US: 10 GW PV capacity reached
The solar photovoltaic capacity in the U.S. has now reached the 10 GW milestone. More than 1.8 GW of new solar PV capacity was installed in the first half of this year.
Conergy: operations to continue through insolvency
Four days after filing for insolvency in Hamburg, German solar group Conergy AG said operations at its subsidiaries would continue unchanged. While the company has halted work in Frankfurt an der Oder, it expects production to restart soon.
VC funding fluctuates but downstream and third party continue popularity
Downstream activity secured $128 million of the $189 million of VC funding raised for solar from April to June as third party solar companies raked in $1.33 billion.
First A credit rating for an Indian solar plant
Rajasthan project receives A rating by CRISIL, a division of S&P’s McGraw Hill Corp.
Berlin, Beijing resolve polysilicon dispute
In a conciliatory sign towards Germany that is sure not to be lost on EU trade minister Karel De Gucht, China has rejected punitive tariffs on European polysilicon imports.
Indonesia: Auctions to award solar projects
Indonesia has decided to embark on using the auction system to award solar power projects. 172.5 MW of capacity are in the pipelines to be auctioned.
Gehrlicher Solar files for insolvency
Gehrlicher Solar AG has become the latest German solar company to file for insolvency as the ongoing crisis continues to take its toll.
Lower revenue for Aleo Solar in the first half of 2013
Module manufacturer Aleo Solar AG has reported that it expects a plunge in revenue. The profound decline in demand in Europe and the price erosion have been quoted as reasons.
Thailand greenlights 29.5 MW of solar projects valued at $75.6 million
The Thai government has approved 29.5 MW of new solar projects as demand for electricity continues to rise.
Indian state of Gujarat may cut solar feed-in tariff
Gujarat’s utility company is recommending a reduction in the tariff rate it pays for solar power from the current price of US$0.21 a kilowatt hour to about US$0.15.
