The U.S. Department of Energy has issued a plan to slash the soft costs of solar by 2020. The new reports focuses on the non-hardware costs of residential and small commercial projects, but makes no mention of company profits.
Trina Solar has partnered with Dutch developer Oskomera Solar Power Solutions to construct a 10.97 MW ground-mounted PV plant in North Norfolk, UK.
Spain’s PV industry body UNEF says generators will lose a fifth of the payments they could have expected from 2010 to 2020. The reductions are part of the Madrid government’s determination to reduce renewables subsidies.
U.S.-based financial investor Kawa Capital Management will be taking over Conergy sales and service units in Germany, Italy, the U.K. and Australia. This acquisition is expected to secure 350 jobs.
According to analysts at Lux Research, the SunShot program’s target of “$1/W installed by 2020” set by the U.S. Department of Energy will probably not be met. Installation prices today are still two to four times the target.
Turnkey services provider Phoenix Solar will develop a 1.2 MWp rooftop installation for CMM Marketing Management, a wholly-owned subsidiary of Sheng Siong, the third largest supermarket chain in Singapore.
A new world record efficiency for solar sunlight conversion has been set by a cell structure with four solar sub-cells. The solar cell has managed to hit a new record efficiency of 44.7% and is the brainchild of researchers from the Fraunhofer Institute for Solar Energy Systems ISE, Soitec, CEA-Leti and the Helmholtz Center Berlin.
First Solar has commenced construction at its third project in Californias Imperial Valley. The 150 MW Solar Gen 2 project is expected to be completed by July 2014.
The Indian government has announced plans to build the worlds biggest solar power plant, in the Rajasthan province. While huge, at 4 GW in total capacity, the projects timeline is a long one.
A 64 MW scheme in the Dominican Republic is the country’s first solar park. German developer Wirsol said the Republic’s president personally selected it to plan the project in Monte Plato province.
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