltaic (PV) systems will be worth USD 8 billion in 2026 as solar combines with storage in order to continue its remarkable growth, according to Lux Research (Boston, MA, US). Solar-plus-storage is a key necessity for solar to overcome limitations like intermittency and the lack of power after dark, Lux Research notes. Read more...

“We have further extended our market leadership and account for approximately 20% of global demand,” explained SMA Chief Executive Officer Pierre-Pascal Urbon

SMA returned to profitability earlier than expected in 2015 according to provisional figures

2016-01-27

Preliminary estimates from the Managing Board of SMA Solar Technology AG (Niestetal, Germany) show sales of about EUR 1 billion in 2015 and earnings before interest and taxes (EBIT) of EUR 30 million to EUR 33 million. SMA has therefore exceeded the Managing Board’s forecast for both figures (sales: €925 million to €975 million; EBIT: €10 million to €30 million). Sales were mainly driven by the large-scale solar photovoltaic (PV) power plant segment (Utility). At the same time, the residential PV system (Residential) and commercial PV system (Commercial) segments as well as service business also posted growth. Read more...

The agreement is JinkoSolar’s largest PV module contract in the United States to date

JinkoSolar inks GW PV module supply agreement with sPower

2016-01-27

JinkoSolar Holding Co., Ltd. (Shanghai, China) on January 26th, 2016 announced that it has entered into an agreement to supply up to one gigawatt (GW) of solar photovoltaic (PV) modules to sPower, a leading U.S. independent power producer (IPP) company. Read more...

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