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Siemens withdraws from Desertec

Siemens has said it will pull out of Desertec by the end of December. Media is also examining Bosch’s exit from the desert power project.

India: Tamil Nadu unveils ambitious solar policy

Tamil Nadu is the next Indian state to introduce a specific solar policy. With the aim of installing three GW by 2015, it is ambitious in its scope. It is also the first policy in India to introduce net metering guidelines.

Siemens exits solar business

Siemens AG has announced it will no longer be active in the solar industry, and will instead focus on wind and hydro power in the field of renewables.

Belectric takes Konarka GmbH over

Germany-based Belectric has taken the insolvent Konarka GmbH over. The announcement marks the company’s entrance into the organic photovoltaic market.

LDK and Heng Rui Xin Energy enter into share purchase agreement

China’s LDK Solar and Heng Rui Xin Energy Co. have entered into a share purchase agreement, under which Heng Rui Xin Energy will acquire 19.9% of LDK’s share capital.

Investment interest in Romanian PV market increases

The maturing photovoltaic markets in Germany, Spain, France and Italy, and recent feed-in tariff cuts in a number of key markets have prompted solar investors to look for new opportunities in South-East European (SEE) nations. Romania is presenting one logical and very interesting investment alternative.

Isofotón denies Spanish factory closure

Spanish media reported yesterday, October 18, that Isofotón would close its photovoltaic manufacturing facility in Malaga for two months. The company has denied this.

£20 million incentive for UK energy storage solutions

The U.K. government has made £20 million available to encourage innovation in energy storage systems.

Iraq unveils $1.6 billion renewable energy plans

According to reports, Iraq plans to channel US$1.6 billion over the next three years into solar and wind power, with the aim of adding 400 MW to the national grid.

Interview: Inside Sungevity’s expansion Down Under

Solar lease provider and online solar entrepreneur Danny Kennedy has expanded Sungevity into nine states across the U.S., from its Oakland base. This year the company moved into the Netherlands and, this quarter, into Australia. For company founder and president Kennedy, the move has a special significance, as the expatriate Australian is bringing his business home. pv magazine spoke the charismatic entrepreneur, to find out more.

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