In a country where development projects are often bold, the United Arab Emirates (UAE) has launched a solar park that, when completed, will be worth some 1,000 megawatts (MW).
Thin-film manufacturer First Solar has been investing heavily in politically lobbying, both in Washington and in the state of California, a report from Bloomberg has observed today. USD2.2 million has been spent since 2007.
A German investment protection body is investigating whether Solar Millennium has broken financial laws. Financial authorities and attorneys are conducting investigations into Hannes Kuhn, the companys chairman of the Supervisory Board and founder, who has recently stepped down.
In a move that has been anticipated for some months, Californian photovoltaic manufacturer SunPower has announced that it will purchase French solar company Tenesol SA from Total SA.
While the economic environment of falling prices and oversupply is pushing many photovoltaic manufacturers to the brink, a new major entrant to the market could present a whole new set of challenges to incumbent manufacturers.
For the second time, an Australian state government safety review has found that non-compliant photovoltaic installations are posing a fire risk to some homes. The countrys Sustainable Energy Association has heavily criticized the review, which was carried out in the state of Western Australia (WA).
The photovoltaics industry is going through some major changes. A still deteriorating global economic situation, government belt-tightening and a number of corporate incidents have left the industry in an unfamiliar, unhealthy state at the end of 2011. With the end of the year fast approaching, it is time for a change.
Despite yesterdays High Court ruling that the British Governments slashing of the renewable feed-in tariff (FIT) was illegal, some parts of the renewable sector have said that it could be bad for the industry.
James Lee, managing director of Lightsource Renewables believes that investing in photovoltaics is a smart choice, particularly when times are tough. In an interview with pv magazine, he explains why.
Continuing on with its Peruvian photovoltaic plans, T-Solar has signed three loan agreements worth US$145 million.
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