China dropped import duties and value-added tax (VAT) for a variety of equipment, including for solar cells and lithium-ion batteries on April 1, thus sending a “positive signal” to the China-Europe trade negotiations.
Chinas Suntech Power Holdings collapsed under the weight of its own inventory in March, leading to weeks of volatility in the solar equities market in New York. German companies have also seen stocks suffer a shaky month. Overall, it is forecast, focus will be placed on First Solar, SunPower and MEMC/SunEdison in the coming months.
Germany added 211 MW of new photovoltaic capacity in February across more than 8,300 systems. The largest solar park, with a capacity of 8.2 MW, is located in Brandenburg, near the capital, Berlin.
Led by large-scale installations, photovoltaic demand in Emerging Asia Pacific and Central Asian (EAPCA) countries is forecast to grow 28% annually to reach at least 3 GW by 2017, according to NPD Solarbuzz.
The Japanese government has approved a 10% cut to photovoltaic FITs. As such, from April 1, tariffs have been reduced to JPY37.8/kWh (US$0.40) down from JPY42/kWh (US$0.45).
The New York State Energy Research and Development Authority (NYSERDA) awarded US$46 million for 76 large-scale projects totaling 52 MW of new photovoltaic capacity.
According to the latest figures, Greece added 234 MW of PV capacity in February. Meanwhile, a joint declaration of intent has been signed between Greece, Germany and the EU aimed at reforming the countrys renewable energy industry.
American thin film producer First Solar has announced the acquisition of the 150 MW Imperial County Solar Plant. It is expected to be completed in 2014.
Overall, the Conergy Group managed to reduce its 2012 losses, albeit slightly. Sales are expected to considerably improve in 2013. Meanwhile, business in Asia and the U.S. is forecast to significantly grow, and Eastern Europe should open up as a promising new export market.
The first photovoltaic projects under the Philippines long-awaited FIT program are set to be completed in 2014. The AFP are reporting that a government official has confirmed that the first photovoltaic installations will be between 3 5 MW.
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