News has emerged this week stating that Italys Government is looking to apply further tariff cuts, of up to 30 percent. It seems, however, that the information was just a “negotiation maneuver”.
Blackstone Solar Inc. has received a CAD$15 million financing facility to develop rooftop solar projects in Ontario, Canada.
Photovoltaic module inventories have “soared” due to weak quarter one demand, says Solarbuzzs new quarterly report. They are now expected to hit a “record” 8.6 gigawatts. The second half of the year will be “challenging”.
Leader of the UKs opposition party, Ed Miliband, has challenged the governments decision to slash the countrys photovoltaic feed-in tariffs (FITs) for systems over 50 kilowatts in size.
The second in a series of Solar Energy Summits held in the Australian State of New South Wales has drawn criticism from industry insiders, despite the announcement of some new key policies.
In a move away from the Asian regions, SolarWorld has sold its stake in a South Korean solar panel production facility, stating that it prefers to focus on Western photovoltaic markets.
The U.S. department of Energy (DOE) has awarded three more conditional loan guarantees to photovoltaic projects, worth a total of USD$4.5 billion. Around 1,400 jobs and 1.3 gigawatts of photovoltaics are expected to be created.
Suntech has terminated a solar wafer supply agreement with MEMC. It will also discontinue investment in thin film subsidiary CSG Solar AG. Overall, the company will incur expenses of around USD$236 million.
Californias Butte College has announced it is the first college in the U.S. to go “grid positive”. Generating over 100 percent of its electricity from solar power, the educational institution says it will feed power back to the grid.
A 50 kilowatt (kW) photovoltaic array is to be installed on the roof of Coventry Cathedral. It is the first time a cathedral in the U.K. will utilize solar power in this way.
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