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.
EU electric vehicles plan could lift solar sector
The European Union could be poised to give its ailing solar sector a welcome shot in the arm in the form of its proposed clean fuel strategy.
Global smart grid investment to double by 2018
Global smart grid investment grew 7% in 2012 to US$13.9 billion, according to figures from Bloomberg New Energy Finance.
Debt-ridden LDK sells off another 12% stake
The carve-up of debt ridden LDK Solar continued with the disclosure yesterday that the British Virgin Islands-registered Fulai Investments Ltd has paid US$31.1 million for a 12% stake in the ailing Chinese manufacturer.
