Romania to cut green certificates
The Romanian government has approved legislation that will severely cut PV incentives for investors. Critics say the move could lead to a halt in foreign investment for the country’s solar market.
Isofotón seeks to restructure 284 million debt pile
Spanish solar group Isofotón filed for restructuring legal proceedings this week in the face of 284 million ($372 million) in liabilities. The company is hoping to reach an agreement with creditors and implement a debt-for-equity plan.
Polysilicon prices set to rise, but just a bit
Chinas expected move to impose anti-dumping tariffs on polysilicon from the EU, the U.S. and South Korea will result in price hikes, but increases will be minimal and manageable, according to research group IHS.
Mixed reactions from the industry on anti-dumping duties [updated]
The European Commission announced its decision to push forth with the anti-dumping duties on Chinese PV imports into Europe yesterday (Tuesday) despite the wide opposition across the solar sector and the EU member states. 11.8% has been set as the start point and this will increase to 47.6%. Some applauded the decision while for others the alarms went off.
Mercoms quarterly report examines venture capital, market trends
Mercom Capital Group newly published Quarterly Solar Funding and M&A Report details the latest developments and trends in the photovoltaic market.
EU import tariffs of up to 67.9% as of August
The European Commission released further details today on the import tariffs on Chinese crystalline photovoltaic imports it announced on June 4.
TOP NEWS: EC imposes 11.8% anti-dumping duties on Chinese PV imports
The European Commission imposed punitive anti-dumping duties on Chinese PV imports to Europe on Tuesday despite broad industry-wide opposition. The industry expresses its views to pv magazine.
Centrotherm out of insolvency
Centrotherm Photovoltaics AG has received a new lease on life after a German court approved the companys debt-for-equity plan, which will save some 900 jobs.
AFASE starts petition against import duties; EU ProSun responds [updated]
The Alliance for Affordable Solar Energy (AFASE) is now gathering signatures against the impending EU anti-dumping duties on Chinese solar modules. This petition is a last minute attempt to stop the penalties. EU ProSun has now released a statement calling the action a “panic-maker”.
After a month of knee-jerk trading, investors and analysts await EU tariff decision
In May, the New York solar equities market took a page from the parable, “The Emperors New Clothes.” While investors reacted swiftly to favorable company reports – propelling those stocks prices higher (as in the case of JA Solar) and taking others along for the ride – analysts examining the fundamentals saw little or nothing to recommend.
