LDK and CIC Group to cooperate on PV projects
Germany-based CIC Group has announced that it will work on photovoltaic projects for LDK Solar. It will also act as a distributor for the Chinese manufacturer.
Germanys Energy Minister opens 13 Forum Solarpraxis
Germanys federal Energy Minister, Peter Altmaier has opened the 13th Forum Solarpraxis. In his speech, he linked his political fate with the success of the energy transition. In the coming week, Germanys first EEG dialogue on photovoltaics is expected to take place.
Ukrainian PV market on the verge of expansion
The maturing photovoltaic markets in Germany, Spain, France and Italy, and recent feed-in tariff cuts in a number of key markets have prompted solar investors to look for new opportunities in south east European (SEE) nations and Commonwealth Independent States (CIS). Ukraine is presenting one logical and very interesting investment alternative.
Renewable energy VC funding to triple
A new report, released today by Frost & Sullivan, has predicted that venture capital (VC) funding to renewable energy technologies is set to triple by 2020. The analysts report that this is due to, “environmental support for lower carbon footprint, and innovation in renewable energy technologies.”
Meyer Burger to cut workforce further
Meyer Burger Technology Ltd has announced it will cut around 250 jobs across the group. The Swiss company has already reduced its workforce by around 500 this year. The challenging photovoltaic market conditions have been cited as the reason.
345 million investment secured for Moroccos Ouarzazate solar project
The first 125 to 160 MW phase of the 500 MW Ouarzazate solar project has secured 345 million in funding from Europe. It is expected to be operational by 2015. Meanwhile, sources report that a US$1 billion PPA has been secured for the project.
US: Georgia Powers solar initiative approved
The Georgia Public Service Commission (PSC) has approved Georgia Powers Advanced Solar Initiative (GPASI). Overall, the utility aims to acquire 210 MW of solar power over the next two years.
Solar Millennium transfers 26% stake in 50 MW Spanish solar project to STEAG
The insolvent Solar Millennium AG has officially transferred its 26% stake in the 50 MW Arenales Spanish solar project to Germanys STEAG 1 Beteiligungsgesellschaft GmbH.
US announces Asia-Pacific energy partnership
The Presidents of the U.S. and Indonesia, and the Sultan of Brunei have proposed the formation of U.S.-Asia Pacific Comprehensive Partnership for a Sustainable Energy Future. Under the partnership, the U.S. has said it will provide up to US$6 billion in support.
Germanys Altmaier sees benefits of PV cuts
Germanys Environment Minister expects new photovoltaic capacity additions to halve in 2013. These expectations would fall in line with the governments annual expansion plans.
