PPA signed for 50 MW New Mexico PV park
El Paso Electric Company (EPE) has signed a PPA for Element Power’s 50 MW Macho Springs photovoltaic plant near Deming, New Mexico.
Industry analysis: Half of tier 3 polysilicon suppliers face bankruptcy
The bleak outlook for the global polysilicon industry has been laid bare by the prediction that half of the world’s tier 3 polysilicon suppliers face bankruptcy in the months ahead.
Were under no pressure to sell modules at a loss Canadian Solar CEO
Tier 1 photovoltaic module supplier Canadian Solar has released Q3 figures that show declines in the volume of modules shipped and in revenue, thus culminating in a net quarterly loss of US$43.7million.
China: New leadership in Beijing and plenty of promise for distributed PV in Guangdong
Organized by SEMI China, the Distributed PV Application and Commercialization Forum opened today in Shunde, Guangdong province. Overall, it was felt that Chinas new Presidential appointments will bode well for the domestic photovoltaic market, and that Guangdong and China are about to do a lot more in distributed photovoltaic power.
IEA: Renewables to rival coal by 2035
Unhampered by a massive surge in the output of oil and natural gas, especially in the U.S., renewables will take their place in the sun by 2035, according to the findings of the World Energy Outlook 2012. Overall, solar power is expected to grow more rapidly than any other renewable technology. Subsidies will continue to play a key role in development, however.
32 MW PV plant given go ahead in UK
Lark Energy has received planning permission to build the U.Ks largest photovoltaic plant in Leicestershire. It is expected to be online before the end of next March.
UK: Renewables eliminate need for nuclear power
According to a new report, the “explosive” growth of photovoltaics in the U.K., and the related falling costs, mean the market for nuclear is disappearing. Combined with “stiff competition” from other renewables, the case for investing in nuclear is shaky at best.
Moderate solar growth envisioned for UAE
According to a new survey, moderate not major growth is predicted for the United Arab Emirates solar industry. The results were presented at Solarpraxis Solar Industry Summit Middle East 2012, held today in Dubai. Meanwhile, Siemens indicated its intention to work in the region.
CPV system prices to decline 16% annually to 2016
Concentrated photovoltaic (CPV) cost reductions and “major” technological advancements will see global installations rising to almost 1.2 GW by 2012, states IMS Research.
SolarWorld announces significant Q3 losses
SolarWorld AG has suffered significant losses in the first three quarters of 2012, compared to the previous year. To improve the situation it will, among other measures, cut back on personnel. The company is very firmly laying the blame at the feet of the Chinese photovoltaic manufacturers.
