Q.Cells creditor meeting begins
According to reports, 47 representatives at the insolvent Q.Cells SE are currently deciding whether South Koreas Hanwha, or Spain-based Isofotón will get to take the German company over. When the decision will be reached is not yet known.
Poland adds 36.5 million to PV module grants for households
Polands state-run National Fund for Environmental Protection and Water Management (NFEPWM) has announced it will add a further PLN 150 million (36.5 million) to its grant program aimed at Polish households that purchase photovoltaic modules.
Update: Isofoton to invest 300 million in Q.Cells
Following the news that Spain-based Isofotón had also submitted a bid to take Germanys Q.Cells over, pv magazine has learned that if the offer is accepted, it will invest 300 million in Q.Cells businesses. Under 10% of the workforce would also be cut.
A look at Italys latest Conto Energia
Italys new guidelines for photovoltaic subsidies have been in place since Monday, August 27. While system operators will have to adapt to much lower tariffs and changing requirements, it is believed the new funding under the Conto Energia V will only last until the end of 1H 2013.
Romneys energy policy fuels US political debate
A 21-page policy paper on energy released by presumptive U.S. GOP Presidential candidate, Mitt Romney in advance of the Republican National Convention in Tampa, Florida, next week is predicated more on “what lies beneath” than on “all of the above.”
Brazil to build first PV module manufacturing facility
The northeastern state of Paraíba will soon become home to Brazils first photovoltaic module manufacturing facility. Expected to be built early next year, the first phase will see an annual capacity of 30 MW come online.
Poland: 2 new solar farms to be installed
Two new solar farms are to be set up in Rz?dów and Legnica, both in Poland, according to various reports in the Polish media.
GCL-Polys half-year profits plunge
Chinese polysilicon and wafer supplier, GCL-Poly has announced weak half-year results, with revenues falling by 22.4% and gross profit by 109.3%. In a statement announcing the results, chairman and CEO, Zhu Gong Shan has attributed the poor performance partly to the cyclical oversupply in the industry.
Pakistan: Punjab government turns to solar
In a bid to foster awareness of alternative energy resources the Punjab government in Pakistan has unveiled its plans to install up to 500,000 solar home solutions in the province.
Brazil: Renova Energia to move into solar sector
Shareholders in Brazils renewable energy major, Renova Energia, approved a decision on August 22, which will see the company until now a major wind developer expand its activities into solar energy.
