Investigators have accused the Bad Staffelstein-based business of having purchased incorrectly-declared modules from China and evading around €23 million in import duties. The company’s head office and the private apartments of board members have been searched.
The Swiss Federal Council intends to increase competition in the solar sector and set fixed tariffs for large PV projects using tenders. The electricity market will be fully opened up in a move industry association Swissolar says will discriminate against PV and threaten the rapid expansion of renewables.
The District Court of Dessau-Roßlau yesterday confirmed self-administered insolvency proceedings have been conducted at the German thin-film CIGS module manufacturer and a provisional administrator has been appointed.
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.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.