Global solar projects to hit three year high in 2014

Solar panel installations are set to hit a three-year high in 2014, according to information company IHS. Following a two-year solar slowdown, the firm predicts projects could hit 41 GW next year, bringing in revenues of more than $86 billion (£53.5 billion). Solar installations could rise by nearly a fifth (17%) over the year, following […]

Germany sees growth in wind sector

Wind power installations in Germany rose 14% in the first half of this year, according to a new report. Developers added 1,143MW of total wind capacity – up from 1,004 a year earlier. However, only 21 installations, with a capacity of 105MW, in the first half of the year is believed to have been offshore. […]

Offshore wind spending could average ‘€15bn a year’

The global wind industry is forecast to spend almost €15 billion (£12.8bn) every year for the next ten years to develop the offshore sector. Analysts at British firm Douglas-Westwood expect offshore wind installations to average at 3.2GW every year over the next decade, with capital expenditure hitting a peak of €18 billion (£15.4bn) in 2016. […]

Japan forecast to install $20bn worth of PV systems

Japan could install $20 billion (£13.15bn) worth of solar systems and could become the “world’s largest” PV market in terms of revenue this year. New research by analysts at IHS revealed a total of 1.5GW worth of solar systems were installed in the first quarter of this year, up from 0.4GW the same time last […]

EU in second place for wind power installations in 2011

The European Union was the second highest installer of new wind power last year, according to a report. The ‘Clean Energy Trends’ research was conducted by Clean Edge, a company who analyses the energy industry around the globe. According to Clean Edge, the EU came in second place to China who had more than 40% […]