Solarpack starts work on 25 MW PV plant in Chile
Solarpack has broken ground on its 25 MWp Pozo Almonte Solar project in Chiles Tarapacá. It is scheduled for completion by the end of 2013.
Insolvency petition submitted for Wuxi Suntech
Suntech Power Holdings Co. Ltd has today announced that a petition for insolvency and restructuring was filed against subsidiary Wuxi Suntech Power Holdings Co., Ltd on Monday, March 18. Wuxi Suntech has not objected to the filing.
China: Scaling back ambitions and overhauling PV subsidies
This years PV Project Implementation Conference China saw around 80 solar industry professionals gather to discuss large-scale opportunities in what is tipped to be the biggest PV market of 2013. In contrast to the governments declared 10 GW targets, forecasts are that just 8 GW of new PV will be added in China this year. Meanwhile, rumor has it, the Golden Sun Program will soon be scrapped.
Germanys proposed electricity price break faces failure
Talks between Germanys Federal Environment Minister and state representatives ended inconclusively yesterday. As such, no agreement on the electricity price break is expected this week.
Italian-Chinese talks over 32 MW PV park in Greece
Italy-based Energy Resources Ltd announced it has signed a 50 million contract to build a 32 MW photovoltaic park in Greece.
MEA region PV demand to reach 1 GW in 2013
In a report released today, NPD Solarbuzz has predicted that photovoltaic demand from the Middle East and Africa (MEA) will total 1 GW in 2013. This represents a 625% increase on the 136 MW of demand in 2012.
Germany: Altmaier still for storage incentives
Germany’s Federal Environment Minister is still advocating PV storage incentives from May onwards. However the funding issue remains unresolved. Peter Altmaier also mentioned at the Energy Storage conference in Düsseldorf that he expects more than 4 GW of PV development in Germany this year.
S.A.G. Solarstrom secures 40 million PV financing
Germanys Deutsche Bank has again agreed to finance S.A.G. Solarstroms photovoltaic plans for the coming year. Work is expected to begin in Q2 2013.
SEIA: US PV system prices fall despite tariffs
The impact of module prices are always discussed in connection with import tariffs on Chinese photovoltaic products. In the U.S. prices continue to fall, despite the tariffs imposed last year. However, the comparison is lopsided given the significantly higher price levels in the U.S. than in Germany.
Italy: Mitsubishi, INCJ and Solar Ventures to acquire up to 150 MW of PV projects
Mitsubishi Corporation (MC), Innovation Network Corporation of Japan (INCJ) and Solar Ventures have acquired a photovoltaic project portfolio in Italy worth 42 MWp. They are looking to add projects totaling 150 MWp to this.
