APVIA 2012: Singapore leads path to grid parity
As the PV Asia Pacific expo and conference continues today in Singapore, attendees have heard how high electricity prices and the falling cost of photovoltaics have resulted in the city-state arriving at retail grid parity for solar.
US: First Solar provides Mesa manufacturing update
First Solar has leased a portion of its Mesa manufacturing facility in Arizona out. Originally, the thin film photovoltaic company was scheduled to start manufacturing modules at the new facility in Q3 2012. There are currently no plans to begin operations, however.
Oerlikon receives green light to sell its solar business
Switzerlands Oerlikon Group has received approval from the Chinese government to sell its solar business to Japan-based Tokyo Electron Ltd for an undisclosed sum.
Intersolar postpones second China tradeshow
The second Intersolar China tradeshow has been postponed, following the current difficult market conditions. The event is expected to resume in 2013, alongside its new partner, The China Renewable Energy Industry Association (CREIA).
UK solar companies seek £50 million in compensation
A number of U.K. solar companies are seeking compensation from the government over its proposed photovoltaic feed-in tariff cuts, unveiled last October. A formal “Letter Before Claim” has been sent to the Department of Energy and Climate Change (DECC).
Siemens withdraws from Desertec
Siemens has said it will pull out of Desertec by the end of December. Media is also examining Boschs 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 companys entrance into the organic photovoltaic market.
LDK and Heng Rui Xin Energy enter into share purchase agreement
Chinas 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 LDKs share capital.
