No More Solyndras Act passes first hurdle
Signaling a blow to both Obama and the solar industry, The House Energy and Commerce Subcommittee on Energy and Power has approved a draft of the “No More Solyndras Act”. With a vote of 14 to 6, it must now go to the full committee for consideration, which could happen as early as next week.
SolarWorld confirms EU dumping case
SolarWorld has confirmed to pv magazine that an anti-dumping complaint has been filed by a consortium of European manufacturers with the European Commission. More information is expected to be released by the Bonn-based company this afternoon.
Japan: Sky Solar to begin construction of PV power stations
Shanghai-based Sky Solar has announced it will develop several large-scale solar power plants via its subsidiary Sky Solar Japan, in order to take advantage of the new feed-in tariffs in the country.
EU PV dumping complaint lodged
Following months of speculation, a coalition of solar companies, again led by SolarWorld, has reportedly filed an anti-dumping (AD) and countervailing duty (CVD) complaint in the EU. The European Commission now has 45 days to decide if it will pursue the case.
PV inverter industry must focus on emerging markets
As with photovoltaic module manufacturers and project developers, inverter manufacturers must look to emerging markets in order to secure future growth, according to new research. Latest industry figures further indicate that while the market will continue to increase, European demand is on the wane. Meanwhile, inverter prices will experience another “double digit” drop this year.
NRG and GenOn announce merger
NRG Energy, Inc. and GenOn Energy, Inc. have unveiled their plans to merge. The two companies signed a definitive agreement, under which they intend to combine their activities in a stock?for?stock tax?free transaction. The transaction is scheduled for completion in the first quarter of 2013.
Transition time for Sunways
Continuing falling photovoltaic prices, a shift in its core markets and cancelled supply contracts have all contributed to Sunways AGs falling 2011 financials. However, it remains confident that new investor, LDK Solar, can help “open up new growth prospects”. International sales also helped stabilize the company.
Australia: Fund looks to clear PPA hurdle
Major Australian financial services company, Investec has indicated that it will create a fund, which could accelerate utility-scale photovoltaics in the country.
Grid-connected renewable energy storage project launched in Europe
A 39 megawatt-hour grid connected renewable energy storage project has been launched in Europe by a consortium of seven partners.
UCLA develops transparent solar cell
Researchers at the University of California, Los Angeles, have developed a highly transparent solar cell for building integration.
