A recent report believes South Africa could be the next photovoltaics superstar, if the government implements a strategy supporting the technology. However, there are a number of barriers hindering growth, particularly in the residential sector.
Solar grade polysilicon triples in demand and prices forecast to remain above $3,000 per ton.
Hamburg-based Conergy is forging on with installations in spite of the recent challenges and setbacks facing the company. Its latest deal is to install a photovoltaic plant in Greneva, located in the northern parts of Greece.
Government officials have broken the ground at the site of the worlds largest solar power plant project in the Mojave Desert, California.
According to IHS iSuppli, crystalline silicon (c-Si) photovoltaic module costs are set to fall to USD$1 per watt by the first quarter of 2012.
The Australian Federal Government has announced an injection of over AUD$750 million (558 million) to help build two of the worlds largest solar power stations after months of uncertainty surrounding the projects.
Internet giant Google have made $680 million in investments in renewable energy in the past months. It now moves into residential solar installations with a $280 million fund allowing homeowners to overcome the hurdle of up-front costs. The investment was announced earlier this week.
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.”
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.
U.S. solar installer REC Solar has formed partnership with a number of significant consumer brands as photovoltaic expansion in the northeastern states continues.
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