Sandra Enkhardt
German PV manufacturers continue to post losses
German photovoltaic manufacturers continue posting negative financial results, as the European market remains stagnant. Boschs photovoltaic business unit recorded a 1 billion loss for full-year 2012, as Aleo doubled its loss in 1Q.
Solen reports insolvency
PV manufacturer Solen was unable to repay the interest on a loan within the stipulated time period. Two meetings with creditors to decide on a moratorium failed, due to the lack of interest and participation. The board is left with the sole decision to head to the district court.
Germany installs 775 MW of PV in Q1 2013
Germany reportedly added 290 MW of new photovoltaic capacity in March, according to the Federal Environment Minister. While the Federal Network Agencys figures are still to be released, if the information proves true, the solar subsidy degression planned for May could decelerate.
Poland continues to struggle with its renewable energy law
Renewable energy promotion in Poland has suffered a number of setbacks. Discussions over the draft law, originally scheduled to come into play this January 1, are, once again, underway. According to reports, the Economy Ministry is seeking to lower subsidies for photovoltaics, wind and biomass.
Germany likely to see storage subsidies on May 1
German state bank KfW says it is ready to start support of storage systems for photovoltaic systems in early May. The green light is, however, still to come from Germanys Federal Environment Ministry in Berlin.
Insolvency proceedings open for Asola Solarpower
Germany-based Asola Solarpower is experiencing financial difficulties. Nevertheless, the companys insolvency administrator sees good opportunities for redevelopment via a realigned business plan.
Bosch receives first offers to buy solar division
Following Boschs announcement that it is exiting the crystalline photovoltaic business, the Germany-based electronics giant has confirmed it has received offers from interested parties. It is unclear, however, how long Bosch will take to review them.
Germany adds 211 MW of PV in February
Germany added 211 MW of new photovoltaic capacity in February across more than 8,300 systems. The largest solar park, with a capacity of 8.2 MW, is located in Brandenburg, near the capital, Berlin.
Investment rumors boost SolarWorld stocks
Speculation that SolarWorld may receive a three-digit million investment from Qatar saw the German photovoltaic companys stock temporarily jump. It has failed to respond to the rumors.
Poland proposes more PV changes
According to media reports, the Polish Government has implemented further solar subsidy changes to its renewable energy draft law. Under them, support will only be given to photovoltaic plants up to two MW in size.
