Solarpack Corporación Tecnológica is currently seeking financing for 26 MWp of photovoltaics in Chile. The Spain-based company is hoping to secure US$21 million of the $80 million investment required from the Inter-American Development Bank (IADB).
Germany-based S.A.G. Solarstrom AG has unveiled a joint venture (JV) with Spanish companies Valsolar 2006, S.L. and Cavalum SGPS, S.A. under which they will develop a 440 MWp photovoltaic project.
Although off-grid photovoltaic technology still represents a relatively small market segment in the solar industry, for many, the technology has become vitally important. At the second Off-grid Experts Workshop organized by Phaesun, numerous specialists met in order to discuss the newest concepts.
Germany-based Bisol Group will install a 2 MW photovoltaic plant in Kazakhstan. When complete, it will be the first project of its kind in the country.
Russia is gearing up to introduce its first solar support program. While the details have still to be worked out, it is expected that an auction system will be employed in Q2 2013.
Media has reported that India is expected to launch an anti-dumping investigation into imports of photovoltaic modules into the country. According to the Indian Ministry of Commerce, the Indias solar manufactures have called for anti-dumping duties as high as 200%. Bridge to India reports on the situation.
Spain-based T-Solar has announced 55 MW of new photovoltaic projects in the U.S. and Puerto Rico. Meanwhile, it is scheduled to bring 44 MW online in Peru.
Polands Ministry of Economy has published a third draft of its Renewable Energy Sources (RES) Act, which is scheduled to come into play on January 1, 2013. Under the changes introduced, photovoltaics will see reduced remuneration for larger installations. Meanwhile, a cap has been placed on support for systems over 10 MW.
In a positive announcement, the French government has said a feed-in tariff (FIT) bonus of 10% will apply to photovoltaic rooftop systems, which have been manufactured in Europe. Furthermore, tariffs for eligible systems will be boosted by 5%.
The latest figures from IMS Research indicate that China will see newly installed photovoltaic capacity reach 5 GW by the end of 2012. While the market has seen a slow start, it predicts an enormous end of year surge.
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