Welspun Energy commissions 50 MW Indian PV plant
Welspun Energy Limited has completed and commissioned a 50 MW photovoltaic plant in Indias Rajasthan in a space of five months.
India: Domestic PV manufacturing capacity reaches 2 GW
According to Indias Ministry of New and Renewable Energy (MNRE), domestic manufacturing capacity of photovoltaic cells and modules has grown to 2 GW. It also estimates Indias potential solar power per square kilometer to be 30 to 50 MW.
MEMC proposes name change; unveils financing division and 2013 outlook
MEMC Electronic Materials, Inc. is considering a name change to SunEdison to “better reflect” its business. It has also announced the establishment of SunEdison Capital and released its expectations for 2013.
Will PV tariffs level the playing field between the US and China?
Last year, the U.S. reproached China for being “generous to a fault” to its domestic solar manufacturers, even as the rest of the industry suffered from declining subsidies, rising inventories and internecine cost competition. But can punitive tariffs really bring prices up to parity and alleviate the pain?
Peru: 40 MW PV project inaugurated
Gestamp Solar and Solarpack have officially inaugurated two 20 MW photovoltaic plants in Peru. A total of US$196 million was invested in the project, which was completed last October.
Up to half of RES investment could come from institutional investors
A new study by the Climate Policy Initiative (CPI) finds that institutional investors could supply between a quarter to a half of the investment needed to fund renewable energy system (RES) projects through to 2035. Barriers including public policies and investment practices, exist, however.
7th Fab Managers Forum: PV industry drought continues
2013 will be another tough year for the photovoltaics industry, although global markets continue to grow. This was the message on the first day of SEMI Europe’s Fab Managers Forum, held yesterday in Berlin, Germany.
JA Solar ships 35 MW of PV modules to Israel
JA Solar has commenced shipments of its modules to a 35 MW photovoltaic project in Israel.
Japan: PV demand growing faster than expected; new FIT rates proposed
The Japanese photovoltaic market has significantly changed since the introduction of FITs last July. With domestic demand growing faster than expected, Japan’s Government has proposed a FIT reduction of around 10%.
Suntech shuts Arizona PV module factory
Less than three years after the announcement of its opening, and on the back of insolvency rumors, Suntech is closing its Goodyear photovoltaic module manufacturing facility in Arizona, the U.S.
