Debt-ridden LDK sells off another 12% stake
The carve-up of debt ridden LDK Solar continued with the disclosure yesterday that the British Virgin Islands-registered Fulai Investments Ltd has paid US$31.1 million for a 12% stake in the ailing Chinese manufacturer.
1.1 GW of new solar capacity in India in 2013
With 4.4 GW of new solar projects expected to be announced in India in 2013, only around 1.1 GW will be online by the end of the year, according to consultants Bridge to India.
Nuclear to play second fiddle to renewables in western Europe
With the UK government under fire as opponents of its Energy Bill claim it is biased towards nuclear and gas at the expense of renewables, new research could make interesting reading for Tory Chancellor George Osborne.
Updated PV GRID platform provides comparisons for European PV installations
The PV GRID platform launched its national updates on 16 European countries’ frameworks for installing photovoltaic systems, providing a wealth of information on photovoltaic installations progress and barriers in Europe.
PV division obliterates Bosch Group's 2012 profits
The impact of plunging PV prices throughout 2012 has been graphically illustrated with the release of full-year figures by global technology giant Bosch.
UK: Solar installers and developers sue government for £140m
A group of British “solar and construction companies” has announced its intention to claim £140 million (US$222 million) in damages against the government of its handling of reductions to the solar FIT in 2011 and 2012.
Obama renews oath of office and "obligation" to sustainable energy
Following a presidential campaign during which climate change was acknowledged only with respect to how the severe weather might affect the candidates schedules for the day, sustainable energy finally featured prominently in Barack Obamas 15 minute inaugural Speech on Monday, January 21. The address was delivered in front of close to 750,000 Americans on the National Mall in Washington, DC.
Chinas increasing PV consumption
While President Obama’s remarks about supporting renewable energy grabbed headlines, data is emerging which is confirming Chinas increasing role as an end market for photovoltaic modules, according to industry analysts NPD Solarbuzz. In Q4 2012, China consumed 33% of global shipments, according to the report.
US losing its share of $1tn global solar revenues
A report into the future of the U.S. clean energy industry has called upon President Obama and Congress to introduce measures to ensure the country does not fall further behind in the global renewable energy revolution.
Chile prepares to add 2.2 GW of solar power generation
Chile’s National Energy Commission (CNE) says it is feasible to connect up to 2.2 GW of solar plants to the national grid over the next 15 years, in a newly published plan for the expansion of the national transmission system.
