The European Commission announced its decision to push forth with the anti-dumping duties on Chinese PV imports into Europe yesterday (Tuesday) despite the wide opposition across the solar sector and the EU member states. 11.8% has been set as the start point and this will increase to 47.6%. Some applauded the decision while for others the alarms went off.
Mercom Capital Group newly published Quarterly Solar Funding and M&A Report details the latest developments and trends in the photovoltaic market.
Cyprus will fund rooftop PV system installations for 2,000 low-income households via the country’s net metering program.
The debt-ridden photovoltaic manufacturer SolarWorld will gather its noteholders for a second round of meetings that will take place July 8 and 9. The first two noteholders’ meetings did not reap benefits as noteholder participation was too low.
Upstream solar manufacturer PVA TePla will be adjusting its capacity and embarking on a cost reduction program. One key change to come is the reduction of its workforce in Wettenberg and Jena in Germany. The company specializes in crystal-growing systems for both the solar and semiconductor industries.
The Solar Electric Power Association (SEPA) has released its sixth annual utility solar rankings report that highlights new solar power interconnections by U.S. electric utilities in 2012. Annual solar capacity in the U.S. surpassed 2 GW for the first time in 2012.
The European Commission released further details today on the import tariffs on Chinese crystalline photovoltaic imports it announced on June 4.
German PV group Conergy has reached the 1 MW mark in Spain with competitive grid parity projects. The company is rolling out similar projects around the globe as competitive systems make PV increasingly attractive.
Module manufacturer Canadian Solar has opened a new sales and business development office in Sao Paulo, Brazil. With this step the company aims to expand its sales network and regional customer service in South America.
U.S. Secretary of Interior Sally Jewell has announced the approval of three major renewable energy projects that are expected to deliver up to 520MW to the electricity grid. The projects are also expected to generate more than 900 jobs in construction and operations.
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