Renewables beat carbon capture and storage, researchers find
Australian researchers say renewables offer better prospects than coal and gas-fired carbon capture and storage (CCS) systems and argue against investment in CCS development, citing rising gas prices and pipeline distances.
Poly maker Tongwei acquires cell and module business
Chinese polysilicon manufacturer Tongwei has paid a reported RMB870 million for LDK Solar Hi-Tech (Hefei) Co. The deal represents a RMB750 million profit for the Hefei local government.
Wirsol starts 'largest solar park in the Caribbean'
A 64 MW scheme in the Dominican Republic is the country’s first solar park. German developer Wirsol said the Republic’s president personally selected it to plan the project in Monte Plato province.
US company TRA strikes deal for 100 MW solar project in Pakistan
M/s Table Rock Associates (TRA) signs letter of intent with Pakistan’s Alternative Energy Development Board (AEDB) to construct a 100 MW PV power plant in the countrys Punjab province.
ADB invests $2 million in pay-as-you-go solar for India
The Asian Development Bank hopes its first venture into smal scale investment will encourage private equity groups to come forward. Indian solar company Simpa has secured $2 million and hopes to have 63,000 customers by 2015.
Peru to launch off-grid request for tender
On Friday, Peru’s mining and energy regulator will begin offering invitations to developers for the installation of 500,000 PV systems throughout the country.
JinkoSolar offering 3.5 million American Depositary Shares
The Chinese solar group is looking to attract investment Stateside, which it may use to expand manufacturing capacity and solar project development. At the company’s current share price, the offering could bring in more than $200 million.
Hold off on new PV recycling contracts until February
The manager of a German PV recycling firm has advised manufacturers, importers and distributors not to sign any new disposal contracts before modules are in included in the EU’s electrical waste directive in February.
Pakistan scrambles for generation
Pakistan’s first large scale solar project is just part of a race to plug electricity generation shortfalls in the country. The 6.6 GW coal-fired plant at Gadani dominates the race for electricity.
South Carolina plans largest solar farm
A 3 MW project in Colleton County will be used as a test bed for incorporating solar into the grid. The scheme has been backed by the state’s largest utility, transmission company and consumer-owned electricity co-operatives.
