Approvals for Greek PV systems stopped, drastic cuts introduced
The Greek government has said it is seeking to restore liquidity to the electricity market through the introduction of new measures. A part of this change will see photovoltaic funding drastically cut and approvals for PV systems stopped.
Interview: Centrotherm discusses reorganization proceedings and future strategies
pv magazine caught up with Tobias Hoefer, the expert for reorganization on the board of Centrotherm AG and responsible for insolvency protection proceedings, and with CTO, Peter Fath to discover the current state of affairs, following the companys chapter 11 insolvency protection filing in July.
Grid Alternatives secures $2 million for Colorado expansion
U.S.-based non-profit solar company, Grid Alternatives has secured US$2 million from Wells Fargo for its expansion into Colorado.
Hanwha wants to keep Q.Cells' German production
According to media reports, Hanwha is interested in keeping Q.Cells photovoltaic production in Germany. However, it is still unclear whether a final offer has been made.
Sunways sees significant Q1 losses
Sunways AG has recorded significant Q1 2012 financial losses on the back of material production shortages and selling price pressure. Sales revenues in Asia did see an upturn, however. Looking ahead, the company has declined to issue any guidance.
Isofotón signs PPA for 50 MW PV plant in Dominican Republic
Following the signing of a PPA between Spain-based Isofotón and the Dominican Republic government, work can finally proceed on the company’s 50 MW photovoltaic plant.
PV module price declines continue
Photovoltaic module prices have fallen by more than 2% in July and 44% year-on-year, according to the latest figures from IMS Research. August is predicted to see a slight increase, however.
Australia: $40.7 million grant secured for PV research
Hailed as “historic”, the University of New South Wales (UNSW) and the University of Queensland have been awarded a AU$40.7 million grant to establish two photovoltaic research programs.
BIPV to add 4.6 GW of new capacity by 2017
Between 2011 and 2017, the building integrated photovoltaics (BIPV) market is forecast to add 4.6 GW of new capacity, thus making it one of the fastest growing solar industry segments.
Suntechs Shi steps down
In a surprise announcement, Suntech Power Holdings Co. Ltd has said founder Zhengrong Shi one of the most prominent solar industry figures has stepped down from his CEO position. The company will now be led by David King.
