Inventux investors from Chile and Argentina
Recently rescued, Berlin-based Inventux Technologies has presented the plans of its new investors. While the names have still not been unveiled, it has been said the buyers come from the mining industry and infrastructure sector in Argentina and Chile.
Solar ITCs deliver positive IRRs to US government
A new analysis of the U.S. Federal Solar Investment Tax Credit (ITC) claims that both residential and commercial photovoltaic projects supported by the ITC can deliver a nominal 10 percent internal rate of return (IRR) to the U.S. government.
US injects $43 million into energy storage research
The U.S. Department of Energy (DOE) has made US$43 million worth of funding available to 19 energy storage research projects.
MEMC sees solar revenues rise
Despite the continuing difficult market conditions, MEMC Electronic Materials, Inc. has seen its second quarter (Q2) 2012 financial results improve on the back of stronger solar energy revenues. Despite this, it has declined to provide specific guidance for the rest of the year, due to ongoing uncertainty.
India and Chile to collaborate on solar development
According to the Indian government, Chile and India are gearing up to exchange their renewable energy knowledge. Solar energy is believed to be a particular focus.
China: GCL-Poly to develop 973 MW of PV
GCL-Poly Investment Limited has signed a letter of intent with China Merchants New Energy Limited and China Technology Development Group Corporation to develop 973 MW of photovoltaics in China between 2013 and 2015.
Greece sets new monthly PV record in June
Ninety seven MW worth of photovoltaics were installed in Greece in June, thus setting a new monthly record for 2012. To date, the country has installed 724 MW.
MOU signed to develop renewable energy on withdrawn US public lands
The U.S. Department of the Interior and Department of Defense (DoD) have signed a memorandum of understanding (MOU) to develop renewable energy, including solar, on public lands withdrawn for defense-related purposes.
Inventux saved by South American investors
The insolvent, Germany-based Inventux has been saved. More than half of the companys workforce will be retained.
North Africa: Maghreb countries are preparing for the solar sector
With its high solar radiation and growing demand for energy, North Africa is set to become a big future solar market. pv magazine spoke with expert Badr Ikken, director and co-founder of Moroccan-based National Institute IRESEN about the current situation in the region, and its potential.
