News has emerged this week stating that Italys Government is looking to apply further tariff cuts, of up to 30 percent. It seems, however, that the information was just a “negotiation maneuver”.
Photovoltaic module inventories have “soared” due to weak quarter one demand, says Solarbuzzs new quarterly report. They are now expected to hit a “record” 8.6 gigawatts. The second half of the year will be “challenging”.
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.
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.
Suntech has terminated a solar wafer supply agreement with MEMC. It will also discontinue investment in thin film subsidiary CSG Solar AG. Overall, the company will incur expenses of around USD$236 million.
A call to arms by the UK solar industry in the face of the governments 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.
The government adopted the Renewable Energy Act [EEG] Amendment today, which will abandon nuclear and offer some support for renewable sources.
juwi solar Inc. is gearing up to construct the U.S.s first utility scale ground-mount CIS (copper, indium and selenium) solar plant. It is scheduled for completion at the end of 2011.
With a rapidly expanding solar sector and a growing number of installations, Ontario has rapidly emerged as a major photovoltaic market. However, a local solar manufacturers in the Windsor area are accusing local utilities of lagging behind with grid capacity and threatening jobs.
Industry analysts at Jefferies believe consolidation is about to hit the solar industry. They add that the second quarter of this year has “negative surprises” in store.
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