REC's first PV venture in Thailand
Norwegian company Renewable Energy Corporation (REC) has supplied close to 41,000 solar panels to a 9.5 MW power plant in Chiang Rai, in northern Thailand. The company has also opened its own Bangkok office.
Germany's Economics Minister seeks to reduce PV FIT to 0.10/kWh
Germanys Federal Economics Minister and Free Democratic Party (FDP) leader has said he wants to reduce the countrys photovoltaic FIT to just 0.10/kWh. In his view, investment could thus be encouraged in storage systems.
Solar Bankers interested in Bosch's German PV facility
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.
LDK sells 25 million shares to Fulai in second agreement
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.
US: Providing a level playing field for renewables
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.
International Battery and Energy Storage Alliance established
An alliance has been established to support and facilitate collaboration between solar, electrical energy storage and smart grid technologies companies.
Spain: PV sector did not increase 2012 tariff deficit
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).
1 MW PV park planned for Argentinian province of San Luis
A one MW photovoltaic park has been planned for the Argentinian province of San Luis. It is expected to be completed within one year.
India: Andhra Pradesh announces new PV tariffs
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.
Russia unveils draft renewable energy law
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.
