Sandra Enkhardt
Innotech Solar ramps PV module capacity up
Going against the current grain, Innotech Solar is planning to increase its photovoltaic module production capacity. New jobs are expected to be created.
Germany: No cuts for existing PV installations
The “brake on electricity price” action proposed by German Environment Minister Peter Altmaier seems to be off the table. An energy summit of federal and state representatives at the chancellery brought no end-solution. Further negotiations are called for.
EU industry committee favors renewable energy FITs over quotas
A European Committee has spoken out in favor Germany-style renewable energy (EEG) feed-in tariffs, as opposed to a European-wide quota model, despite opposition from the EU Energy Commissioner.
Germany: Consensus for fundamental EEG reform
The German Federal Environment Minister wants a fundamental reform of Germany’s renewable energy law, or EEG. His ideas received wide support at a meeting between the German Chancellor, ministers and associations.
Germany hits 32.6 GW cumulative PV capacity
Germany installed 274 MW worth of photovoltaics in January, according to the latest figures from the Federal Network Agency. Overall, the country has a cumulative photovoltaic capacity of 32.6 GW.
Poland: Renewable energy law could be adopted in March
Polands new renewable energy law is expected to be adopted by the government by the end of March. However, due to the EC notification process, it is not anticipated to enter into force until mid-2014. Meanwhile, mandatory certification for imported biomass has been suggested.
Centrosolar aims to reduce debts with far-reaching measures
Centrosolar has indicated that it will employ a series of measures to clearly reduce its debt burden of some 90 million. To this end, jobs will be cut and the companys financing reorganized.
SolarWorld debt negotiations continue
SolarWorld AG is currently under massive debt pressure. To ease the situation, the company is in discussions with banks and bondholders regarding solutions. None have, however, been thus far found.
Germany: Severe renewable energy cuts planned
Germanys Environment and Economy Ministers aim to save over 1.8 billion over the next year. One proposal will see all photovoltaic installations bigger than 150 kW, which are connected to the German grid from August 1, sell generated electricity directly to the market.
Germany: PV storage subsidies expected in May
The new subsidies for battery storage systems will apply retroactively to all photovoltaic systems installed this year and have a maximum capacity of 30 kW. The German Environment Ministry and KfW state bank have not made any official announcements, however, the program is expected to be introduced in the coming week.
