The Australian Federal Budget was handed down in the capital Canberra today providing mixed news for the photovoltaic industry as the government aims to implement over AUD$20 billion (15 billion) in cuts to return to a surplus.
GCL-Poly Energy Holdings Ltd. has ordered wire saws representing over 2.5 gigawatts of wafering capacity from Applied Materials. The order value was not disclosed.
Cincinnati Zoo and Botanical Garden is enjoying a newly installed 1.56 megawatt photovoltaics system. It is said to be the largest publicly accessible solar array in an urban setting.
The Solar Trust of America has entered the photovoltaics market, having formed a joint venture (JV) with SolarHybrid AG. The new company, SolarHybrid of America, LLC, will develop utility-scale solar projects in North America.
Italys fourth Conto Energia has finally been signed into law. While this is good news, analysts believe the delay has been “extremely disruptive”. The 200 kilowatt ground-mounted market has also taken a blow. Nevertheless, 3.5 to four gigawatts (GW) of installed photovoltaics capacity is expected in the second half of 2011, with further growth predicted in 2012.
The German Federal Minister for the Environment aims to introduce an optional market bonus for renewable energies. Now he has submitted a corresponding benchmark paper that also contains sweeping changes for solar energy subsidies.
Algatec Solar AGs Canadian subsidiary will establish a 50,000 square foot photovoltaic module manufacturing facility in Ontario.
According to news sources, Meyer Burger is not looking to completely take over Roth & Rau. CEO, Peter Pauli states that just 50 percent of its shares would be satisfactory.
MEMC Electronic Materials, Inc. has reported an impressive boost in its year-on-year sales, primarily due to its solar materials division and subsidiary, SunEdison. Its sequential results, however, did decrease, partly due to SunEdison.
Meyer Burger Technology Ltd has received approval from the German Federal Financial Supervisory Authority (FFSA) to publish the offer document regarding its voluntary public tender offer for all non-par-value bearer shares of Roth & Rau AG.
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