industry news

Asia-Pacific Region to Account for Half of Global Solar Photovoltaic Demand in 2014 2014-02-11

Solar photovoltaic (PV) demand in 2014 will be dominated by the Asia-Pacific (APAC) region, which will account for approximately 50% of all new solar PV demand next year. Almost 95% of new solar PV capacity in the APAC region in 2014 will come from just five countries: China, Japan, India, Australia, and Thailand. APAC countries are forecast to install more than 23 gigawatts (GW) of solar P...

Chinese solar panel firms help Latin Americans see the light 2014-01-27

Maracana Stadium is equipped with 1,500 Yingli solar panels which can produce enough electricity to power 240 homes annually with zero air pollution. Facing shrinking markets in the European Union and North America, Chinese solar power companies hope to shed increasing light on Latin America. Yingli Solar, the world's largest solar panel module manufacturer, launched a branch company in Sao...

Strong Growth Forecast for Solar PV Industry in 2014 with Demand Reaching 49 GW 2014-01-08

Solar photovoltaic (PV) demand is poised for explosive growth in 2014, and is set to reach 49 gigawatts (GW), up from 36 GW in 2013, according to findings in the latest NPD Solarbuzz Quarterly. “The solar PV industry has reached a critical tipping point, with end-market demand hitting record levels almost every quarter,” added Finlay Colville, vice-president at NPD Solarbuzz. “Thi...

Chinese PV Exports to EU Second-Round Quota Allocation to be Released 2013-10-09

According to the new EU-China agreement, wafers, cells, and modules exported to EU from the ninety-four Chinese PV companies can be exempted from anti-dumping tariffs. The minimum price for Chinese modules shipped to EU is set at €0.56/Watt and the volume limit is 7GW per year.With first round of quota allocation being completed, the second round of allocation scheme will soon be released, w...

China offers solar power tax breaks 2013-09-30

China's Ministry of Finance announced on Sunday that it will offer tax breaks to manufacturers of solar power products, in the country's latest effort to encourage the use of the green energy. From Oct 1, 2013 to Dec 31, 2015, vendors of self-produced power products using solar energy will receive immediate refunds of 50 percent of the value-added taxes, the ministry said in a brief stateme...

MEA region PV demand to reach 1 GW in 2013 2013-07-17

In a report released today, NPD Solarbuzz has predicted that photovoltaic demand from the Middle East and Africa (MEA) will total 1 GW in 2013. This represents a 625% increase on the 136 MW of demand in 2012. In another indication of the increasing regional diversity of the photovoltaic market, NPD Solarbuzz has predicted that demand from MEA countries will grow at a stellar rate in 2...

Almost 9 GW of projects submitted for licensing in Turkey 2013-06-20

The first licensing round for PV projects larger than 1 MW in Turkey has been exceeded by almost 15 times. Nearly 500 applications with a total 8.9 GW were handed in between June 10 and 14. Turkey has received nearly 500 applications with a total 8.9 GW in its first licensing round, which is capped at 600 MW. So far, 496 applications with close to 8.9 GW have been submitted to the Tur...

Jordan: PV installations expected to reach 300 MW by 2017 2013-06-07

ClearSky Advisors forecasts that cumulative photovoltaic capacity in Jordan will reach 300 MW by the end of 2017. In the report, issued on May 1, Canada-based ClearSky Advisors forecasts that cumulative photovoltaic capacity will increase from the under 10 MW currently installed, to 300 MW by the end of 2017. According to the research firm, a direct proposal framework for large...