The Swiss equipment maker is instead preparing to commit its future to PV in its European heartland and will start with plans to help Norwegian module maker REC Solar embark on a gigawatt-scale production expansion.
Previously, a mere €240 million was set to flow into the giga-factory. The corporation’s management reasoned new demand for its battery cells made more investment necessary.
The strong growth registered in the first quarter of the year – when 1.27 GW of new PV was deployed – will prompt a 1.4% reduction in the FIT price for the three-month period up to July.
The Verbraucherzentrale NRW says advertising for the Solstråle solar system is misleading and has warned the furniture provider and its partner Solarcentury Microgen (Deutschland) GmbH it will begin legal action if the campaign is not changed.
Power provider Stadtwerke Waldkirch has built a 264 kW PV system in Germany with Sunman’s glass-free modules, as a titanium rooftop at the project site made it impossible to use conventional modules.
German engineering association the VDMA expects PV system prices to continue to fall, as set out in the latest International Technology Roadmap for Photovoltaics report. Falling production costs and rising cell and module performance levels will secure long term competitiveness for PV in the energy mix, says the report. VDMA estimates global production capacity for PV modules reached 150 GW last year.
The PV equipment manufacturer said solar sales remained stable. Major CIGS contracts with Chinese partners Shanghai Electric Group and China Energy Investment Corporation dominated the company’s PV business.
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