Welspun Energy Ltd has closed financing worth INR 8.85 billion on its 130 MW photovoltaic project, located in Madhya Pradesh, India.
Commercial operations are now underway on NRG Energy Inc.s 26 MW photovoltaic plant, located northeast of Borrego Springs, in California, the U.S. The generated electricity is being sold to San Diego Gas & Electric (SDG&E ) under a 25 year PPA.
According to the latest figures, 300 MW of newly installed photovoltaic capacity was added to Greeces grid in January. Meanwhile, new forecasts estimate 2.58 GW and 2.82 GW of cumulative capacity at the end of 2013 and 2014, respectively.
Germanys stock exchange has reorganized its indices. From the middle of the month, SolarWorld AG will be removed from the TecDAX.
An inverter buyers survey conducted by IHS Inc. revealed that there is a growing need for energy storage in PV systems. More than 400 global PV inverter customers responded to the survey, of which a third expect to be using energy storage in over 40% of the PV systems they install by 2015.
Jakson Power Solutions has commissioned a 20 MW photovoltaic plant in Indias Rajasthan. The Indian company intends to install a further 80 MW over the next three years.
Sonnedix Group has completed a 9.5 MW photovoltaic plant in Chiang Rai, northern Thailand. The project marks a 100 MW milestone for the company.
As of today, March 5, all Chinese photovoltaic modules and their main components coming into the EU must register with national customs authorities. This means should anti-dumping tariffs be imposed at the end of the year, they could be retroactively applied.
Panasonic Eco Solutions Energy Management North America and Pristine Sun will install 50 MW of photovoltaics in California, the U.S., over the next 24 months. The generated energy will be sold to PG&E.
Germany-based CIGS thin film manufacturer Solarion AG has applied for self-administrative insolvency with the District Court in Germanys Leipzig. Lucas Flöther has been appointed trustee to oversee the restructuring.
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