Italys MX Group selected as contractor for 1 GW Serbian solar farm
Italian photovoltaic panel manufacturer, MX Group has been awarded the exclusive EPC contract for the design and construction of a one gigawatt (GW) solar farm that will extend over an area of 3,000 acres in Serbia.
Australia: BP Solar withdraws from 150 MW project
Details have emerged today that BP Solar will withdraw from the consortium that was successful in bidding to install the Moree Solar Farm, under a Government solar program. The photovoltaic power project is partly Government-funded and is be 150 megawatt (MW) in capacity.
Germany unveils radical new FIT strategy
As was reported yesterday, Germanys politicians have made some serious changes to the countrys pioneering feed-in tariff (FIT) scheme. Specifically, a one-off cut will be applied in March, monthly tariff reductions will begin in May, the maximum size of photovoltaic plants that can receive a tariff has been capped, and just 85 to 90 percent of solar energy produced will receive support.
PV tracker system revival to boost BoS revenue growth
New research has found that although balance of systems (BoS) revenues are forecast to fall in 2012 due to price erosion, they will increase over the next four years to hit US$24 billion in 2016. Meanwhile, tracking systems are expected to represent the biggest growth segment.
Storage: Investment in CRES systems to hit $4.2 billion through 2022
Pike Research has announced that investments in community and residential energy storage (CRES) systems will increase to more than US$4 billion in the next decade.
JinkoSolar opens module testing lab
China-based JinkoSolar has opened a “cutting edge” photovoltaic module testing laboratory in Chinas Jiangxi. The manufacturer aims to conduct test programs independently.
Germany plans PV cuts of over 30 percent
According to initial media reports, Germanys politicians want to implement sharp cuts, earlier than scheduled, to its photovoltaic subsidies. Furthermore, the guaranteed tariff should be limited at 90 percent. The ministers will, however, officially present their plans tomorrow.
Poor PV demand and declining European share set to continue into 2012
Analysts at Jefferies have painted a poor picture for photovoltaic demand during the first quarter (Q1) of 2012, and “very real demand concerns” for the whole year. Overall, they expect European and global demand to fall by 42 percent and 10 percent, respectively. However, it is believed that 2013 will see a market revival.
UK firm expands pay-as-you-go solar
Cambridge-based Eight19 today expanded its pay-as-you-go solar system into the worlds youngest country, Sudan. The company hopes to deploy 1,000 of its solar module, battery, light and phone charging systems to rural villages in the Nimule region.
7.5 MW PV plant in Thailand online
Work has been completed on a 7.5 megawatt (MW) photovoltaic park, located in Thailands Dan Khun Thot district, in Nakhon Ratchasima province.
