With foreign solar companies keen to enter the Indian market despite strict photovoltaic cell and module local content requirements, consultancy Bridge to India has arranged for prominent Japanese companies to meet with domestic photovoltaic developers.
The U.S. Department of Energy’s SunShot solar initiative has awarded another $9 million of funding to seven data projects.
Its okay to blink. Most of the solar market is going nowhere fast at least, nowhere that the risk-averse investor would want to be. The sector remains a challenging place to do business, as long as subsidies continue to shrink worldwide and panels remain plentiful. There are, however, some interesting opportunities, both downstream and (surprisingly) online.
According to the terms of the proposed PPA for the 50 MW Macho Springs solar park in New Mexico, First Solar would be selling the energy generated by its thin film modules for a record low price for the technology.
Electronics giant Panasonic has released its consolidated figures for the last three quarters of 2012, noting a fall in demand for photovoltaics and lithium-ion batteries in Europe.
Finnish company Cencorp Corporation has bucked the global trend of PV manufacturers by announcing its intent to start a production line in Europe.
Geenex has said it intends to invest at least US$500 million in photovoltaic projects in the U.S. over the next five years. The first project is slated to be 50 MW in size.
The China Development Bank Corporation (CDB) has approved a RMB 440 million (around US$70.7 million; 52.2 million) loan, which will be used towards a technology upgrade at LDK Solars Mahong Polysilicon Plant.
Phoenix Solar has completed the design and installation of a 3.5 MW photovoltaic park in Saudi Arabia. It is said to be the largest plant of its kind in the region.
Photon Energy Investments N.V. has unveiled an almost 127 MWp pipeline, which it intends to roll out across five countries. The company hopes to raise 40 million in bonds to “kickstart” the projects.
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