Bosch Rexroth confirms Desertec exit
Bosch Rexroth has confirmed it will let its Desertec Industrial Initiative (Dii) membership expire at the end of the year. Following Siemens exit, Bosch is the second company to withdraw from the initiative.
Bosch waives 25 million aleo loan
Bosch subsidiary aleo solar AG must only pay back part of the loans granted to it by Bosch, thus somewhat relaxing the financial situation of aleo.
Trina revises Q3 guidance downwards
Trina Solar Limited has announced significant changes to its Q3 financial guidance, ahead of the release of its quarterly figures.
REI: Solar trade dispute clouds cast dark shadows
The 6th annual Renewable Energy India (REI) closed its doors last Friday evening on the back of rumors that the Indian Government will pursue a solar trade case soon.
Amendments to Bulgarian PV grid access fees on the table
The Bulgarian Committee on Economic Policy, Energy and Tourism has adopted amendments to Bulgarias Energy Act and Renewable Energy Sources Act, which aim to legitimize “fees for grid access” for renewable energy producers. Approval is expected to be received within the next three weeks.
Denmark to cut PV subsidies
The Danish government will reduce remuneration for photovoltaic plants following strong growth. The current proposal is to be negotiated in the coming weeks.
US on track to become worlds largest utility-scale PV market
According to new figures, the U.S. is set to become the largest utility-scale photovoltaic market in the world, having recently overtaken Spain. Currently, Germany is sitting in pole position.
Centrosolar revenue plummets; revises FY forecast
Centrosolar AG has seen its Q3 revenues tumbling by more than half, when compared to Q2. Envisioning no pick up in the last quarter of the year, it has revised its full year revenue forecast downwards.
NRG Energys merger with GenOn approved by stockholders
The majority of stockholders from both NRG Energy, Inc. and GenOn Energy, Inc. have approved the merger of the two companies. The final transaction is scheduled for closure in Q1 2013.
Europe confirms CVD investigation into Chinese PV imports
Just hours after the U.S. made its final tariff determination into Chinese imports of photovoltaic products to the U.S., the European Commission (EC) has now announced that it has launched an anti-subsidy investigation into Chinese photovoltaic products coming into the EU.
