Finance

The German solar company today takes ownership of the cell and module factory, increasing the company’s cell production capacity to 700 MW.

Green Energy Technology, Motech and Neo Solar Power Corp. all post buoyant performance figures for February.

After a prolonged delay, the Greek government published anticipated new retroactive measures last Friday. On average, the new measures slash FITs of operating PV plants by 30%.

The time is ripe for more solar in South Africa – this was the message sent out on the first day of the show.

The Swiss power systems giant is already seeing a return on its purchase of Power-One in July. ABB claims to be the world’s second largest solar inverter manufacturer.

There was no sign of the rout from Chinese shares predicted by some commentators after Chaori Solar’s default was confirmed on Friday. Any hangover from the weekend should be noticeable when the U.S. exchanges open this afternoon.

The rate paid to commercial generators is set to fall JPY4/kWh at the end of the month. A reduction in the rate of FIT payments had been widely predicted.

The Chinese module manufacturer will supply 27.5 MW of its panels to an unnamed national infrastructure project in Israel. Yingli says Israel could install 340 MW of solar this year.

The latest EPIA figures paint a grim picture of the European solar market. But outside the volatile German and Italian markets, installations in Europe stabilized at 6 GW last year.

The Chinese poly manufacturer will supply wafers and poly materials to Jinko Solar, GD Solar, Tongwei Solar and Hareon Solar over two years.