The funds will be invested in five PV and CSP solar projects in order to strengthen the country’s domestic solar manufacturing and speed-up commercialization of new technology.
The Chinese company, which will continue to supply Conergy with modules, says the “made in Germany” label offers quality and security for its long-term investment.
Constant pan-European meddling at government level has undermined many European PV markets, says the report, harming confidence and putting government credibility at risk.
The German developer has had its BB+ credit rating suspended. The move comes after Friday’s loss of a major project development contract.
French electricity utility EDF’s renewables arm has signed a JV with Indian solar company Acme. The Acme Solar JV is aiming to develop an initial portfolio of 200 MW in the country.
The Chinese manufacturer says the 8.7 MW project in Durango is just the first phase of an eventual 200 MW ‘mega-project’. The Durango project is expected to open in the first quarter of 2014.
A newswire story reporting the development quotes an Heraeus VP talking of Singapore’s ‘lean management’ benefits. The report claims Heraeus’ Hanau unit will focus on technical service and operations.
Chinese module maker Trina welcomes the EU anti dumping and anti subsidy decision. Trina is one of the signatories to the deal thrashed out by Karel de Gucht.
German law firm Rödl & Partner has pointed out importers will be liable to pay duties on any Chinese-made mislabelled solar products. The warning follows last week’s definitive EU verdict.
Chinese manufacturer Renesola has taken a $195 million hit on the closure of its out-of-date poly production line in Sichuan. The company will buy-in polysilicon to feed rising shipments.
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