Spanish photovoltaic provider Isofoton has reached an agreement to commercialize a photovoltaic electric vehicle (EV) charging system. The “Ferrolinera” EV charging stations will provide more than 1,000 EV charging points throughout Spain.
In a country where development projects are often bold, the United Arab Emirates (UAE) has launched a solar park that, when completed, will be worth some 1,000 megawatts (MW).
While some sections of the photovoltaic industry continue to bend under the weight of weak demand and oversupply, the latest figures show venture capital investment at new highs.
The annexing of PV systems in 2011 has been concluded to have been even higher than in record year 2010, says the German Federal Network Agency. In 2011, approximately 7,500 MW of PV installations were installed.
The European markets remain important for solar despite the financial uncertainty. Lux Research’s Solar Demand Forecaster, a customizable platform for tracking IRR (internal rates of returns) and projecting future growth through 2016, has identified the top five locations by IRR for the first quarter of this year.
Solar developers in Gujarat with projects under construction have been given a month’s extension to complete their plants without losing their preferential payment rates. The deadline has been extended to January 28, 2012.
NanoMarkets will be adding a new report to its January publication schedule. This is set to be released the last week of January. The report continues the firm’s coverage of thin-film photovoltaics that dates back to 2005.
Adani Group has announced today that it has commissioned a 40 MW solar power project in the Kutch District in Gujarat. This is the largest to date in India.
The government will appeal against the High Court ruling that the cuts made to the renewable feed-in tariffs (FITs) are indeed illegal.
The liquidator of Solar Millennium AG, Volker Böhm, seeks an investor solution and aims to sell the projects as a package or individually to one or more investors.
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