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Restructuring plan for Solarwatt expected by end of July

Solarwatt has said that by the end of July, it will submit a restructuring plan, with the expectation that the process will be completed by the end of September. Furthermore, its module warranty has been secured.

Solar stocks react well to government incentives in Japan

The power of governmental legislation in driving solar stocks was again brought to the fore this week, as prices rose sharply on the back of favorable information coming from Asia.

Study: PV would reduce electricity prices for Texan consumers

According to a new study, adding photovoltaics to the Texan electricity grid would “significantly” reduce energy prices.

New York state unveils new PV initiative

U.S. Governor, Andrew Cuomo has announced the introduction of a new photovoltaic initiative in New York, which aims to significantly increase the amount of customer-sited solar power in the state over the next two years.

JinkoSolar misses Q1 module shipment guidance

Amid the still challenging solar market conditions, Chinese photovoltaic module manufacturer, JinkoSolar saw some first quarter (Q1) 2012 financial improvement. However, it is still suffering massive losses, compared to Q1 2011. Meanwhile, the company missed its module shipment guidance.

$185 million earmarked for 40 MW Peruvian solar project

The U.S. Government’s development finance institution, the Overseas Private Investment Corporation (OPIC) has approved US$185 million worth of financing for two 20 MW solar plants in Peru.

Solar pioneer calls for more PV communication

In an exclusive interview, pioneering photovoltaic researcher, Martin Green has called for more efforts to be made in advocating photovoltaics in the wider community and within the power industry.

Toshiba plans 100 MW of solar for Japan

According to media reports, Toshiba Corp. is planning to install 100 MW worth of solar in Japan’s in Minami Soma.

Germany: RWE turns off nuclear and looks to solar power

German utility giant RWE is now considering investments in solar energy and wants to completely move away from nuclear power. The new chief executive seeks to restructure the energy giant.

California: Soitec Solar receives $25 million for CPV expansion

One of Soitec Solar’s U.S. subsidiaries has received a US$25 million Department of Energy (DOE) grant to support its concentrator photovoltaic (CPV) module expansion.

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