Taiwan Solar industry faces turbulence Taiwanese solar cell producers enjoyed a great 2013 and 2014, as USA sanctions on Chinese made solar cells forced many of the top Chinese solar panel producers such as Yingli, Jinko, Renesola and others to source solar cells from Taiwan. Another tailwind was the massive growth in the Japanese solar [...]

NextEra to merge with Hawaiin Electric Industries NextEra Energy is a leading renewable energy provider, focusing on wind and solar energy in North America. It reported consolidated revenues of ~$17 billion with 44,900MW of generating capacity in 2014. The company has now decided to merge with Hawaiin Electric Industries and has also received approval from [...]

Florida Solar Power Florida has plans to install ~500 MW of solar power by 2024. Florida, the sunshine state of USA is currently ranking 13th in the installed solar capacity according to the Solar Energy Industries Association. The state has 234 MW of installed solar power at present. Duke Energy (DUK) has plans to install [...]

Germany to move to Reverse Auction Germany has been the most successful country in installing solar power with more than 35 GW of cumulative solar power installed. The success came due to the country’s enlightened EEG law, which decreased solar FITs every year without putting hard caps on solar installations. This led to a continuous [...]

Italy stops solar subsidies Italy has become one of the first countries to stop solar subsidies almost completely. This came after the country received over 50 billion euros of investment in the last 5 years to set up 17 GW of solar energy capacity. The country saw huge growth in solar energy as its generous [...]

China weak in Poly China is the world’s largest manufacturer of solar cells and panels, with almost 50% of the world’s capacity if not more. The country’s major solar companies like Jinko Solar, JA Solar etc. are the world’s top 10 module makers and shippers. The enormous cost cuts in solar power in the last [...]