Spanish photovoltaic provider Isofoton has reached an agreement to commercialize a photovoltaic electric vehicle (EV) charging system. The “Ferrolinera” EV charging stations will provide more than 1,000 EV charging points throughout Spain.
In a country where development projects are often bold, the United Arab Emirates (UAE) has launched a solar park that, when completed, will be worth some 1,000 megawatts (MW).
While some sections of the photovoltaic industry continue to bend under the weight of weak demand and oversupply, the latest figures show venture capital investment at new highs.
Taiwanese company AU Optronics Corporation begins its trial in the case brought against it, its subsidiary AUO America and five of its current and former executives by the U.S. Department of Justice (DOJ).
CEE (Conetwork Erneuerbare Energien Holding GmbH & Co. KGaA) will be acquiring two new PV ground-mounted systems to add to its expanding solar portfolio. The total capacity that CEE owns will then increase to more than 70 MW (megawatts).
The annexing of PV systems in 2011 has been concluded to have been even higher than in record year 2010, says the German Federal Network Agency. In 2011, approximately 7,500 MW of PV installations were installed.
The European markets remain important for solar despite the financial uncertainty. Lux Research’s Solar Demand Forecaster, a customizable platform for tracking IRR (internal rates of returns) and projecting future growth through 2016, has identified the top five locations by IRR for the first quarter of this year.
Solar developers in Gujarat with projects under construction have been given a month’s extension to complete their plants without losing their preferential payment rates. The deadline has been extended to January 28, 2012.
Munich-based Centrosolar AG will expand its field of activities with this takeover. The purchase is still subject to approval by the German Federal Cartel Office.
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