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.
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.
