Lux Research expects a healthy and profitable return of solar industry
Due to converging supply and demand, the solar industry is all set for a quick rebound. According to the new findings released by Lux Research, the global module capacity will fall to about 58 GW in 2015 and module margins will increase to 10% from the current near-zero averages.
After a month of knee-jerk trading, investors and analysts await EU tariff decision
In May, the New York solar equities market took a page from the parable, “The Emperors New Clothes.” While investors reacted swiftly to favorable company reports – propelling those stocks prices higher (as in the case of JA Solar) and taking others along for the ride – analysts examining the fundamentals saw little or nothing to recommend.
Intersolar Award with a strong focus on storage innovations
The finalists have been announced. For the sixth year running, the best innovations will be graced with the Intersolar Award. The need for self-consumption and thereby storage has strongly increased with the fall in FITs. Hence there is a strong representation of storage solutions amongst the finalists as well.
LDK Silicon's lenders hold fate of the debt-saddled group
Debt-stricken polysilicon, wafer and module manufacturer LDK Solar could be set for more tough talks with lenders after admitting to the U.S. Securities and Exchange Commission (SEC) that it will breach the terms of a June 2011 share sale.
New Jersey approves $446 million solar plan
New Jersey’s Board of Public Utilities (BPU) approved on Wednesday a US$446 million solar program.
Phoenix Solar completes a floating photovoltaic system in Singapore
Phoenix Solar has launched a floating photovoltaic system in Singapore. The system of 5 kWp capacity has been installed in the Pond Gardens of Bishan Park and donated by REC Module Pte Ltd.
Ontario to remove domestic content requirement from FIT program
Following the failure of an appeal to the World Trade Organization (WTO) decision against the domestic content requirement of its renewable energy FIT scheme, the Ontario Energy Department has announced plans to remove the offending provision.
SolarWorld CEO proposes multi million euro lifeline for the company
Frank Asbeck, CEO and founder of SolarWorld AG, has proposed to invest a double-digit-million euro amount to help his debt-ridden company survive its difficult financial situation, according to German newspaper Handelsblatt.
Google invests $10m in South African solar project
Google director Rick Needham has revealed the search engine giant has invested ZAR103 million (US$10 million) in the Jasper Power Project.
Photovoltaic storage still not competitive in Germany
From a cost perspective it does not really matter whether wind and photovoltaic systems are probably better erected where it is particularly inexpensive to generate electricity, or instead where the electricity is actually consumed. The overall costs for the change in energy policy in Germany can be reduced in particular through less development of offshore wind power.
