All News

It seems likely that the entire one GW Blythe Solar Power Project (BSPP) will use photovoltaic technology instead of solar thermal. The cost competitiveness of photovoltaics is said to be a key reason.

Lux Research has released a forecast that expects lithium-ion and molten-salt battery costs to fall to US$500/kWh by 2022. This is predicted to bring down the high capital cost of emerging grid storage technologies. However, it is still double the target of US$250/kWh.

A month after U.S.-based Konarka Technologies, Inc. filed for bankruptcy, its wholly owned German subsidiary, Konarka GmbH has followed suit at the Nuremberg District Court.

On June 22, the Renewable Energy Corporation (REC) announced a number of financial restructuring measures including measures to restructure its revolving debt facility and to offer approximately 870,000 million new shares to raise around NOK1.3 billion (US$218 million).

Spain-based Solarpack has won a contract to build, develop and manage two photovoltaic plants worth 25 MW in the Tarapacá region of Chile.

The Kansai Electric Power Co. restarted its third unit at the Ohi nuclear plant on Sunday, amidst public concern and protest. It is the first nuclear reactor to come back online after Fukushima.

It is only a matter of time until SolarWorld AG finally files an anti-dumping (AD) complaint with the European Commission, alleging that China has flooded the German market with underpriced solar cells and modules, to the detriment of domestic manufacturers and in deviation from fair trade policies. In anticipation that the case will come sooner rather than later, Jefferies Group, Inc. held a conference call to provide insights into the differences between how trade cases are handled in the United States and the EU.

Germany’s Dessau/Rosslau district court has opened insolvency proceedings for Q.Cells. The insolvency administrator says no redundancies are expected, however, and that a number of interested parties have been invited to conduct due diligence.

Through a strategic alliance, formed in 2010, Turner Renewable Energy and Southern Company have acquired a 20 megawatt (MW) photovoltaic power plant in Nevada. The plant was built by SunEdison and will be completed during the third quarter of 2012.

On July 1 Australia’s new tax on carbon emissions came into effect, in the face of major opposition from conservative parties and public opposition. At the same time the new conservative Liberal-National Government in the state of Queensland has threatened to withdraw support for the Solar Dawn concentrated solar power (CSP) project.