Interview: Suntech founder outlines PV strategy going forward
Hitherto focused on Europe, which accounted for 66 percent of its revenue in 2010, Suntech Power is diversifying its strategy, betting big on the U.S., Asia Pacific, the Middle East and Africa. In an exclusive interview, Zhengrong Shi, founder and CEO talks to pv magazine about the companys latest plans.
Indias Karnataka invites solar bids worth 80 MW
The Indian state of Karnataka is inviting bids for solar projects worth 80 megawatts (MW). A draft of the power purchase agreements (PPAs) offered under the policy has also been released. Criticism is aimed at both the lack of experience required for developers, and the benchmark tariffs set.
US Coast Guard starts $50 million solar rooftop renovations in Puerto Rico
On any U.S. Coast Guard ship, “PV” refers to a passenger vessel. But now some shore-side personnel are learning a new lexicon, as their bases in Puerto Rico launch a photovoltaic project.
Deutsche Bank praises German PV policy
Deutsche Bank has labeled Germanys feed-in tariffs (FIT) as ‘Best-in-Class’ while offering comment on balancing policy longevity and supporting investor security.
Italy: GSE adjusts PV subsidy register again
The Italian network authority, GSE, has published an updated list of the photovoltaic systems that will receive subsidies this year. Currently more than 2,700 projects are on the waiting list.
US permits 550 MW PV project
U.S. Secretary of the Interior, Ken Salazar has given the go-ahead to the largest photovoltaic facility ever to be built on public land in America.
The PV race to replace silver
Silver prices have been bad news for photovoltaics of late. Their continuing spike is causing ripples across the photovoltaic manufacturing industry as it forces companies to find cost-effective solutions to the super-conductive metal or face losses.
TFG Radiant Group to produce Ascent Solars CIGS modules in Asia
In a royalties, stock and strategic deal, TFG Radiant Group has announced that it will purchase 6,400,000 of Ascent Solars stock for US$7.36 million at the same time obtaining an exclusive license to produce and distribute Ascents flexible CIGS thin-film modules in East Asia.
Shrinking solar revenues forecast, despite new markets and growing installed capacity
New research forecasts shrinking, and then flat solar revenues through to 2016, despite the fact installations are expected to grow 15.5 percent as new markets open up. Countries with attractive IRRs are also identified.
Conergy increases sales but suffers 6.7 million loss
German renewable and photovoltaic company Conergys woes continued through the second quarter (Q2) of 2011, with its report showing an increase of sales by 40 percent, to 225.2 million, however losses of 6.7 million. By way of consolation, Q2 losses were almost half that of quarter one (Q1) which totaled 12.3 million.
