Mainstream Renewable Power to build 100 MW of PV in South Africa
Having signed all the necessary governmental agreements, Mainstream Renewable Power can now begin work on its two photovoltaic plants worth 100 MW.
Denmark to cut PV subsidies
The Danish government will reduce remuneration for photovoltaic plants following strong growth. The current proposal is to be negotiated in the coming weeks.
Update on 540 kW Turkey PV plant
Last week, pv magazine reported that Gehrlicher Merk Solar had completed a 540 kW photovoltaic plant in Turkey. It has come to light, however, that the project is only expected to be finalized by the end of the year.
US on track to become worlds largest utility-scale PV market
According to new figures, the U.S. is set to become the largest utility-scale photovoltaic market in the world, having recently overtaken Spain. Currently, Germany is sitting in pole position.
Centrosolar revenue plummets; revises FY forecast
Centrosolar AG has seen its Q3 revenues tumbling by more than half, when compared to Q2. Envisioning no pick up in the last quarter of the year, it has revised its full year revenue forecast downwards.
LDK Solar completes Century rooftop PV project in Italy
LDK Solar has announced the design and construction of 7.8 MW of its 12 MW Century photovoltaic project in Italy by its subsidiary Solar Green Technology.
NRG Energys merger with GenOn approved by stockholders
The majority of stockholders from both NRG Energy, Inc. and GenOn Energy, Inc. have approved the merger of the two companies. The final transaction is scheduled for closure in Q1 2013.
Europe confirms CVD investigation into Chinese PV imports
Just hours after the U.S. made its final tariff determination into Chinese imports of photovoltaic products to the U.S., the European Commission (EC) has now announced that it has launched an anti-subsidy investigation into Chinese photovoltaic products coming into the EU.
South Africa: Standard Bank to underwrite $1 billion debt financing for PV projects
Standard Bank Group will underwrite $1 billion worth of debt for the first batch of photovoltaic and wind projects, which signed contracts with South Africas Department of Energy under the countrys Renewable Energy Independent Power Producer Programme (REIPPP) on November 5.
S.A.G. Solarstrom posts small Q3 profit
German photovoltaic project developer S.A.G. Solarstrom has posted EBIT earnings of 2.2 million for Q3 2012. Sales for the company in the quarter totaled 55.4 million, which was more than the previous two quarters combined.
