Chile: Agreement for 100 MW plant in the Atacama desert
SunEdison and Chilean mining and steel group CAP have signed an agreement to develop a 100 MW PV power plant in the Atacama desert.
Japanese solar companies set to visit New Delhi
With foreign solar companies keen to enter the Indian market despite strict photovoltaic cell and module local content requirements, consultancy Bridge to India has arranged for prominent Japanese companies to meet with domestic photovoltaic developers.
Solar market remains 'stock-still'
Its okay to blink. Most of the solar market is going nowhere fast at least, nowhere that the risk-averse investor would want to be. The sector remains a challenging place to do business, as long as subsidies continue to shrink worldwide and panels remain plentiful. There are, however, some interesting opportunities, both downstream and (surprisingly) online.
Japan: Solar helps Panasonic trim costs
Electronics giant Panasonic has released its consolidated figures for the last three quarters of 2012, noting a fall in demand for photovoltaics and lithium-ion batteries in Europe.
Finland: Cencorp to open Finnish module production line
Finnish company Cencorp Corporation has bucked the global trend of PV manufacturers by announcing its intent to start a production line in Europe.
LDK Solar receives CBD loan for polysilicon upgrade
The China Development Bank Corporation (CDB) has approved a RMB 440 million (around US$70.7 million; 52.2 million) loan, which will be used towards a technology upgrade at LDK Solars Mahong Polysilicon Plant.
Credit Suisse provides $40 million loan to Canadian Solar
Credit Suisse has said it will provide Canadian Solar Inc. with a US$40 million loan. The funds will be used to acquire photovoltaic projects in Canada.
Germany sets new PV installation record in 2012
Germanys Federal Network Agency has again at the last minute released the latest photovoltaic installation figures and feed-in tariff (FIT) reductions. While last December saw just 330 MW of new plants added, a new installation record was seen in 2012. Meanwhile, FITs will drop 2.2% over the next three months.
Asola Solarpower applies for self-administration insolvency
Asola Solarpower GmbH has submitted an application to the local court in Erfurt, Germany to open insolvency proceedings under self-administration. A part of its restructuring plan is to find interested investors.
Solar Bankers plans 300 MW production of its new concentrated solar module
U.S.-based Solar Bankers LLC and Germanys Apollon GmbH & Co. KG have unveiled a new concentrated solar module using holographic foil, which they claim can be produced at costs lower than other manufacturers. They aim to establish 300 MW of production capacity in 2013.
