According to Bridge to India, the second phase of Indias National Solar Mission (NSM) will include a Domestic Content Requirement (DCR). Meanwhile, it says that the depreciating rupee is creating difficulty for India solar project balance sheets.
GE Energy has made the decision to put construction on hold at its Colorado thin-film fab for “at least” 18 months. The fab was to have an annual production of capacity of 400 MW when fully ramped, employing CdTe semiconductor technology.
Sharp has confirmed it will move its European solar business from Germanys Hamburg to the U.K.s Wrexham. By the end of the fiscal year, the next phase of the companys restructuring should be complete. Furthermore, it is looking to enter new business areas.
On the back of the new feed-in tariffs in Japan, which came into effect Sunday, July 1, Germanys Deutsche Bank says that while it expects to see an increase in installed photovoltaic capacity, and thus falling costs, implementation hurdles still exist.
Lux Research has released a forecast that expects lithium-ion and molten-salt battery costs to fall to US$500/kWh by 2022. This is predicted to bring down the high capital cost of emerging grid storage technologies. However, it is still double the target of US$250/kWh.
A month after U.S.-based Konarka Technologies, Inc. filed for bankruptcy, its wholly owned German subsidiary, Konarka GmbH has followed suit at the Nuremberg District Court.
On June 22, the Renewable Energy Corporation (REC) announced a number of financial restructuring measures including measures to restructure its revolving debt facility and to offer approximately 870,000 million new shares to raise around NOK1.3 billion (US$218 million).
The Kansai Electric Power Co. restarted its third unit at the Ohi nuclear plant on Sunday, amidst public concern and protest. It is the first nuclear reactor to come back online after Fukushima.
It is only a matter of time until SolarWorld AG finally files an anti-dumping (AD) complaint with the European Commission, alleging that China has flooded the German market with underpriced solar cells and modules, to the detriment of domestic manufacturers and in deviation from fair trade policies. In anticipation that the case will come sooner rather than later, Jefferies Group, Inc. held a conference call to provide insights into the differences between how trade cases are handled in the United States and the EU.
Germanys Dessau/Rosslau district court has opened insolvency proceedings for Q.Cells. The insolvency administrator says no redundancies are expected, however, and that a number of interested parties have been invited to conduct due diligence.
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