Solar Media Staff

Solar PV balance of system (BoS) equipment revenues are projected to increase from $17 billion in 2011 to almost $24 billion in 2016, according to a new report published by IMS research. The paper shows that monitoring hardware, mounting structures and tracker systems will capture an increasing share of the market.

UK solar photovoltaic systems distributor, Waxman Energy, has strengthened its position with the announcement of four major new supplier partnerships.

Centrica has reported adjusted operating profits of £2.4 billion, up 1 percent on 2010’s levels. Centrica’s annual results also reveal that British Gas’s profits fell by 30 percent, following an unexpectedly mild winter.

Redhouse Park has installed a 50kWp ground-mounted array which will save the residents from emitting over 22 tones of CO2 every year.

The Department of Energy and Climate Change (DECC) has released its December energy statistics for 2011. The figures show a record drop in primary energy production by 14 percent on 2010 levels to 136.3 million tonnes of oil equivalent.

Despite the uncertainty caused by the recent feed-in tariff cuts, Absolute Solar and Wind has announced the employment of 30 new staff members as the company expands across Scotland. Headquartered in Glasgow, the solar PV, thermal and wind energy provider is now set to open three new offices in Edinburgh, Aberdeen and Inverness.

Edinburgh has stepped up its campaign to be chosen as the base for the coalition’s proposed new Green Investment Bank.

Bunge, a leading global agribusiness and food company, has announced that it will acquire Climate Change Capital Group (CCCG), a UK-based sustainable asset manager and advisor.

In a bid to reduce the monopoly the Big Six currently holds over the UK’s energy market, Ofgem has today revealed a three-stage plan to make the electricity market more open and transparent. The announcement is most significant for the smaller energy players, who have previously found it difficult to break the strong hold of the Big Six.

A total of 60 vicarages and rectories throughout the Diocese of Bath and Wells are set to receive solar panels as part of the Church’s ambition to drastically shrink its carbon footprint.