Solar costs in many markets will reach grid parity by 2013, according to a new report. It also predicts that demand for solar will increase at a compound annual growth rate (CAGR) of 24 percent.
Global solar photovoltaic (PV) installations are predicted to reach 13 gigawatts (GW) this year; that number will increase to 17 GW by 2011 according to a new report. It also states that Germany is expected to maintain its leading global position for the next two years.
Japan-based Kaneka Solartech Co., Ltd. has completed the expansion of its thin film photovoltaics facilities by 80 megawatts (MW), thus bringing its annual production total to 150 MW. Meanwhile, the company says it is looking to further expand its solar energy operations.
Signalling its interest in the El Salvadorian solar market, Milenio Solar has signed a contract for a parabolic through power plant feasibility study with Inversiones Energéticas S.A. de C.V.
Following the Spanish government’s decision to scrap both its July 1 deadline to reduce renewable energy subsidies, and a planned hike for consumer power tariffs this month, Luis López talks to pv magazine about the country’s dispute over the cuts in solar incentives.
A new world record, confirmed by the U.S. Department of Energy’s National Renewable Energy Lab (NREL), for large area silicon wafers has been set.
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