Regulations require Q-Cells to exit the TecDAX today. This was announced by the German stock exchange.
Proponents of the U.S. Department of Energy (DOE) loan program took a tumble on the Hill this week as Republicans ratcheted up election-year resistance to both solar grants and renewable energy subsidies.
India-based telecommunications company, Bharti Airtel, has chosen to increase the use of solar, and other renewable energies, to replace its diesel-powered generators. The aim is to reduce its carbon footprint in Africa and cut operational costs.
Germany-based S.A.G Solarstrom and the Hanwha Group have announced that they will work together to install 20 megawatts (MW) of photovoltaics on rooftops across Italy.
According to the industry experts present at the first “Energy Storage” conference, held this week in Düsseldorf, Germany, either technology could win the race to enable Germanys renewable energy future.
As with many of its peers, Hanwha SolarOne experienced a tough 2011, with significant losses recorded across the board. Chairman and CEO, Ki-Joon Hong attributes this to a period of “adjustment and consolidation”. Going ahead, he says that capacity expansions have been put on hold and that conditions will “remain challenging”.
Having achieved a “historic” year in terms of photovoltaic installations in 2011, the U.S. solar market is estimated to be worth over US$8.4 billion. Declining system prices and improved financing options were said to be among the key growth drivers. Going forward, 2012 is predicted to be a another strong year, with 2.8 GW of installations expected.
Germanys debate over its solar subsides is continuing with a focus on the short transition period for the reduction of the photovoltaic feed-in tariffs (FITs). However, in a positive move, the countrys Federal Minister for Economics seems ready to make concessions.
Photovoltaic projects in South Africa being undertaken by the countrys power utility Eskom and independent power producers (IPPs) will be among those to benefit from a financing deal announced early this week between South Africas Absa Bank and the French Development Agency (FDA).
During the second day of Solarpraxis “Energy Storage” event in Germanys Düsseldorf, it was claimed that the storage bottleneck needs to be broken, in order to develop large-scale storage solutions, which are critical to the future dominance of both solar and wind.
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