How do you say “Its all your fault” in Italian? A waiting game that played out in Italy as the government revised its solar subsidies was mainly to blame for SunPowers first-quarter net loss and generated sales that fell short of its expectation, the company said Thursday.
Smaller photovoltaic module manufacturers need to foster greater cooperation and exchange more information if they are to survive in the global marketplace. That was the outcome of a workshop held in Berlin, Germany yesterday.
Falling foul to stagnating quarter one photovoltaic module demand, Q-Cells has reported a “significant” year-on-year sales drop. In response, it has adjusted the production of its cells and modules, and abandoned its guidance. But, while it believes it will recover in the second quarter, the analysts are less certain.
The German Renewable Energy Federation (BEE) has presented a study involving possible costs in the event that Germany abandons the use of nuclear energy.
The UK Committee on Climate Change’s (CCC’s) new renewable energy report has met with dissatisfaction by photovoltaic industry stakeholders. A key criticism is related to pricing discrepancies. However, there is big potential in the future, with the deployment of 2.2 gigawatts per year a feasible goal in the 2020s. Imported solar power is also an option.
The Australian Federal Budget was handed down in the capital Canberra today providing mixed news for the photovoltaic industry as the government aims to implement over AUD$20 billion (15 billion) in cuts to return to a surplus.
Cincinnati Zoo and Botanical Garden is enjoying a newly installed 1.56 megawatt photovoltaics system. It is said to be the largest publicly accessible solar array in an urban setting.
Italys fourth Conto Energia has finally been signed into law. While this is good news, analysts believe the delay has been “extremely disruptive”. The 200 kilowatt ground-mounted market has also taken a blow. Nevertheless, 3.5 to four gigawatts (GW) of installed photovoltaics capacity is expected in the second half of 2011, with further growth predicted in 2012.
The German Federal Minister for the Environment aims to introduce an optional market bonus for renewable energies. Now he has submitted a corresponding benchmark paper that also contains sweeping changes for solar energy subsidies.
According to a report in Reuters, Italys Government has finally approved its draft solar regulation at a cabinet meeting held today.
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