The European Bank for Reconstruction and Development has supported the commissioning of a 4.5 MW plant in Ukraine’s Vinnitsa Oblast to the tune of 4.1 million.
In Turkey, unlicensed projects of below 1 MW are booming. A German-Turkish joint venture is seeing intense activity in the sector, which is anticipating a major boost due to new regulations and incentives.
The consortium is being led by Norway’s Scatec Solar and Dutch developer Gigawatt Global Cooperatief, with additional funding from U.K., U.S., Finnish and Austrian governments.
The Japanese thin-film module manufacturer helped its corporate unit reach profitability for the first time ever ast year due to increased business in the growing domestic market.
While industry watchers see increasing foreign interest in Russia’s growing solar market, tough local content requirements could dampen investment.
Only the U.K. and Bulgaria transposed the latest Waste Electrical and Electronic Equipment Directive (WEEE) on PV modules into national law before the Feb. 14 deadline.
Commercial and utility-scale projects make up half of the 4,300 projects in the planning in leading PV countries in Asia-Pacific, Europe and North America, according to NPD Solarbuzz.
The preliminary AD verdict is expected on March 26 and a CVD decision on June 9. The commission arrived at a unanimous verdict that Chinese goods are unfairly harming U.S. manufacturers.
The US subsidiary of German manufacturer SolarWorld welcomed the ITC verdict 20 minutes after it was announced. SolarWorld America claims Chinese producers enjoy no unsubsidised cost advantage over US rivals.
The 2.4 MW plant, which cost an estimated $10 million, was inaugurated last week by Panamanian President Ricardo Martinelli.
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