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Global PV markets

Trina Solar equips Prosolia’s 10.5 MW UK projects [updated]

Trina Solar Limited has provided Spanish PV group Prosolia Energía with 10.5 MW of PV modules for two projects in the U.K. as the two companies look to continue their collaboration.

First class solar plan for Japanese postal service

The Japanese postal service has announced it will join the ‘Abenomic’ revolution by installing solar PV on the rooftops of 286 post offices across the nation.

Proposals totaling 166 MW submitted to Uruguay’s PV call for tender

Projects totaling 166 MW have been submitted just a few days after the opening of Uruguay’s photovoltaic call for tender. The program for large-scale projects has a cap of 200 MW of photovoltaic at a maximal price of US$91.50 MWh.

After a month of knee-jerk trading, investors and analysts await EU tariff decision

In May, the New York solar equities market took a page from the parable, “The Emperor’s New Clothes.” While investors reacted swiftly to favorable company reports – propelling those stocks prices higher (as in the case of JA Solar) and taking others along for the ride – analysts examining the fundamentals saw little or nothing to recommend.

LDK Silicon's lenders hold fate of the debt-saddled group

Debt-stricken polysilicon, wafer and module manufacturer LDK Solar could be set for more tough talks with lenders after admitting to the U.S. Securities and Exchange Commission (SEC) that it will breach the terms of a June 2011 share sale.

Ontario to remove domestic content requirement from FIT program

Following the failure of an appeal to the World Trade Organization (WTO) decision against the domestic content requirement of its renewable energy FIT scheme, the Ontario Energy Department has announced plans to remove the offending provision.

SolarWorld CEO proposes multi million euro lifeline for the company

Frank Asbeck, CEO and founder of SolarWorld AG, has proposed to invest a double-digit-million euro amount to help his debt-ridden company survive its difficult financial situation, according to German newspaper Handelsblatt.

Google invests $10m in South African solar project

Google director Rick Needham has revealed the search engine giant has invested ZAR103 million (US$10 million) in the Jasper Power Project.

In U.S., mid-size project momentum "puts solar where the sun doesn't shine"

Momentum for municipal/mid-size solar installations is growing in the United States, says NPD Solarbuzz. The research firm’s analysts announced on Wednesday that solar projects in the range from 100 kW to 2 MW account for over 60% of the current U.S. project pipelines.

Isofotón to file for restructuring proceedings following $96 million lawsuit

Hit by unexpected liabilities related to its former management, including a $96 million lawsuit by U.S. polysilicon producer Hemlock, government demands to return subsidies and a refusal by banks to refinance its growing debt, Spanish PV giant Isofotón has been forced to file for restructuring proceedings.

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