Canadian Solar lowers Q3 guidance
In line with a number of other photovoltaic companies, Canadian Solar has revised its third quarter guidance downwards, due to the continuing flat market.
US solar industry fights for Section 1603 subsidy extension
The Solar Energy Industries Association (SEIA) this week urged the U.S. Congress to approve another one-year extension of the Section 1603 Treasury program, citing a newly released study, which found that a longer program would support the creation of tens of thousands of solar jobs nationwide.
India: First big ticket solar project goes online
Moser Baer has officially brought its 30 megawatt (MW) thin film solar power plant online in Indias Gujarat. Amongst much brouhaha about aggressive bidding, lack of bank financing and the feasibility of solar power in India, the move should silence the sceptics, at least in the short term.
Resale of PV PPAs in India risky
According to new research, there is rising anxiety among photovoltaic project developers, who are looking to sell their power purchase agreements (PPAs) before even starting construction on their projects. The lack of experience of companies operating in photovoltaics has been cited as the main reason.
GE to build 400 MW CdTe thin film factory in Colorado
GE has announced that it will build a new 400 megawatt (MW) cadmium telluride thin film photovoltaic panel manufacturing facility in Aurora, Colorado. Over 450 jobs are expected to be created.
UK: NextEnergy commissions 2 MW PV plant; realigns solar strategy
NextEnergy Capitals two megawatt (MW) U.K. photovoltaic plant has been officially commissioned this week. The European merchant bank has now announced plans to manage and operate a number of other utility-scale projects across the country.
Germany: EEG levy only 0.062 higher for 2012
In Germany, the Renewable Energy Law (EEG) levy will increase next year to 3.592 euro cents per kilowatt hour. Further expansion of renewables is not the reason for the increase; the cause is in fact a new “liquidity buffer”. The buffer was actually supposed to come into effect with the 2012 EEG amendment.
Natcore and MX Holding form JV to boost Italian PV panel producers
U.S.-based Natcore Technology Inc. and the Italian MX Holding S.p.A. are looking to form a joint venture (JV) aimed at developing new technologies for a consortium of Italian photovoltaic panel producers. They will also open a new manufacturing facility.
Solar cell manufacturer Arise Germany announces insolvency
Arise Technologies Deutschland GmbH (Arise Germany) has entered structured insolvency. Failure to secure adequate financing for the development of its solar plans was cited as the primary reason.
SunPower to build 5 MW Hawaiian solar farm
SunPower is set to build a five megawatt (MW) solar farm in Hawaii, after receiving the go ahead from the Hawaii Public Utilities Commission to sell the generated electricity to the Hawaiian Electric Company.
