Romania: ET Solar wins contract for 50 MW of PV plants
Chinas ET Solar has won a contract to develop three photovoltaic plants totaling 50 MW in Romania as part of the surge into less developed Eastern European markets.
Suntech reduces PV production; announces job cuts
China-based Suntech Power Holdings Co., Ltd has announced it will reduce photovoltaic module production by over 30% at its facility located in Arizona. It will also cut around 50 jobs.
Australia: Federal government cuts solar support
In a surprise move, the Australian federal government announced today that it would bring forward, by six months, the conclusion of a “multiplier” Renewable Energy Credit scheme for photovoltaics. While difficult to generalize over the vast continent, the move is anticipated to increase the cost of the average residential solar array by AUD$700 – $800 (US$723 – $826).
Mexico is in pole position in the race for PV grid parity
The first edition of a newly launched global monitor detailing the race for photovoltaic grid parity has ranked Germany at the foot of the seven countries studied. Meanwhile, Mexico has taken pole position.
Germanys CDU seeks to abolish EEG
While Germany’s FDP politicians call for a rapid reform of the EEG, and the transition to a quota system in the medium term, the CDU party is setting its sights on Europe. Following the EU Energy Commissioners requests for the European-wide promotion of renewable energies, a proposal has been presented to the CDU, which could herald the end of the EEG in Germany.
Prosolia plans 13 MW of PV for Senegal
Senegal-based Prosolia Energie Solaire, a filial of Spains solar energy developer Prosolia Energy, has formalized an accord with the Senegalese Ministry of Energy and Mines in Dakar to install 13 MW worth of photovoltaics in the West African country.
Isofotón given go ahead to develop 50 MW Ecuadorian PV plant
Isofotón has signed an agreement with the National Electricity Council of Ecuador (CONELEC) to install a 50 MW, around US$100 million photovoltaic plant in the parish of Calderón.
New report evaluates global PV
Weighing in at a hefty 56 pages and 2MB, the World Research Institutes (WRI) study of the global onshore wind and photovoltaic industries provides a useful introduction to the renewables story so far, but provides little new insight to seasoned observers.
Intersolar India 2012: The newest technologies in a growing market
The fourth Intersolar India, India’s largest exhibition and conference for the solar industry, drew to a close on November 8, 2012.
Solar business drags down Applied Materials' results
As Applied Materials today revealed its Q4 and financial full year results, chairman and CEO Mike Splinter struck an upbeat note, despite solars poor performance.
