South African bank approves $375 million for 8 PV projects
The Development Bank of Southern Africa (DBSA) has approved US$1 billion for the development of 14 renewable energy projects in South Africa, including eight photovoltaic projects.
15 MW PV plant planned for Mauritania
Abu Dhabi-based Masdar has announced it will build a 15 MW photovoltaic plant in the Islamic Republic of Mauritania. When complete, it is expected to be the first plant of its kind in the country.
UK solar companies seek £50 million in compensation
A number of U.K. solar companies are seeking compensation from the government over its proposed photovoltaic feed-in tariff cuts, unveiled last October. A formal “Letter Before Claim” has been sent to the Department of Energy and Climate Change (DECC).
Siemens withdraws from Desertec
Siemens has said it will pull out of Desertec by the end of December. Media is also examining Boschs exit from the desert power project.
India: Tamil Nadu unveils ambitious solar policy
Tamil Nadu is the next Indian state to introduce a specific solar policy. With the aim of installing three GW by 2015, it is ambitious in its scope. It is also the first policy in India to introduce net metering guidelines.
Siemens exits solar business
Siemens AG has announced it will no longer be active in the solar industry, and will instead focus on wind and hydro power in the field of renewables.
Eurus Energy unveils 10 MW PV plans for Japan
Eurus Energy Group has announced it will build a 10 MW photovoltaic plant in Japans Osaka prefecture.
Belectric takes Konarka GmbH over
Germany-based Belectric has taken the insolvent Konarka GmbH over. The announcement marks the companys entrance into the organic photovoltaic market.
LDK and Heng Rui Xin Energy enter into share purchase agreement
Chinas LDK Solar and Heng Rui Xin Energy Co. have entered into a share purchase agreement, under which Heng Rui Xin Energy will acquire 19.9% of LDKs share capital.
81.5 MW PV plant planned for Japan
Marubeni Corporation has announced its plans to build an 81.5 MW photovoltaic plant in Japans Oita prefecture.
