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Exclusive: Spain must have better FIT laws to remain competitive

The Spanish government must put more reasonable photovoltaics (PV) feed-in tariff (FIT) laws in place and allow all parties adequate access to the power grid if it is to remain competitive, an industry expert has told pv magazine.

China's Shandong Province lowers PV tariffs

China’s Shandong province has set an electricity purchase price of 1.7 yuan (25 cents) a kilowatt-hour for photovoltaic (PV) power plants for this year. It has also been said that next year and in 2012 Shandong will lower the tariffs for ground-mounted PV plants to 1.4 yuan and 1.2 yuan a kilowatt-hour, respectively.

JA Solar buys out Shanghai Jinglong Solar Technology

JA Solar Holdings Co., Ltd. has entered into an agreement to acquire 100 percent of the shares of China-based Shanghai Jinglong Solar Technology Co., Ltd.

Phoenix Solar to see substantial increase in consolidated revenue following proposed German FITs compromise

Following the proposed compromise to cut photovoltaics (PV) feed-in tariff (FIT) incentives by three percent this month, put forward by the German parliamentary mediation committee between the German Bundestag and the Bundesrat for solar promotion yesterday, Phoenix Solar AG has said it expects to see “a substantial increase in consolidated revenue”.

Thin film undergoing “significant revitalization”

Manz Automation AG has said it is currently seeing “a significant revitalization in the thin film segment”. The news comes as the company announces its acquisition of €8 million worth of new thin film orders in Germany and the U.S.

Solargiga acquires 51 percent interest in Qinghai Chenguang; intends to ramp up production

Solargiga Energy Holdings Limited has said it intends to acquire 51 percent interest in Qinghai Chenguang New Energy Co., Ltd under a new cooperation agreement with the Xining Economic & Technology Development Zone Administration Committee.

German mediation committee proposes PV cuts compromise

German photovoltaic feed-in tariff cuts should be slightly reduced and implemented in two stages – including retroactively – according to a recommendation issued by the parliamentary mediation committee between the German Bundestag and the Bundesrat for solar promotion.

ABB wins USD$50 million Italian solar order

ABB has won an order worth USD$50 million from Actelios SpA, through its subsidiary Actelios Solar SpA, in Italy to supply three photovoltaic (PV) solar power plants in western Sicily.

SMA Solar raises 2010 profit outlook

Solar inverter manufacturer SMA Solar has raised its profit expectations for this year, due to the fact it sees the global solar market growing at least 30 percent faster than it previously forecast.

Provisional liquidator appointed for Meier Solutions insolvency proceedings

Lawyer Dr. Sebastian Henneke of Registry hrm Henneke, Ropke, Messerschmidt in Germany has been appointed as the provisional liquidator for the insolvency proceedings over the assets of Meier Solutions GmbH in Bocholt.

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