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The country's Department of Energy (DoE) says it is on track to meeting its target of tripling its renewable energy capacity by 2030.
After weeks of contract uncertainty and cash flow shortfalls, the struggling solar supplier has today filed for insolvency, and will be unable to make its impending corporate bond interest payment.
The world's largest power utility joins the Desertec Industrial Initiative via its subsidiary, China Electric Power Research Institute (CEPRI).
The Chinese company, which will continue to supply Conergy with modules, says the "made in Germany" label offers quality and security for its long-term investment.
Greggs, the U.K.'s most recognizable high street baker, has installed solar panels at 10 of its bakeries in an effort to reduce its carbon emissions by 25% by 2015.
Communist leaders in China are embracing economic reform, encouraging competition in key industries, calling for limits on state involvement in the market and greater environmental protection. All good signs, says IHS.
The funds will be invested in five PV and CSP solar projects in order to strengthen the country's domestic solar manufacturing and speed-up commercialization of new technology.
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