Greece brings new retroactive measures; cuts FIT by 30%
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%.
Positivity reigns at Power & Electricity World Africa 2014 show
The time is ripe for more solar in South Africa this was the message sent out on the first day of the show.
Chaori default yet to hit Chinese rivals
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.
Japanese FIT cut nears
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.
Yingli announces largest Middle East supply deal
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.
Sun setting on European solar
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.
GCL-Poly signs 9.3 GW supply deals
The Chinese poly manufacturer will supply wafers and poly materials to Jinko Solar, GD Solar, Tongwei Solar and Hareon Solar over two years.
Trina announces sale of first large scale project
The 50 MW project in Wuwei, Gansu province, is proof of Trina’s downstream expertise, says CEO Jifan Gao. Trina oversaw every stage of the Wuwei project.
Indosolar seeks second round of debt restructuring
India’s largest solar cell manufacturer blames low cell prices for continued idling of one of its manufacturing plants.
Chaori Solar confirms historic default
The Shanghai manufacturer has reportedly confirmed its default on a $15 million interest payment to Chinese bondholders. The development comes despite the company’s presence on the Chinese government’s list of favored companies.
