Solar Bankers could take over Boschs photovoltaic manufacturing facility in Germany. A progress report on the negotiations concerning Boschs solar shares is expected this May. By the end of the year, the Stuttgart-based company wants to completely exit the crystalline photovoltaic business.
In a second share purchase agreement, LDK Solar has announced it will sell 25 million newly issued ordinary shares to Fulai Investments Limited for US$25.7 million.
U.S. Senators have decided to level the playing field for renewable energy sources by providing investors in renewable energy projects access to private capital that has, for decades, only been available to fossil-fuel project investors. Numerous solar companies support this move.
An alliance has been established to support and facilitate collaboration between solar, electrical energy storage and smart grid technologies companies.
The PV sector did not cause Spain’s power tariff deficit to increase to its record level in 2012, according to the countrys National Energy Commission (CNE).
A one MW photovoltaic park has been planned for the Argentinian province of San Luis. It is expected to be completed within one year.
The government of southern Indian state Andhra Pradesh has announced a photovoltaic FIT of Rs 6.49/kWh (US$0.12, 0.09) for its tender of one GW, according to energy consultants RESolve. Solar developers are said to be disappointed with the rate.
Russias Energy Ministry submitted a draft renewable energy law to Prime Minister Dmitry Medvedev for approval on 15 April. It is aimed at supporting the deployment of renewable energy sources including solar, wind and hydroelectric power plants across the country.
PV Cycle and Czech collective scheme Retela are collaborating on module take-back and recycling in the Czech Republic. PV Cycle hopes to serve the value chain better with Retela’s expertise for PV waste execution in the country.
German solar company Sunways has announced it will lay off about half of its 105-strong workforce at its cell production plant located in Arnstadt, according to a local German newspaper. Redundancy packages have already been settled by the works council.
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