SolarWorld’s German units file for insolvency, provisonal administrator is named
The Bonn court has confirmed to pv magazine that Horst Piepenburg was named temporary administrator for SolarWorld. Meawhile, the company’s German units also filed for insolvency.
Solar in the Netherlands crosses 2 GW mark
Around 525 MW of installed PV was connected to the grid in the Netherlands in 2016, according to provisional numbers provided by the Dutch Central Bureau of Statistics (CBS).
Greece applies virtual net metering
Greece’s environment and energy minister has approved the country’s virtual net metering provisions. This is a policy step towards the right direction, however it is not expected to have a significant effect on Greece’s PV installations any time soon.
EU energy regulators call on Brussels to remove net metering and priority dispatch for new RES from Winter Package
ACER and CEER have asked the European Commission to take a more market-oriented approach for the Clean Energy Package 2020-2030. The two organizations called on Brussels to remove priority dispatch for existing renewables and to avoid net metering.
Solarpack secures financing for 135 MW of solar in Chile and India
The Spanish developer has raised $104 million in financing for nine large-scale PV projects spread across India and Chile.
TerraForm completes the sale of 365 MW of UK solar assets
With the sale the yieldco has almost completely divested from the United Kingdom, as its acquisition by Brookfield grinds forward.
German PV equipment makers report revenue rise for 2016
German PV equipment providers were able to increase their sales by 20% in the past year. Demand for solar production equipment, however, is slowing.
Phoenix Solar post 40% revenue growth for first quarter
The German project developer reported a loss in Q1 2017, despite a considerable rise in revenue.
Amtech posts revenue growth in Q2 of fiscal 2017
The U.S. supplier of automation systems for the PV industry also saw order intake and quarter-end backlog increase in the latest quarter. All of the company’s segments contributed to the turnover growth registered in this period.
India’s tariffs sink lower
A downward trend for the solar tariffs in India continues, with a new record low produced in a tender for a 50 MW solar power plant in Rajasthan.
