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Global PV markets

Italy: Further FIT cut claims disputed

News has emerged this week stating that Italy’s Government is looking to apply further tariff cuts, of up to 30 percent. It seems, however, that the information was just a “negotiation maneuver”.

Ontario developer receives $15 million for solar rooftop projects

Blackstone Solar Inc. has received a CAD$15 million financing facility to develop rooftop solar projects in Ontario, Canada.

PV module inventories continue to soar

Photovoltaic module inventories have “soared” due to weak quarter one demand, says Solarbuzz’s new quarterly report. They are now expected to hit a “record” 8.6 gigawatts. The second half of the year will be “challenging”.

UK labour leader challenges solar cuts

Leader of the UK’s opposition party, Ed Miliband, has challenged the government’s decision to slash the country’s photovoltaic feed-in tariffs (FITs) for systems over 50 kilowatts in size.

NSW Solar Summit 2 criticized, but not all was negative

The second in a series of Solar Energy Summits held in the Australian State of New South Wales has drawn criticism from industry insiders, despite the announcement of some new key policies.

SolarWorld turns its back on Asia; US becomes key PV focus

In a move away from the Asian regions, SolarWorld has sold its stake in a South Korean solar panel production facility, stating that it prefers to focus on Western photovoltaic markets.

UK solar industry rallies to seek way round FIT cuts

A call to arms by the UK solar industry in the face of the government’s decision to cut feed-in-tariff (FIT) rates for installations larger than 50 kilowatts (kW) gathered momentum yesterday as politicians, solar businesses, and a diverse mix of supporters and would-be users of photovoltaic technology met in London.

Austrian technology company Fronius announces major sales growth

On the back of strong growth in sales in its Solar Electronics division, supplying the photovoltaic industry, Fronius has continued its international expansion and recorded a 52 percent increase in sales.

€80 million secured for 48 MW PV project

S.A.G Solarstrom has secured the required €80 million ($116 million) financing commitment from the Deutsche Bank Group, to build its 48 megawatt (MW) project in northern Italy. 12 MW is currently already connected to the grid.

German Lower House of Parliament formerly turns its back on nuclear

The government adopted the Renewable Energy Act [EEG] Amendment today, which will abandon nuclear and offer some support for renewable sources.

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