Proposed PV FIT shake-up causes aftershocks in Germany
In its efforts to make a quick course correction, the German ship of state may inadvertently be navigating into turbulent straits that could capsize its own solar industry. At particular threat are the module manufacturers. The residential market segment is also expected to contract significantly
China: Gigawatt plans for Suncores new CPV facility
Suncore Photovoltaics commenced production of its concentrated photovoltaic (CPV) modules in Chinas Huainan at the end of February. A spokesperson provides further details on capacity ramp ups and funding.
First Solar to construct 26 MW Arizona PV plant; sells 2 projects
U.S.-based First Solar Inc. has been selected by NRG Energy Inc. to build the 26 megawatt (MW) Avra Valley solar plant, located near Tucson, Arizona. In other news, NextEra Energy Resources has acquired two projects from First Solar.
Suntech hits 20.3 percent cell efficiency
Using its proprietary Pluto technology, Suntech says it has achieved 20.3 percent efficiency on a photovoltaic cell. More advancements are expected in the next few months.
North Carolina PV systems achieve grid parity
According to a new study, many photovoltaic systems bigger than 10 kilowatts (kW) achieved grid parity with commercial retail electricity prices in 2011. This has resulted in a spike in projects and, thus, jobs. Both declining costs and the states favorable policies are said to be driving growth.
Solopower searches for staff for new US fab
As some companies layoff staff in an attempt to contain costs, U.S. flexible CIGS manufacturer, Solopower is searching for staff for its Oregon fabs expansion.
First Solar responds to concerns over higher warranty rates for hot climates
Photovoltaic module manufacturer, First Solar has caused a stir in the thin film industry, after its CFO stated that its warranty rates for hot climates were higher. While concerns have been raised, the company has played the issue down to pv magazine.
FRV and Denham Capital to invest $190 million in solar projects
Spanish company Fotowatio Renewable Ventures (FRV) and private equity firm, Denham Capital, have formed a partnership under which they will invest US$190 million in solar projects across a number of different global regions.
Premier Power and Chaori plan 3 PV projects in New Jersey worth $27.6 million
Premier Power Renewable Energy and Chaori Solar USA have signed a US$27.6 million agreement, under which they plan to develop utility-scale power plants in the U.S.
Trade rout: CVD act passed by US Congress fuels rivalry with China
Capitalism prevailed over party politics this week, as the U.S. Congress moved swiftly to pass legislation that would enable the Department of Commerce to continue applying countervailing duty (CVD) law to non-market economies (NMEs), such as China and Vietnam.
