Policy, investment and markets News for June 2016

Policy, investment and markets News Archive

Global installed solar photovoltaic capacity to exceed 756 GW by 2025, says GlobalData Global installed solar photovoltaic capacity to exceed 756 GW by 2025, says GlobalData

Cumulative global installed solar photovoltaic (PV) capacity is set to continue its growth from 271.4 Gigawatts (GW) in 2016 to 756.1 GW by 2025, registering a compound annual growth rate (CAGR) of 13.1%, according to research and consulting firm GlobalData.

Gamesa unveils new 1,500 Vdc 2.25 MVA PV inverter Gamesa unveils new 1,500 Vdc 2.25 MVA PV inverter

Gamesa has launched its new E-2.25 MVA PV inverter, one of the most powerful on the market, which will be one of the most powerful PV inverters in the market, according to the company.

ABB inaugurates microgrid in South Africa

ABB has commissioned an integrated solar-diesel microgrid installation at its 96,000 square meter Longmeadow facility in Johannesburg, South Africa.

Siemens and Gamesa to merge wind businesses to create a leading wind power player

Siemens and Gamesa have signed binding agreements to merge Siemens’ wind power business with Gamesa to create a leading global wind power player.

SolarWorld donates 50 kW of solar panels to provide clean power for Haiti hospital SolarWorld donates 50 kW of solar panels to provide clean power for Haiti hospital

SolarWorld has donated 50 kilowatts of high-performance solar panels to a hospital in Bonne Fin, Haiti, in order to help dramatically reduce reliance on expensive and faulty diesel generators.

Siemens to supply wind turbines for onshore wind power plant in Japan Siemens to supply wind turbines for onshore wind power plant in Japan

Siemens has received its first order from J-Wind Setana to supply, install and commission 16 direct-drive wind turbines with a capacity of 3.2 megawatts (MW) each.

IRENA joins public/private sector initiative to boost corporate sourcing of renewables

Governments and private sector corporations will collaborate to scale up renewable energy in support of the Paris Agreement under a campaign launched last week at the seventh Clean Energy Ministerial (CEM) meeting in San Francisco.

Latin American wind power market to face uncertainty beyond 2018 Latin American wind power market to face uncertainty beyond 2018

MAKE has released findings that indicate the Latin America wind power market faces an uncertain future despite strong growth in recent years.

Investment in energy storage vital for renewables to achieve full potential

Government subsidies should be used to encourage investment in energy storage systems if renewable power is to be fully integrated into the sector, according to researchers at the University of East Anglia (UEA).