Global solar investment surges ahead
New figures from Bloomberg Energy Finance have shown that while the global economy remains sluggish, clean energy and solar in particular, continues to attract investment.
German equipment sales increase
Capturing a global market share of 50 percent, German equipment manufacturers have recorded year-on-year sales increases of 10 percent for the third quarter 2011, according to VDMA figures. Demand from Asia remains the overwhelming trend.
REC reports contract termination payments
Norway-based solar company Renewable Energy Corporation has today reported wafer contract cash compensation in the order of NOK200 million (USD33.32 million). The payments will be received in the first quarter of 2012.
UK: judgment postponed on High Court FIT appeal
In the case that all the solar industry in the UK will be watching closely, judges at the Court of Appeals said today that they will deliberate on the governments appeal against the High Courts recent findings that its cuts to the photovoltaic feed-in tariff (FIT) rates were unlawful.
CPS Energy to launch massive, 400 MW solar project in San Antonio
Theres an old saying that everything is bigger in Texasand San Antonio is no exception. Now, the citys utility, CPS Energy, is about to sign a 25-year power purchase agreement (PPA) with OCI Solar Power for up to 400 megawatts (MW) of energysealing one of the largest solar deals ever in the United States.
2011: PG&E receives 185 MW in new PV power
One of the largest electric utilities in the U.S., Pacific Gas and Electric Company (PG&E), has announced that 185-megawatt (MW) worth of new photovoltaic projects came online in 2011. The capacity was spread across eight project sites.
UK: Court of Appeal hears FIT appeal
Uncertainty in the UKs solar industry may be reduced today as the Governments appeal against a High Court ruling that its feed-in tariff (FIT) cut was illegal is heard. The High Courts initial ruling was made in response to a case brought before it by the environmental NGO Friends of the Earth and a coalition of solar companies.
JinkoSolar moves into France
Chinese manufacturer JinkoSolar has announced that it will open a French subsidiary. The new office will be located in Montpellier, which the company describes as being in Frances “sun belt”.
Schott Solar halts wafer manufacture
In what it says are efforts to realign its business away from upstream manufacturing, Schott Solar announced today that it will discontinue its wafer manufacturing processes. 290 jobs will be affected by the move.
Isofoton to commercialize Ferrolinera EV charging system
Spanish photovoltaic provider Isofoton has reached an agreement to commercialize a photovoltaic electric vehicle (EV) charging system. The “Ferrolinera” EV charging stations will provide more than 1,000 EV charging points throughout Spain.
