Centrotherm looks forward to terminating insolvency proceedings
Centrotherm photovoltaics AGs insolvency plan has been approved, meaning the German company can now look forward to terminating its insolvency proceedings, pending final confirmation.
SolarWorld CEO buys castle
Frank Asbeck would often like to be referred to as the sun king in the solar industry. While his photovoltaic group grapples with its debt issues, the CEO has bought a castle in Germany from entertainer Thomas Gottschalk.
France reports 66.7% increase in solar power generation
According to the 2012 French Electricity Report published last week by France’s transmission system operator Réseau de Transport d’Electricité (RTE), photovoltaic systems generated 4 TWh lat year. This figure corresponds to a 66.7% increase in solar power output compared to 2011.
Germany: Altmaier presents concept for short-term EEG changes
Germany’s Federal Environment Minister has presented his concept for “electricity price protection”. Altmaiers aim is to limit the energy transition cost and, thus, set the stage for photovoltaic, wind and biomass cuts. The amendments are expected to be passed before the summer break.
India: Solar pros and cons from austerity drive
With an austerity regime in full swing in India, attempts to trim the national deficit which looks set to fall short by some margin are set to be a double edged sword for solar.
Latin America: A PV opportunity in 2013
With 8.4 GW of new solar projects announced in Latin America and the Caribbean over the past 12 months, market research provider GTM Research is predicting that 450 MW of new grid connected capacity will come online this year.
Crowdfunded project launched in Galápagos
A public funding campaign has been launched for a 300 kW photovoltaic power plant on the San Cristóbal Island in the iconic Galápagos archipelago.
SolarWorld seeks to refinance debt mountain
SolarWorld AG, Germany’s leading solar panel producer and the manufacturer most active in petitioning the EU and U.S. authorities to bring anti-dumping duties against Chinese imports, is seeking to restructure its debt pile.
South and Central America set for growth
Countries like Mexico, Chile, Argentina and Brazil are set to see growth in renewables, however thermal energy sources are still going to make up supply shortfalls.
PV installations up in 2013 as revenues fall
There were mixed messages in the latest solar white paper from market research company IHS iSuppli, with predictions that a rise in global installations in 2013 will go hand-in-hand with falling revenues.
