PV demand in emerging Asian countries to reach 3 GW by 2017
Led by large-scale installations, photovoltaic demand in Emerging Asia Pacific and Central Asian (EAPCA) countries is forecast to grow 28% annually to reach at least 3 GW by 2017, according to NPD Solarbuzz.
Chile: IDB to finance 26.5 MW of PV projects
The Inter-American Development Bank (IDB) has approved a US41.4 million loan package to finance two of Solarpack Chile S.A.s photovoltaic plants, worth 26.5 MW.
Australia: 53 MW power plant recommended for approval
What will be one of Australias biggest photovoltaic power plants has moved one step further towards completion today, with the 53 MW plant receiving a recommendation that it should be approved. Construction is set to begin in 2014.
Investment rumors boost SolarWorld stocks
Speculation that SolarWorld may receive a three-digit million investment from Qatar saw the German photovoltaic companys stock temporarily jump. It has failed to respond to the rumors.
10% cut to Japanese FIT approved
The Japanese government has approved a 10% cut to photovoltaic FITs. As such, from April 1, tariffs have been reduced to JPY37.8/kWh (US$0.40) down from JPY42/kWh (US$0.45).
US: NY targets 52 MW of new PV capacity
The New York State Energy Research and Development Authority (NYSERDA) awarded US$46 million for 76 large-scale projects totaling 52 MW of new photovoltaic capacity.
Greece: 234 MW of new PV capacity in February; renewable energy reform announced
According to the latest figures, Greece added 234 MW of PV capacity in February. Meanwhile, a joint declaration of intent has been signed between Greece, Germany and the EU aimed at reforming the countrys renewable energy industry.
First Solar acquires 150 MW Imperial County Solar Plant
American thin film producer First Solar has announced the acquisition of the 150 MW Imperial County Solar Plant. It is expected to be completed in 2014.
Conergy records 2012 gains; expects significant 2013 sales increases
Overall, the Conergy Group managed to reduce its 2012 losses, albeit slightly. Sales are expected to considerably improve in 2013. Meanwhile, business in Asia and the U.S. is forecast to significantly grow, and Eastern Europe should open up as a promising new export market.
Philippines: First projects under FIT set to go ahead
The first photovoltaic projects under the Philippines long-awaited FIT program are set to be completed in 2014. The AFP are reporting that a government official has confirmed that the first photovoltaic installations will be between 3 5 MW.
