Sunways CEO slams German Government's handling of energy policy while announcing losses
At its annual general meeting (AGM), Sunways CEO Michael Wilhelm blamed the German Federal Government for photovoltaic market volatility, labeling its handling of the changes to energy policy as “botched” and arguing that, “a lot of consumer goodwill was thoughtlessly gambled away by reducing subsidies for private consumption.”
9REN builds two PV systems worth three MW in Italy
In a fast turnaround, 9REN has delivered two three megawatt (MW) photovoltaic power plants to Helios Srl, installed on the Italian island of Sicily. The system was connected to the national grid just three months after the contract to install was signed.
REC Solar expected to hit 4.1 MW of commercial solar installations
U.S. solar installer REC Solar has formed partnership with a number of significant consumer brands as photovoltaic expansion in the northeastern states continues.
Conergy withdraws 2011 forecasts
This year is not looking bright for the solar industry, according to Conergy. Following poor performance in the first two quarters of this year, the German manufacturer has retracted its sales forecasts.
US: DOE provides loan guarantees for 650 MW of solar projects
In the past two days, three large scale photovoltaic and concentrating solar power (CSP) projects have been given conditional loan guarantee approval by the Department of Energy (DOE) under its loan guarantee program, known as Section 1705. The program closes in September.
German July FIT position confirmed
Germanys Federal Environment Ministry has confirmed that the installed photovoltaic capacity between March and May of this year amounts to around 700 megawatts. Nevertheless, the economic wing still wants to cap the market.
"Exciting" and "volatile" year predicted for US PV
A new report reflecting the U.S. solar industrys 2011 first quarter predicts that both “exciting” and “volatile” times lie ahead. The country has, to date, over 2.3 gigawatts (GW) of installed photovoltaic capacity. This is expected to double by the end of the year.
Solar Frontier makes progress on three Japanese projects
Japanese solar subsidiary of Dutch Oil giant Shell is supplying the Tokyo Electric Power Company (Tepco) on one of Japans first major solar plant installations, while putting their recycling systems in place and installing solar systems to keep petrol pumps running in times of disaster.
Australian Greens hopeful of positive roundtable discussions
A government and industry roundtable on issues facing the Australian solar industry has been scheduled for July 8 in the capital city Canberra.
Italy dumps nuclear; renewable energy stocks rise
Italy has voted against nuclear, prompting the country’s renewable energy stocks to soar.
