Markets & Policy

Stion secures US$130 million financing for thin film plans

U.S. thin film photovoltaic module manufacturer, Stion, has secured US$130 million in equity investment. Among other plans, it will establish a Korean subsidiary and manufacturing facility.

Bosch to buy Conergy inverter subsidiary

Bosch Group and Conergy AG have entered into negotiations under which Bosch will acquire Conergy’s inverter subsidiary, voltwerk electronics GmbH. The financial sum was not divulged.

Solar Millennium files for insolvency

Solar Millennium AG is the latest victim of the weak solar market conditions. Just this afternoon, it announced that it has filed for the opening of insolvency proceedings.

UK: High Court rules FIT cuts illegal

The dramatic struggle over the British Government’s dramatic feed-in tariff (FIT) cuts continued today, with the High Court ruling that they were illegal. The slashing of the FIT came into effect on December 12, 11 days before the official consultation period on the policy closed.

Indian solar capacity to hit 33.4 GW by 2022; off-grid potential "huge"

A new report on India’s solar market forecasts that as much as 33.4 gigawatts of both off- and on-grid solar will be installed in the country by 2022. While the National Solar Mission (NSM) aims to install 20 GW, it is believed there are “huge” off-grid opportunities. Furthermore, Rajasthan is expected to become the country’s solar hub.

PV and roofing: Bridging the gap

The PV Taskforce at the Roofting Center, located in Washington D.C., has released a draft report into photovoltaic roof racking. It attempts to bring the photovoltaic and roofing community together, in order to formulate criteria and recommendations as to the most effect roof racking for photovoltaic systems.

US-China trade debate moving to India

According to various media, India is considering following in the footsteps of the U.S. and launching its own investigation into Chinese solar imports.

Würth and Manz sign transfer agreement

Würth Solar and Manz AG have signed the transfer agreement, which will see Manz taking over Würth’s CIGS operations at Germany’s Schwäbisch Hall.

PV cheaper than reported

Some in the industry can be surprised when public or academic reports predict photovoltaics playing a small role in the world’s future energy mix, on the basis of cost. It is often repeated that the technology is just too expensive. But recent research from Queen’s University and Michigan Technological University has shown that the price of photovoltaics is often vastly overinflated in these studies.

Germany: Röttgen says no to further cuts

With the new regulations not even in place yet, arguments against supporting solar energy have already gained momentum. German Minister of Environment, Norbert Röttgen rejects the calls to cut renewable energy subsidies further.

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