Court rules in favor of compensation claim for 14 companies aggrieved at government changes to the feed-in tariff introduced in 2011.
While small FIT-supported projects have driven the British photovoltaic market, 2013 has seen an increasing amount of large-scale capacity as the government weighs green tax reductions while embracing nuclear power.
CEO Kangping Chen says the company is devoting substantial resources towards growing core PV operations and rapidly expanding its downstream business after achieving net profitability for the entire year ahead of schedule.
Four Ontario solar projects will be sold for an undisclosed sum to fund managers DIF. The sale marks another win for Canadian Solar's downstream Solutions subsidiary.
Chinese solar manufacturer Hanwha wants to expand its project development business in China and upgrade its manufacturing processes. Hanwha Group intends to start manufacturing polysilicon in future.
As the Taiwanese polysilicon manufacturer attempts to raise funds and renegotiate a looming bonds deadline, it has announced another expected loss. The extent of the losses should be revealed at the end of November.
SolarCity is teaming up with German automaker BMW to offer U.S. owners of the new BMW i vehicles a discount on home solar installations.
The deal enables the former solar heavyweight to stay in business, with Shunfeng paying an agreed 30% of Suntech's $1.75 billion debt to Chinese creditors.
The investment was announced on the same day the company also revealed details of an agreement with JX Nippon Oil & Energy Corporation to distribute its high efficiency PV modules in Japan.
Austerity-driven FIT cutbacks have seen PV installations in Greece plummet from the 801 MW installed in the first quarter. Figures show only 6 MW were installed in each of August and September.
The one-day event was low-key but highly focused, attracting an audience committed to patiently furthering PV development in Saudi Arabia.
IHS analyst Ash Sharma says the Japanese government's reduction of its climate change commitments could affect the solar FIT in March. The generous regime will be reassessed in four months' time, says Sharma.
Regulators on Thursday voted 3-2 in favour of a $0.70 kW surcharge on all new solar customers from January 1, 2014, adding approximately $5 per month to their bills.
The reported $400 million cash and debt deal includes five California solar plants and one array in Arizona that will have a combined capacity of 106 MW.
The Kern County plant, set to begin construction next year and in operation by mid-2015, will have an annual production capacity of 240 million kilowatt hours.
The state's utility regulators are discussing a proposal from Arizona Public Service to amend net metering rates for solar customers, stating the current scheme puts non-solar providers at a disadvantage.
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