Greece adds 148 MW while preparing for drastic new FIT cuts
Greece added 148 MW of solar photovoltaics in the second quarter but the situation for solar developers is getting tougher: new FIT cuts are on the way and consumers face 120% electricity fee hikes to back new RES projects.
ReneSola lands 63 MW Thai supply deal
The Chinese manufacturer continues its contract wins in south east Asia with a Thai module supply deal. Its panels will be used in a project in Nakornsawan.
PPA for Rwanda's first grid scale solar park
The government in Kigali has signed a PPA for an 8.5 MW project in Rwamagana district. The park will be developed by the founders of Israeli solar company Arava Power.
Sharp to market solar windows
The Japanese giant will showcase solar window and balcony railings at PV Japan 2013. The windows will cost around $2,000 per square meter.
Global demand grows for Taiwan's PV cells
The Chinese-European trade dispute and growing demand in Asia and North America has created a booming global market for Taiwanese PV cells, which saw international shipments jump 6.7% in the first half of the year.
Russian Far East bolsters RES capacity
The Russian Far East, where adverse climate conditions have resulted in high prices for fossil fuels, is increasingly embracing renewable energy. The offers opportunity, but also challenges for local developers.
Mascotte's $250 million due diligence bill
The Taiwanese company has been forced to take HK$1.93bn hit in its 2013 figures, part of a HK$3.03 billion annual loss, after due diligence over the Sun Materials acquisition failed to spot a hydroflouric acid problem.
Chinese module prices on the rise
Chinese panels are increasing in price due to the EU’s anti-dumping tariffs. As a result, high-quality modules from South Korean and Western suppliers are becoming more competitive, says IHS.
Agreement expected this week in EU-China trade dispute
The European Commission and China continue to wrangle for a compromise in the ongoing trade dispute over dumping prices on imported Chinese PV products. Insiders expect an agreement this week.
Suntech creditor claims total almost $1 billion
The Chinese manufacturer’s European unit has revealed a mountain of debt, including $454.3 million for its insolvent Wuxi Suntech unit.
