The pv magazine weekly news digest
How the incompetence of politicians gave the world large scale PV and Angela Merkel says it is time for a ‘respite from solar’, Germany’s gift to the world, but developers who head to Greece will have all their prayers answered, as long as they vote for the right party.
Hanwha SolarOne strikes 50 MW solar DG deal in China
The Chinese solar manufacturer has signed a cooperation agreement to develop distributed generation projects in the country’s Guangxi region.
India plans $25bn renewables investment funds
Business website outlines plans for state-owned bodies to create five $5bn funds. Government-owned institutions concerned yet to comment on investment plan.
Tea party and environmentalists unite in Florida
Republican launches petition to open up power sale market in the state. Tory Perfetti wants solar system owners to be able to sell power directly to consumers.
China Sunergy could lose NASDAQ listing
Xinjiang manufacturer warned over missing filing. Company has until March 9 to persuade New York exchange it will submit form.
The pv magazine weekly news digest
Big predictions, the U.S. public embraces solar, which is likely to come more and more from China, the Indian government punishes lack of punctuality and there’s some positive news from Egypt.
TerraForm buys 26 MW of DG solar plants from SunEdison
SunEdison has unloaded 21 distributed generation solar plants to its yieldco subsidiary for $47 million. TerraForm expects $5 million in annual “cash available for distribution” from the assets.
Germany: Innotech Solar buys Energiebau
Saved from insolvency, the German solar wholesaler will now offer Innotech product while continuing to sell other PV modules. The company says it is nevertheless reducing its product portfolio in order to adapt to current market conditions.
Canadian Solar sells utility solar plants to RET Capital
The Ontario-based solar company oversaw turnkey engineering, procurement and construction and will also provide operations and maintenance services for the projects.
India blacklists two domestic solar companies
Veddis Solars, one of the companies on the blacklist, is challenging the decision in court. The Ministry of New and Renewable Energy says the move is related to delays in carrying out tendered projects.
