Trina continues to see net losses
Trina Solar Limited sustained significant losses throughout 2012. While photovoltaic module shipments performed favorably, revenues failed to increase compared to the previous year. Both an imbalance in supply and demand, and “aggressive” pricing strategies have been blamed. On a positive note, Trina expects shipments to increase by as much as 30% in 2013.
Conergy completes PV plants in Spain sans subsidies
Conergy has completed a total of 14 photovoltaic plants in Spain since last autumn, which are said to be competitive without subsidies. A new calculation tool is assisting in the planning and implementation of such projects.
Uruguay plans to sell solar for $90/MWh
According to reports, Uruguays government is gearing up to establish a national solar industry. A new decree requiring the countrys national power utility to purchase 200 MW of solar energy is expected to be issued shortly. There are fears, however that compensation is not high enough to attract developers.
Report: PV hits profits margins and sales of central German power generators
The increase of cheaper photovoltaics on the German wholesale power market is reducing the profits and sales of large central power generators. They are hitting back by “heavily” lobbying against decentralization, according to Renewable Analytics, which has further suggested a restructuring of Germanys renewable energy levy.
Canadian Solar partners with Strata Solar on 85 MW PV project
Canadian Solar, Inc. and Strata Solar have joined forces to work on 85 MW of photovoltaic plants in the U.S.
Poland: Renewable energy law could be adopted in March
Polands new renewable energy law is expected to be adopted by the government by the end of March. However, due to the EC notification process, it is not anticipated to enter into force until mid-2014. Meanwhile, mandatory certification for imported biomass has been suggested.
India: AEG supplies inverters to 30 MW PV project
AEG Power Solutions will supply 30 MW worth of inverters to M and B Switchgears Ltds 30 MW photovoltaic project, located in Madhya Pradesh, India.
India allocates 1.172 GW of solar power
Over the last three years, Indias Ministry of New and Renewable Energy (MNRE) has assigned 1.172 GW worth of grid-connected solar power plants. Of these, 369 MW have already been commissioned.
150 kWp PV park completed in Bosnia and Herzegovina
A 150 kWp photovoltaic park has been completed and grid connected in Bosnia and Herzegovina. It is said to be one of the first projects of its kind in the country.
Pakistan to vote on solar PV FIT program
Pakistan is gearing up to introduce a photovoltaic feed-in tariff (FIT) program, which will see US$0.2329 paid per kWh to plants between one and 100 MW in size. A meeting is scheduled to be held on February 27 to finalize the plans.
