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Sonnedix closes €90 million financing on 24 MW French PV project

Sonnedix has closed a €90 million long term non-recourse project financing deal on its 24 MW photovoltaic project in north eastern France with HSH Nordbank AG.

Australia: Proposed "gross FITs" slammed

Only months after the new conservative government in the Australian state of Queensland slashed its FIT program, a proposal to pay “gross FITs” has been slammed by clean energy groups.

India: Demand for RECs expected to rocket by 2016

Despite only 5 of India’s solar Renewable Energy Certificates (RECs) being traded when the solar offsetting mechanism started this May, consulting firm Bridge to India has predicted some 480 million RECs will be changing hands by 2016.

French Government plans FIT phase out

To further develop photovoltaic power in France, the new French government has recommended a change from the current feed-in tariff (FIT) system, available for systems up to 100 kWp, to an auction system.

Isofotón not interested in Sovello takeover

Isofotón has said it is not interested in taking Sovello over. After reviewing the German company’s books, it has decided not to submit an offer.

UK: Solar a "deal sealer" for home buyers

New figures from British bank ING Direct has shown that solar is the most important “non essential” factor in encouraging a prospective buyer to agree to purchasing a house. 38% of respondents to the ING survey of over 1000 people, responded that solar panels were the most important non-essential factor, which would encourage them to buy a property.

US Republicans 'party' after House passage of 'No More Solyndras Act'

U.S. Republicans hailed the bipartisan approval of the “No More Solyndras Act” by the House of Representatives on Friday, September 14, characterizing the bill as “a commonsense solution that will protect taxpayers and encourage a more robust energy future.”

Fronius expands US operations

Underpinning its U.S. market expansion, Fronius has announced it will begin inverter production at new headquarters in Portage Indiana soon. The Austrian-based company will also introduce its Fronius Service Program to the U.S.

Fronius expands US operations; aims to become number 1 inverter supplier

Underpinning its U.S. market expansion, Fronius has announced it will begin inverter production at new headquarters in Portage, Indiana soon. The Austrian-based company will also introduce its Fronius Service Program to the U.S.

SPI: Steady growth despite the difficulties

Consolidation, but steady growth. This is the conclusion of many at the end of this year’s Solar Power International (SPI), which closed its doors yesterday in Orlando, Florida.

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