New data has revealed that solar installers in the U.S. are being slowed down by red tape, which is pushing up the installed price. The survey data was collected by solar financers Clean Power Finance, which gathered responses from installers across 12 states.
According to the latest figures from Wiki-Solar, utility-scale photovoltaic installations have reached 8.5 GW this year, thus more than doubling the 2.3 GW recorded in 2011.
A second commercial scale community solar project has been launched in Australia. The 400 kW rooftop installation will be installed in Sydney and is being organized by Embark.
Along with all producers of electricity in Spain, owners of solar power plants will have to pay an energy tax of 7% on top of their feed-in tariffs. The Spanish industry expects an increase of bankruptcies on the back of the news.
Indications are that renewable energy investments will fall in 2012 for the first time in 8 years. However, the news is not all bad, says Ernst & Young, with continuing capacity additions and “booming” emerging market activity. In particular, the South African and MENA regions are displaying strong growth.
Photovoltaic module and balance of system component suppliers are expected to see increased revenues in Q1 2013, ahead of changes to the U.K.s renewable obligation certificate (ROC) scheme.
Over 70 solar companies and associations have written an open letter to European Energy Commissioner, Günther Oettinger, calling for action to be taken against those member states which introduce retroactive changes to renewable energy support schemes.
The two Taiwanese companies have today approved the second stage of their merger which, when complete, will see the countrys largest solar company formed. A shareholders meeting will be held in February to finalize the transaction.
Research from Wiki-Solar has found that the most successful module providers to utility-scale photovoltaic plants are developing their own projects to accommodate their products.
Falling prices and consolidation will remain in 2013, predicts IHS. Despite this, photovoltaic installations are expected to grow, the demand-supply balance is likely to be restored and China is set to become the biggest global solar market. Overall, the research company has laid out 10 predictions for the coming year.
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