Swiss giant ABB expands inverter production in South Africa
ABB is expanding operations in South Africas booming photovoltaic market with plans for a new inverter production line with a capacity of 500 MW a year.
China Sunergy opens PV module factory in Turkey
China Sunergy Co. (CSUN) has opened a photovoltaic module manufacturing plant in the Trade Free Zone of Tuzla, in the outskirts of Istanbul, Turkey.
Downstream activity heats up "south of the border"
Photovoltaic project developers Gehrlicher Solar and Martifer Solar have both signaled their continued expansion into Latin America today, with increased activity in Mexico. Gehrlicher has announced that it is opening an office in Mexico City, to develop projects in Mexico, and Martifer has announced at 30 MW project in the country also.
Japan to offer loans for rooftop PV generation
In its efforts to boost solar power in the country, the Japanese government is set to offer low-interest loans to companies that install rooftop solar power systems.
Brazil receives request for 392.4 MW of PV
Thirteen requests for regulatory authorization to develop and operate photovoltaic plants worth a total of 392.4 MW have been received last week, according to Brazil’s national electricity regulator.
Spain: Renewable energy premium payments rise by 19% in 2012
Premium payments in the entire renewable energy sector in Spain were 19% higher than envisaged in the 2012 outlook, while the total compensation in the photovoltaic sector in 2012 was close to the original forecast.
Lux Research sees doubling of PV market up to 2018
Boston based analysts Lux Research has announced that the solar sector is on the recovery path, set to reach a worth of US$155 billion in 2018. The industry is expected to ramp up rapidly to 61.7 GW market size in 2018 after modest growth to 35 GW in 2013. This is according to the “most-likely scenario” put forth by the analysts. China is set to leapfrog to become the largest market.
Chinese court sides with Canadian Solar in contract dispute with LDK
In a legal win for Canadian Solar Inc., a Chinese court has dismissed a request by LDK Solar to enforce an arbitration award decision by a state trade arbitration commission amounting to CNY 248.9 million ($40.1 million, 31.5 million) in connection with a contract dispute between the two companies.
Siemens study shows Europe can save billions in renewables pursuit
Power generation solutions provider Siemens has released a study analyzing electrical power producing systems, especially renewable power plants, in Europe, and has identified the potential for optimization. Project siting has been cited as the key factor to reap savings; savings to the tune of 45 billion.
U.S. added 33 MW of new solar in April
17 MW Yuma project the pick of nine new and expanded solar installations as U.S. reaches a cumulative 5.14 GW of generation capacity.
