Portugal: Solar industry fears IMFs decision
The Portuguese photovoltaics industry could be at risk, following the final report by the International Monetary Fund (IMF), the European Central Bank (ECB) and the European Union (EU) on Portugals bailout, which recommended a reduction in state support regarding the production of electricity from renewable energy sources.
Hundreds protest against Australian solar tariff reductions
Angry solar panel owners in Australia have protested across the state of New South Wales today after the new coalition government decided to alter the funding for solar installations, including dropping the feed-in tariff from 60 to 40 cents (45 to 30 euro cents) per kilowatt-hour on already existing contracts.
Canada: Schmid sells 60 MW PV module line to Magnum Pv
Marking its entry into the North American market, Schmid has sold a 60 megawatt photovoltaic module line to Ontario-based Magnum Pv.
Tianwei New Energy signs supply contract; announces factory expansion
Tianwei New Energy (Yangzhou) is to supply Germany-based Pairan with 280 megawatts (MW) of photovoltaic modules over the next two years. The company also announced its factory expansion plans.
GCL-Poly begins construction on 5 MW San Diego project
GCL-Poly Energy Holdings Limited has begun construction on a five megawatt photovoltaics project, located in the U.S.s San Diego Unified School District (SDUSD).
Trina: Sequential declines seen, but YoY figures up; capacity expansion announced
Trina Solar Limited has seen its solar business decline in the first quarter of 2011. Year on year figures are, however, up. Looking ahead, the company will expand its in-house production capacity. It has also announced a 130 megawatt sales agreement with Mohring Energie GmbH.
Suntech expands Arizona PV facility
Suntech Power Holdings Co., Ltd. has introduced a third production shift at its photovoltaic panel manufacturing facility in Goodyear, Arizona. The expansion has created an additional 30 jobs.
Ecuador adopts FITs
The electricity authority of Ecuador has adopted a system of feed-in tariffs for the development of renewable energy. The regulations cover both continental Ecuador and the Galápagos Islands.
Solar plane completes first international flight
Having successfully completed its first night flight last July, the Solar Impulse HB-SIA airplane has now completed its first international flight.
Roth & Rau urges shareholders to accept Meyer Burger offer
In publishing their joint statement pursuant to Meyer Burger Technology AGs voluntary public takeover offer, the Management and Supervisory Boards of Roth & Rau AG have recommended that its shareholders accept.
