IHS iSuppli: c-Si module costs to fall below USD$1 per watt by 2012
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.
Australian Government gives green light to 400 MW worth of solar projects
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.
Googles move into residential solar gives access to US homeowners
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.
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.
