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Developing countries outpacing leading industrial nations in global renewable energy capacity

Wind turbine, Tilaran, Costa Rica

Of the 144 countries with renewable energy support policies and targets in place, 95 are developing nations. The rise of developing world support contrasts with declining incentives and growing uncertainty in Europe and the U.S.,...

Australia: Fresh water from the sun

The first modules have been installed on what will be Australia’s largest utility-scale power plant. The 10 megawatt (MW) plant will provide power to a desalination plant in the area.

Korea: Shinsung puts capacity plans on hold; shifts focus to PV project business

IGEE crowd shot 2012

In an interview with pv magazine Shinsung Solar Energy talks about its gigawatt capacity ramp up plans and photovoltaic project pipeline in Korea.

Italy: Fifth Conto Energia to come into effect when €6 billion ceiling reached; draft measures laid out

Italy solar photovoltaic rooftop

The Italian government has announced that the country’s new renewable energy law, Conto Energia V, will come into effect when the €6 billion photovoltaic feed-in tariff (FIT) ceiling is reached – expected to be between this July...

PV leading renewable distributed energy generation

Solar City van and installation

The electric energy power industry is fundamentally changing, according to Pike Research, and photovoltaics has the potential to play a big role in future business models. Overall, the company has identified seven emerging...

S.A.G. Solarstrom shows increased 2011 sales, but falling EBIT

Italy Serenissima solar farm 48MWp

S.A.G Solarstrom recorded a better year than most in 2011, having achieved the lower end of its sales target. As with many though, the tough market conditions led to both a negative EBIT and consolidated annual result.

PV suppliers stopping in house wafer production as prices plummet

Solar photovoltaic wafers

Many photovoltaic module suppliers are putting a halt to their in-house wafer production in light of drastically decreasing prices. According to IMS Research, wafer prices fell by over 70 percent in the first quarter (Q1) of 2012.

VC funding solar decreases, but number of deals rising

According to new research, venture capital (VC) funding in the solar market has decreased in the first quarter (Q1) of 2012, despite the fact the number of deals has grown. The drop has been attributed to a fading appetite for...

Ghana: PV’s next steps

A photovoltaic installation in Ghana.

As is the case with photovoltaics in a number of African countries, Ghana is taking the next step towards introducing initiatives to encourage its growth. This was the major message at the Energy Forum of the Ghanian-German...

Spain: Gehrlicher aims at PV without FITs

Project developer Gehrlicher Solar wants to realise a 250 megawatt (MW) photovoltaic plant in Spain without any feed-in-tariffs or other kind of economic incentives. The generated electricity will be sold at market price.

Lux predicts flat demand and revenue declines

A rooftop PV application in France.

Using at times impassioned language, Lux Research has published a report into the 2012 photovoltaic market, which could serve as a “great awakening” for the industry. Predicting installed capacity growth of only 400 megawatt (MW)...

Japan: 200 MW plant planned

A PV Power plant in Japan.

In what will dwarf all previous photovoltaic installations in the country, the Japan Times has reported that telecommunications pioneer Softbank is planning to build a 200 megawatt (MW) power plant on the northern island of...

Brazil's smart grid market to grow

Northeast Group has released a study, Brazil Smart Grid: Market Forecast 2012-2022, stating that smart grid investments in Brazil are set to reach US$36.6 billion by 2022.

Dampened support for Greek Project Helios

State Secretary for the Federal Environment Ministry Jürgen Becker at an energy conference in Athens clearly articulated that the support for the development of solar energy in Greece will not come from the EEG.

Hyundai Heavy moves into storage business

Hyundai Heavy Industries will partner with Magna E-Car Systems under a joint venture, MAHY E-CELL, to co-develop a successful battery cell and battery pack business. Hyundai Heavy aims to couple its new battery direction with its...

Germany: A rescue plan proposed

Green energy politician, Hans-Josef Fell has requested the government to mitigate the drastic cuts that are being made to the photovoltaics subsidies. German photovoltaic manufacturers are also in the need of support from...

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