Global solar market to reach $75.2 billion by 2016
New solar technology like concentrated solar power (CSP) and the opening of new markets are tipped to become a strong growth engine for solar moving forward, according to a new report looking at how the industry will develop before 2016.
Germany: Work on 84.5 MW PV plant underway
Expansion work has begun on the 24.3 megawatt (MW) FinnowTower I photovoltaic power plant in Schorfheide, northeast of Berlin. When complete, the project will be 84.5 MW and, thus, the largest of its kind in Europe.
Solarpack awarded 16 MW Peruvian PV project
Under the second renewable energy tender (RER) of Peru, Spanish photovoltaic company Solarpack says it has been awarded the “entirety of the solar energy segment”.
Solyndra third solar company to file for Chapter 11 relief
Solyndra LLC has announced its intention to file for relief under Chapter 11 of the U.S. Bankruptcy Code following the immediate suspension of its manufacturing operations and lay off of around 1,100 employees.
Siemens receives 25 MW worth of PV plant orders
Siemens Energy has received orders, from multiple customers, for the turnkey construction of 15 photovoltaic plants worth 25 megawatts (MW) in Italy and the overseas department of France, Martinique and Guadeloupe.
Australia: Victoria FIT cut announced
Australias Victorian State Government today announced a new ‘transitional feed-in tariff’ (TFiT) for rooftop solar panels, joining most of the other Australian states in drastically reducing the amount paid to customers.
20 MW NRG Solar PV project up and running
NRG Solars 20 megawatt (MW) New Mexico photovoltaic project has commenced operations.
S.A.G. grid connects 48 MW PV project
S.A.G. Solarstrom AG has connected its 48 megawatt peak (MWp) North Italian photovoltaic project to the grid yesterday, thus meeting Italys August 31 feed-in tariff (FIT) deadline.
Top three Q2 PV module suppliers are Chinese
Although the photovoltaic module market has suffered setbacks this year, Asian manufacturers are keeping the competition on its toes. According to new research, the top three suppliers in the second quarter of the year (Q2) are Chinese.
Ubbink opens East African PV module factory
Centrotec Sustainable AGs Dutch subsidiary, Ubbink B.V. has opened a photovoltaic module manufacturing factory in Nairobi, Kenya. It is said to be the first such facility in East Africa.
