PV inverter market to reach US$8.5 billion in 2014
According to IMS Research, the global PV inverter market is expected grow at compound annual rates of nearly 25 percent. IMS also adds that seven million inverters are expected to be sold in 2014 compared to less than one million in 2009.
Uganda launches FITs
Without any big pompous announcement, Uganda has announced a feed-in tariff scheme for its country’s renewable energy.
Toshiba to build solar plant in Bulgaria
Toshiba and Tokyo Electric Power will be teaming up with the Japanese government to construct one of the largest solar power stations in the world in Bulgaria according to reports.
Greece grants license for CSP tower
A 38 megawatts solar electricity license has been granted by the Greek regulatory agency to Nur-MOH SA for the construction of the reportedly largest concentrated solar power tower installation in Europe on the island of Crete.
Kyocera expands in Czech Republic and China
Kyocera is increasing its solar module production capacity with the start of its second plant in Kadan, Czech Republic and the completion of an expanded assembly plant in Tianjin, China. Kyocera aims to meet its target of one gigawatt by the financial year 2013 through its expansions.
Abu Dhabi solar power plant on schedule
Masdar, Total S.A. and Abengoa Solar are on track to begin operations at the 100 megawatt concentrated solar power (CSP) plant in the Gulf emirate in the third quarter of 2012 according to the Spanish Abengoa.
Innotech buys a third of REC solar facility
Innotech has bought approximately a third of the shares of the Renewable Energy Corporation’s (REC) solar module manufacturing at Glava, Sweden. The facility has a capacity of 150 megawatts per year.
German PV funding compromise
Branch representatives and members of the German government have come to an agreement on the adjustment of solar incentives. The EuPD Research sees this as a step to an earlier than planned reduction.
Production line in West Africa
3S Modultec is selling an integrated solar panel production line to West Africa. Senegalese solar company SPEC is developing the first solar panel factory in West Africa with support from 3S Modultec.
Smart Grid's best year
Mercom Capital in Texas, U.S. has released a report stating 2010 as the best year smart grid has had.
