Solar installation rates in New Zealand have grown by more than 220% in 2015, over the previous 18 months.
Hanergy Thin Film Power loses 47% on share price after company chairman and major shareholder Li Hejun fails to attend the solar company’s AGM.
France’s EDF Energies Nouvelles will partner with Japan’s Marubeni to develop a 146 MW power plant in Chile’s Atacama Desert.
An Australian Government inquiry has found a number of Chinese PV suppliers have dumped solar modules in the market, but it will take no action.
Saudi Armco installs its first rooftop PV array on one of its buildings as a pilot project, with much more to come.
Growth of distributed generation and energy efficiency to reduce utility revenues by up to $123bn a year by 2025.
Number of installations continue to increase as governments and businesses begin to realize the new reality of off or edge-of-grid solar+storage affordability.
BNEF has taken a bullish stance for the 2015 solar market, declaring it is “fed up of being wrong on the downside.”
Residential demand in US is increasing as PV systems become increasingly attractive across more states and falling prices drive demand growth.
International Energy Agency says solar is likely to be the biggest source of energy by 2050.