Taiwan: NSP and DelSolar plan to form country's largest solar company
Taiwans Neo Solar Power (NSP) and DelSolar Co. have announced their intention to consolidate their photovoltaic cell and module businesses, thus creating the countrys largest solar company. While the strategic cooperation will begin with a tender offer, plans for a merger are on the table.
EU funds 22 MW PV plant in Burkina Faso
The E.U. has said it will provide 25 million towards the cost of 22 MW photovoltaic project in Burkina Faso. It is expected to be the biggest plant of its kind in West Africa, when online in late 2013.
Martifer Solar awarded bid to build Mineirão PV plant in Brazil
Portugals Martifer Solar has won its bid to develop the 1.60 MW Mineirão photovoltaic plant on the Governador Magalhães Pinto (Mineirão) football stadium in the Brazilian city of Belo Horizonte.
Narrow geographical focus stalling Indian solar industry
In its new Indian Solar Handbook, Bridge to India has taken a look into the inconsistencies which dog the industry in the sub-continent. While there are promising project prospects in the country, a narrow geographical focus is highlighted as one of its photovoltaic weak points.
Obama set to meet Chinese premier on Asian trip
With U.S. President Barack Obama expected to meet with Chinese premier Wen Jiabao during tomorrow’s East Asian Summit (EAS) the White House hinted obliquely that the ongoing solar trade dispute may form part of the fringe talks.
December poly price recovery a false dawn
The global spot price for polysilicon continued to plummet in October and is expected to continue its descent this month, according to the IHS Solar Polysilicon Price Index.
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.
