Solar Millenium US investments file for Chapter 11; company gets sued
Solar Millenium faced a double-low as the company revealed that its U.S. subsidiaries and investment have filed for Chapter 11 bankruptcy. Former CEO Utz Claassen also decided to sue the company and part of its subsidiaries for defamation.
Standards development for smart grid
The IEEE Standards Association has announced five new standards and a modified standards development project to aid the efficient rollout of smart grids worldwide.
Ukraine: 31.55 MW PV project completed
Activ Solar has finished work on another large-scale photovoltaic plant in the Ukraine. The 31.55 megawatt (MW) project is located in the village of Mityaevo, Crimea.
Australia: Location-specific feed in tariffs launched
In remote parts of the vast state of Western Australia, photovoltaics are about to get more attractive for businesses and households. An electricity retailer in the state has launched an energy buyback scheme for photovoltaics where residents in remote areas will receive more for the photovoltaic electricity they feed back into the grid.
India: First Solar powers 40 MW Rajasthan project
First Solar’s modules have been used to power a 40 megawatt (MW) ground-mounted photovoltaic power plant in Rajasthan that will provide clean energy to Mumbai.
2011, a challenging year for Day4 Energy
Day4 Energy reported its 4Q2011 and full year results adding that 2011 was very challenging for the solutions provider.
S.A.G. Solarstrom successfully concludes sale
German company S.A.G. Solarstrom has successfully concluded sale of 48 megawatt peak (MWp) project to BNP Paribas Clean Energy Partners.
'Fast Track' project to develop thin film technology
Eighteen European partners have come together to work on the next generation thin film modules for better efficiency. The project has been awarded 9.3 million in funds from the EU.
Solar Frontier supplies 3.8 MW to juwi-developed project
Solar Frontier announced that it has supplied modules to a 3.8 megawatt (MW) installation for the Public Service Electric and Gas Company (PSE&G) electric utility in New Jersey, the U.S. Juwi solar developed the project.
Germany: VDMA forecasts lower sales, excess capacity
The German Engineering Federation or VDMA (Verbandes Deutscher Maschinen- und Anlagenbau) has conducted a current business climate survey and forecasts that the order situation of manufacturers of photovoltaic components, machinery and equipment in Germany at the end of the first quarter of 2012 has cooled considerably.
