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US: Utility-scale solar averaging five cents/kWh, study finds

Solar PV plant in Nevada.

Report by Lawrence Berkeley National Laboratory finds that utility-scale solar project developers negotiate average PPAs of just five cents per kWh, an all-time low figure; 30% ITC helps lower costs.

South African PV developers to invest $114 million in women

South Afruca solar photovoltaic plant

Eighteen photovoltaic developers, who have finally signed contracts for 651.53 MW worth of projects in South Africa on Monday, are among 28 renewable energy companies that will allocate US$114 million of their investment to women...

China Sunergy to install 10 MW of PV in UK

China Sunergy building HQ

China Sunergy Co. Ltd will install two photovoltaic parks worth 10 MW in Cornwall, the U.K. They are expected to be grid connected before next April 1.The news marks the company’s move into the downstream business.

Sonora Energy unveils ambitious Mexican PV plans

ABB and SEGH officials working with CFE at their switch yard in Puerto Libertad, Sonora. It is here that ABB will build a 40kVA sub station designed by CFE for the SEGH-CFE 1 photovoltaic plant

Sonora Energy Group de Hermosillo (SEGH) is currently working on a 39 MW photovoltaic plant in Mexico. If all goes to plan, it should begin supplying electricity to the Mexican grid by the end of next August. Overall, the group...

Solon establishes solar JV in Israel

Solon HQ Berlin Germany

Solon Energy GmbH has established a joint venture with Israel-based Elco. The new company already has two photovoltaic projects under construction, and is hoping to work on a further 200 MW in the country.

PV contribution reaches 6% in Germany

Germany 31.5 MW solar photovoltaic Park

The share of solar power in Germany’s energy mix has risen 50% on the back of increased photovoltaic installation activity and a high number of sunshine hours. Overall, the contribution of renewable energy in the country grew in...

China: LDK partners with coal producer; appoints new CEO

LDK Solar branding China

China-based LDK Solar has, according to reports, entered into a partnership with state-owned coal producer China Pingmei Shenma Group under which it will develop photovoltaic projects in China’s Henan province. The company has...

Solar exit costs Siemens €250 million

Siemens branding HQ Munich Germany

Siemens' exit from the photovoltaics and solar thermal industry is expected to cost the electronics giant €250 million this year. Since 2009, the Munich-based company has invested around €800 million in its solar business.

Croatia ups PV quota

Croatia 5.1 MW solar photovoltaic Kamenica farm

The Croatian government has voted to increase the existing quota for photovoltaic capacity eligible for feed-in tariffs (FITs) from 15 MW to 45 MW in 2013. Overall, it expects to meet its 2020 quota of 45 MW of installed capacity...

First Solar reduces 2012 net sales guidance; ups EPS forecast

First Solar thin film photovoltaic

First Solar Inc. has reported its Q3 financial results. By all accounts, the thin film photovoltaic manufacturer recorded a positive quarter, leading it to up its FY EPS guidance. Net sales guidance has been slightly lowered,...

Siemens will significantly scale PV inverter business back

Siemens Munich HQ

A spokesperson has told pv magazine Siemens will "significantly" scale its inverter business back in 2013, due to the weakening demand for photovoltaic components. Meanwhile, the company has provided two reasons for its solar...

International agreement intended to kick off Desertec

Morocco flag

According to media reports, five countries are looking to push ahead with the Desertec initiative. This month, a letter of intent is expected to be signed. Meanwhile, RWE is said to be planning to build a solar and wind farm in...

China launches EU polysilicon anti-dumping investigation

Polysilicon solar photovoltaic

According to reports, China’s Ministry of Commerce has launched an investigation into European imports of solar grade polysilicon.

Germany considers keeping EEG

Phllip Rösler.

The German Liberals and Monopolies Commission have come out in favor of a photovoltaic quota system, instead of the current EEG. However, Free Democratic Party (FDP) leader, Philipp Rösler, and the German Cabinet have rejected...

Indonesia set to challenge Thailand in PV stakes

A solar photovoltaic park in Thailand.

Indonesia, with its thousands of scattered islands and consequent off-grid photovoltaics demand, is set to challenge the traditional dominance of Thailand in the South East Asian region over the next four years, according to a...

PV inverter ranking: Kaco announces 9.5 GW capacity

Kaco solar photovoltaic inverter production

Kaco New Energy has responded to the latest photovoltaic inverter rankings published in the November edition of pv magazine. The German company says it significantly increased its production capacity in 2011 and can now produce...

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