Solar VC funding plummets
According to the latest figures, venture capital (VC) funding in the solar industry has plummeted in Q3 2012, leading it to become the first sub-$100 million quarter since 2008 for the industry. On a positive note, solar leasing is said to be strong.
Gestamp Solar to develop 300 MW of solar projects in Japan
Spanish company Gestamp Solar has partnered with Kankyo-Keiei for the development of solar projects in Japan, with a focus on rooftop installations. The projects are to be undertaken over a three year period.
India: Only 67.25 MW of PV added in last quarter
Bridge to India has released its October edition of the India Solar Compass. The report finds that between July and September there has been a drastic drop in PV capacity addition compared to prior quarters. The key question is how viability gap funding (VGF) will impact the market under phase two of the National Solar Mission or NSM.
Little daylight evident in Sunways' Q2 figures
Sunways AG has released its second quarter figures and, like the rest of the industry, the headline numbers make for grim reading.
Germany: Ronneburg solar park inaugurated
Thuringia’s Minister for Trade and Industry, Matthias Machnig has inaugurated a 20 MW solar park installed by juwi on a former uranium ore mine in Ronneburg. This is said to be the largest photovoltaic installation in the state.
Japan: SMA will supply 70 MW project in Kagoshima City
SMA Solar Technology will supply a 70 MW solar project operated by Kagoshima Mega Solar Power Corp. in Kagoshima City, in southern Japan.
Japan: Siliken will supply Japan Railway Group installation
State-owned Japan Railway Group has picked Siliken as its photovoltaic module supplier for its first installation in Kyushu, Japan.
EPIA report anticipates a PV future for Europe
With release of its report “Connecting the sun: solar photovoltaics on the road to large scale grid integration”, the European PV Industry Association (EPIA) predicts that solar PV can provide up to 25% of the continent’s electricity supply by 2030.
PV Taiwan: China, Japan and EPC hold the key
Reasons to be cheerful and more opportunities to take advantage of. That’s the consensus of PV Taiwan 2012, which closed its doors this afternoon in Taipei.
Sumitomo invests in 550 MW solar farm
Sumitomo Corporation of America (SCOA) and parent Sumitomo Corporation have invested in the Desert Sunlight solar farm in the Californian desert. This is Sumitomo’s first U.S. solar investment.
