The two German companies both announced the proposed takeover offer, with some key CHORUS shareholders already committed to the merger.
Former Australian boss of GDF Suez, Tony Concannon, has now re-emerged as the chief executive of Reach Solar, while former head of Energy Australia, Richard McIndoe,has since emerged as the executive chairman of Edge Electrons.
After announcing the signing of precontracts with a subsidiary of China National Building Materials for the delivery of CIGS module production machines, the German company confirms that the legally-binding contracts have now been signed.
Greece is set to publish a new policy framework for the support of renewable energies in June, with the aim of putting it into law by July. Two pilot auctions for around 50 MW of solar PV will take place as part of the policy.
In an effort to boost renewabl energy self-generation and consumption, the EU initiative calls for the deployment of an advanced metering infrastructure that would make smart homes and networks a reality. In addition, SolarPower Europe released a new study demonstrating the economic benefits solar can bring to residential consumers and explores how energy suppliers can create business opportunities.
The solar farm comprises more than 200,000 Toshiba solar panels. This is Orix Corp.’s third large-scale solar plant to begin operation in Mie Prefecture.
CEO Kangping Chen says China remains the group’s biggest market but stresses that its market share in the U.S. is expanding. In addition, the company sees “great opportunities in exciting emerging markets such as Chile, Thailand and India.”
The Turkish government will purchase all power generated by the companies’ two solar PV projects under a long-term PPA at $0.133 per kilowatt hour.
Germany again topped the news this week after government officials proposed a new tax on renewable energy consumers. In the U.S., meanwhile, solar panels are starting to become standard features in new homes, at least in South Florida.
Innovative installers and solar plant designers in particular are welcomed speakers at Intersolar Europe. Visitors eagerly line up for to hear the top presenters. Jong Wan (JW) Lim, managing director and head of EU Sales at Hanwha Q CELLS, explains what an innovation is and why his company got involved with the award, which it is presenting with pv magazine.
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