Italian investment gives Suntech a $60 million headache
Chinese photovoltaic module giant Suntech has dropped something of a bombshell in its preliminary Q3 figures, out last Friday, with the revelation that its Italian troubles will force it to reissue its consolidated financial statements for 2010 and 2011.
Lawyers to challenge backdated tax on solar in Greece
A group of international renewable energy investors are questioning the legality of the imposition of retroactive taxes on renewable electricity generation plants in Greece with a view to lodging a formal complaint with the EU.
A look inside India's Solar Mission phase 2
Hari Manoharan, a consultant with RESolve Energy Consultants tells pv magazine why the Jawaharlal Nehru National Solar Mission should be considered a success and why the domestic content requirement is likely to remain.
Andhra Pradesh invites bids for 1 GW of solar installations
The lowest common denominator nature of the Indian method of calculating solar tariffs will see domestic developers win the contracts to develop photovoltaic plants in the latest state to announce details of its auctions Andhra Pradesh, according to consultancy Bridge to India.
1.11 MW Nevada PV system unveiled
Nevada’s largest private school Faith Lutheran Middle School & High School is now home to a 1.11 MW PV array. More than 4,000 PV panels were delivered by SolarWorld.
India: Tamil Nadu opens tenders
The Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) released tender documents this week. While a 1 MW minimum capacity has been set for projects, no upper limit has been identified.
Prices will continue to fall for the next three months IHS iSuppli
Global photovoltaic market analysts IHS iSuppli have been predicting for some time that the emerging markets categorized as ‘rest of the world’ in its figures will lead the anticipated upsurge in demand to drive the solar industry from 2013 onwards.
JinkoSolar signs US$1 billion agreement with China Development Bank
JinkoSolar’s Swiss subsidiary JinkoSolar AG has entered into a strategic cooperation agreement with the Guangdong Branch of China Development Bank (CDB).
Update: Photon investigated for "delayed filing of insolvency"
Evidence is mounting that Photon Europe is insolvent. The department of public prosecutions in Germany’s Aachen, where Photon is based, has instigated preliminary proceedings against Photon Europes head for “delayed filing of insolvency and other offenses.” pv magazine has confirmed this with the public prosecutor’s office.
Phase two of Indias Solar Mission
A draft version of phase two of Indias Jawaharlal Nehru National Solar Mission (JNNSM) has been released, targeting 9 GW of grid connected solar by 2017. The draft proposes reverse auctioning 1.65 GW of photovoltaic projects by April 1, 2013 and 870 MW in 2014.
