Following the introduction of a new energy tax at the beginning of 2013, photovoltaic producers are now faced with more feed-in tariff (FIT) woes.
The Ukrainian government has officially adopted reduced tariff rates for photovoltaic systems. Consequently, all systems put into operation from April 1, 2013, will see tariffs decrease by between 16 and 27%.
The Cypriot Ministry of Commerce, Industry and Tourism has announced the results of its online tender with regards to the licensing of photovoltaic parks in the Republic of Cyprus.
The U.S. Department of Energy’s SunShot solar initiative has awarded another $9 million of funding to seven data projects.
According to the terms of the proposed PPA for the 50 MW Macho Springs solar park in New Mexico, First Solar would be selling the energy generated by its thin film modules for a record low price for the technology.
Geenex has said it intends to invest at least US$500 million in photovoltaic projects in the U.S. over the next five years. The first project is slated to be 50 MW in size.
Phoenix Solar has completed the design and installation of a 3.5 MW photovoltaic park in Saudi Arabia. It is said to be the largest plant of its kind in the region.
Photon Energy Investments N.V. has unveiled an almost 127 MWp pipeline, which it intends to roll out across five countries. The company hopes to raise 40 million in bonds to “kickstart” the projects.
1366 Technologies has officially opened its new US$6 million 25 MW solar wafer manufacturing facility in Massachusetts. Up to 100 people are expected to be employed there.
Germanys Federal Network Agency has again at the last minute released the latest photovoltaic installation figures and feed-in tariff (FIT) reductions. While last December saw just 330 MW of new plants added, a new installation record was seen in 2012. Meanwhile, FITs will drop 2.2% over the next three months.
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