Becky Beetz
8minutenergy and Saferay sign 20 MW PPA in California
8minutenergy Renewables, LLC and Saferay, Inc. have signed a 20 year PPA with Southern California Edison (SCE) to sell the energy generated from their proposed Redcrest Solar Farm project.
Chile: IDB to finance 26.5 MW of PV projects
The Inter-American Development Bank (IDB) has approved a US41.4 million loan package to finance two of Solarpack Chile S.A.s photovoltaic plants, worth 26.5 MW.
Phoenix Solar expects slight 2013 growth
Phoenix Solar AG expects to see “slight” growth in 2013, on the back of marginally improved 2012 financials. The U.S. and Asia are key growth regions for the German photovoltaic company, which recorded sales decreases of more than 50% last year.
Bulgaria: Photovoltaic grid access fee revoked; appeals underway
The Bulgarian Supreme Administrative Court has overruled the controversial grid access fee, introduced for photovoltaic producers in Bulgaria last September 18. The State Energy and Water Regulatory Commission (SWERC) has appealed the decision.
Bad investment and US trade case led to Suntech fall
Failure to correctly vertically integrate its business operations, the impacts of the U.S.-Sino trade case and the fallout of the GSF Fund debacle all led to Suntechs current situation, according to IHS Solar. Furthermore, the research company adds, China appears less willing to prop up its ailing manufacturers.
Centrosolar sells solar glass division; suffers devastating 2012 losses
Centrosolar Group AG will sell its solar glass division off, following a year of devastating financial losses. The Germany-based company has also postponed the publication of its annual report and announced the continuation of its restructuring measures.
UK: Hanwha supplies modules to 16 MW of PV parks
Hanwha SolarOne has supplied modules to 16 MW of ib vogt GmbHs photovoltaic parks in the U.K. Overall, the two companies have worked together on 26 MWp of projects in the country.
1 MW CIGS reference project completed in China
A one MW CIGS photovoltaic reference project has been completed in Chinas south western province, Yunnan using Manz AG modules.
Bosch solar exit official; 3,000 jobs at stake
After months of speculation, Bosch has today confirmed it will exit the crystalline solar sector. As of 2014, the German company will cease production of its photovoltaic ingots, wafers and cells. It will also “quickly” sell its solar business units, including its majority stake in aleo. Decreasing prices has been blamed for the decision. Up to 3,000 employees will be affected.
Sky Solar completes 70 MW Greek PV park
Sky Solar Holdings Co., Ltd has completed and grid connected a 70 MW photovoltaic park in Greece. A 20 year FIT has been secured.
