Germany-based Photovolt Development Partners has unveiled a photovoltaic pipeline worth 925 MW (DC) in Japan. Completion is scheduled for between 2014 and 2015. The company is also planning to install 110 MWp in Israel and 35 MWp in Mexico.
JinkoSolar Holding Co., Ltd has signed a module supply agreement with a South African developer to deliver 115 MW for two photovoltaic plants.
Germany managed to export more power in 2012 than it has in the last five years. With a net surplus of 22.8 terawatt-hours (TWh), the exported amount of energy was four times as much as that in 2011. This data was released by the Federal Statistical Office in Wiesbaden in Hesse.
Chinas Suntech Power Holdings collapsed under the weight of its own inventory in March, leading to weeks of volatility in the solar equities market in New York. German companies have also seen stocks suffer a shaky month. Overall, it is forecast, focus will be placed on First Solar, SunPower and MEMC/SunEdison in the coming months.
8minutenergy Renewables, LLC and Saferay, Inc. have signed a 20 year PPA with Southern California Edison (SCE) to sell the energy generated from their proposed Redcrest Solar Farm project.
Speculation that SolarWorld may receive a three-digit million investment from Qatar saw the German photovoltaic companys stock temporarily jump. It has failed to respond to the rumors.
Overall, the Conergy Group managed to reduce its 2012 losses, albeit slightly. Sales are expected to considerably improve in 2013. Meanwhile, business in Asia and the U.S. is forecast to significantly grow, and Eastern Europe should open up as a promising new export market.
GT Advanced Technologies (GTAT) and Powertec Energy Corporation have signed a memorandum of understanding under which Powertec will purchase polysilicon technology and equipment. The Taiwan-based company aims to reach a capacity of 27,500 MT of polysilicon production annually.
Phoenix Solar AG expects to see “slight” growth in 2013, on the back of marginally improved 2012 financials. The U.S. and Asia are key growth regions for the German photovoltaic company, which recorded sales decreases of more than 50% last year.
While some firms along the photovoltaic supply chain scale back production and even shutter fabs, Dow has announced this week the start up of a new line for its Enlight polyolefin encapsulant film in Germany. The line will supply the European market, complementing production facilities in Asia and North America.
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