Italian renewables provider Enel Green Power’s consolidated results for 2012 paint a picture of growing revenues and profits coupled with a growing debt pile.
Chinese photovoltaic project developer Sky Solar has connected the first 30 MW of a 200 MW solar park in Xinjiang Province, as well as securing funding for three projects in the Czech Republic.
Its okay to blink. Most of the solar market is going nowhere fast at least, nowhere that the risk-averse investor would want to be. The sector remains a challenging place to do business, as long as subsidies continue to shrink worldwide and panels remain plentiful. There are, however, some interesting opportunities, both downstream and (surprisingly) online.
Finnish company Cencorp Corporation has bucked the global trend of PV manufacturers by announcing its intent to start a production line in Europe.
Germanys Federal Network Agency has again at the last minute released the latest photovoltaic installation figures and feed-in tariff (FIT) reductions. While last December saw just 330 MW of new plants added, a new installation record was seen in 2012. Meanwhile, FITs will drop 2.2% over the next three months.
Germany’s Federal Environment Minister has presented his concept for “electricity price protection”. Altmaiers aim is to limit the energy transition cost and, thus, set the stage for photovoltaic, wind and biomass cuts. The amendments are expected to be passed before the summer break.
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