Clenergy has announced it will develop 300 MW worth of photovoltaic power plants in Chinas Lijiang city by the end of 2015 together with CGN Solar Energy.
An autonomous community of western Spain, Extremadura has received an official proposal to build a 250 MW photovoltaic plant in the Royanejos municipal.
Germany will launch its support program for photovoltaic battery storage systems on May 1. Funding totaling 25 million will be available in the first year from German state bank KfW.
Japanese thin film producer Solar Frontier has announced a milestone module efficiency during Thin Film Week in Berlin. Speaking at the Thin Film Forum, head of product management, Ichiro Sugiyama, said that a champion module with 177W rolled off its production lines at its 900 MW Kunitomi plant.
Austria started its subsidy round for PV power plants on Friday. A total budget of 36 million has been set aside. With this budget more than 24,000 power plants with a total capacity of 115 MW are expected to be developed.
The first phase of a 35 MW photovoltaic facility has been dedicated by the Arizona Public Service Co. and AMEC. It is the fifth such facility to come online under the AZ Sun Program.
The Asian Development Bank has announced it will make US$85 million available for the construction of three photovoltaic projects in Thailand, worth 57 MW.
In a bid to persuade lenders to cough up more cash, ReneSola has launched a Bankability Book which, it says, provides a “comprehensive guide” to its business, and will help European and U.S. businesses, in particular, secure financing faster.
PV manufacturer Solen was unable to repay the interest on a loan within the stipulated time period. Two meetings with creditors to decide on a moratorium failed, due to the lack of interest and participation. The board is left with the sole decision to head to the district court.
Despite the declining market share of thin film technologies in global photovoltaics, as the market emerges from the current downturn, opportunities will present in various niches. This was one of the key messages delivered by speakers at the Thin Film Industry Forum, held today in Berlin.
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