Germany: Rösler explains solar subsidy exit strategy
An explanatory statement for the proposed law has now been presented. In it, the German Federal Ministry of Economics explains the planned steps to a new regulation of solar promotion. It remains unclear what the actual construction target of the Federal Government is, i.e. whether its 33.3 or 52 gigawatts (GW) of installed photovoltaic capacity.
Roth & Rau announces "significant" closures and employee cuts
Admitting that its photovoltaic business has been negatively affected by the weak market conditions in 2011, Roth & Rau has said it will close a number of its subsidiaries and “significantly” reduce its workforce by the end of the first half of 2012.
Bosch delays work on Malaysian PV factory
According to media reports, Bosch has delayed its plans to build a photovoltaic manufacturing facility in Penang, Malaysia, due to the turbulent solar market conditions.
China: Satcon and GWPC develop PV partnership
U.S.-based Satcon Technology Corporation and Chinese company, Great Wall Computer Company Limited (GWPC) have formed a partnership under which Satcon says it will be able to capitalize on an estimated 14 gigawatts (GW) of utility scale photovoltaic projects in China.
Solarhybrid and Solar Millennium finalize takeover deal
Following months of negotiations, Germany’s solarhybrid AG has acquired Solar Millennium AGs 2.25 gigawatt (GW) U.S. photovoltaic pipeline.
Q4 2011 surge in North American PV installations
The North American photovoltaics market experienced a boom in new installations in the fourth quarter (Q4) of 2011, due to decreasing market prices and policy program changes. In 2012, the market boasts a 25 gigawatt (GW) non-residential and utility project pipeline.
GCL and NRG form new solar company
China-based GCL-Poly Energy Holdings Limited and U.S. company NRG Solar LLC have established a new solar company, Sunora Energy Solutions 1 LLC. Each party owns 50 percent.
SolarWorld acquires over 95 percent of Solarparcs shares
SolarWorld AG has almost completed its 100 percent takeover of Solarparc AG. The company announced today that it now owns over 95 percent of Solarparcs shares.
Germany: Rösler plans solar subsidy exit strategy
Germanys Federal Ministry of Economics has presented its own proposal for alterations to the Renewable Energy Law (EEG). An additional installed capacity of 33.3 gigawatts (GW) could see an end to the solar subsidy.
India: Lanco accused of flouting JSSNM guidelines
Touted as the worlds most expensive publicly funded solar energy program, Indias much hyped Jawaharlal Nehru National Solar Mission (JNNSM) has hit its first roadblock. The Centre for Science and Environment (CSE) alleges that the Lanco Group has flouted the programs guidelines to corner a big share of the photovoltaic projects under first batch of Phase 1.
