Storage subsidy will energize German battery uptake
Consultancy IHS says the German government’s energy storage subsidy will do for batteries what FiTs did for PV eight years ago but interested homeowners need to move fast.
Positive sales figures thanks to antidumping measures, says Isofoton
Spanish solar cells and modules producer Isofoton has seen an increase in European orders for its modules since early August. The company has cited the antidumping measures as having boosted the sales figures.
Punjab plans 700 MW-1 GW plant
The Punjab Energy Council has reportedly approved the large scale Quaid-e-Azam scheme. The solar plant project will be headed by Punjab chief minister Muhammad Shahbaz Sharif.
Solon installs Bucharest's largest rooftop system
A Bucharest logistics center will house a 2.2 MW system comprised of almost 9,000 Solon 220/16 modules which are set to be installed in just seven weeks.
Czech lower house votes through end to FiT payments
The lower house voted through an anti-subsidy bill and retroactive tax before being dissolved in the wake of the corruption scandal that brought down Petr Necas’ government. The upper house will consider the bill later this month.
Suntech: Restructuring process moves forward
Photovoltaic module producer Suntech Power Holdings held productive discussions with key stakeholders in China last week to discuss the restructuring of the debt-ridden company. Suntech has reached an understanding with its creditor working group led by Clearwater Capital Partners and Spinnaker Capital Limited.
US to supply 20% of global solar demand to 2018
A 44 GW solar pipeline means the U.S. will supply 20% of global solar demand up to 2018, according to NPD Solarbuzz. The solar consultancy says California installed a state record 521 MW of PV from April to June.
REC shareholders to vote on new convertible bond
Rebellious REC shareholders will vote on a proposed $110m bond on Wednesday with a more controversial vote over splitting off the downstream solar business looming later in the month. REC wants to separate its module and silicon manufacturing businesses.
PV recycling group opens German operation
PV Cycle Deutschland will be based in Munich. After February, German PV importers and manufacturers must treat PV waste, under EU legislation.
Uzbekistan plans first solar plant
The former Soviet republic of Uzbekistan is planning a $207m 100 MW solar plant in Samarkand. Construction is expected to start early next year.
