Facing dire economic problems resulting from its ongoing civil war, the Ukrainian government has approved a plan to reduce feed-in tariffs by 50%. Leading solar developers are taking legal action against the move.
The renewable energy company has agreed to develop two PV plants in South Africa as well as supply panels, inverters and O&M services.
The government has commissioned a study under the National Solar Mission to identify lively renewable energy potential in the country’s vast desert areas.
A decline in sales of solar cells for residential use in Japan contributed largely to a plunge in earnings for the group’s Energy Solutions division.
Having last month revised its earnings forecast upwards, Germany’s Wacker has confirmed that revenues rose notably in Q2 2014.
Khatoon Industries and The meeco Group towards a jointly green development in Pakistan
More than 3 GW of solar PV projects in the U.S. that had lined up Chinese modules may have to find an alternative supplier or pay the higher tariff, says NPD Solarbuzz.
Landmark legislation to move Massachusetts’ solar incentives from SRECs to declining block grants did not make it out of committee. However, caps on the volume of solar PV able to participate in net metering were marginally increased, making room for more systems.
While revenues and margins fell in the second quarter, SunPower is still producing modules at full capacity with expansions planned, and is holding more of the solar projects which it builds to retain additional long-term revenue.
The module manufacturer will provide solar panels for rural schools and villages in Malaysia as part of a government electricity project.
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