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India: Tamil Nadu unveils ambitious solar policy

Tamil Nadu is the next Indian state to introduce a specific solar policy. With the aim of installing three GW by 2015, it is ambitious in its scope. It is also the first policy in India to introduce net metering guidelines.

Siemens exits solar business

Siemens AG has announced it will no longer be active in the solar industry, and will instead focus on wind and hydro power in the field of renewables.

Eurus Energy unveils 10 MW PV plans for Japan

Eurus Energy Group has announced it will build a 10 MW photovoltaic plant in Japan’s Osaka prefecture.

Belectric takes Konarka GmbH over

Germany-based Belectric has taken the insolvent Konarka GmbH over. The announcement marks the company’s entrance into the organic photovoltaic market.

LDK and Heng Rui Xin Energy enter into share purchase agreement

China’s LDK Solar and Heng Rui Xin Energy Co. have entered into a share purchase agreement, under which Heng Rui Xin Energy will acquire 19.9% of LDK’s share capital.

81.5 MW PV plant planned for Japan

Marubeni Corporation has announced its plans to build an 81.5 MW photovoltaic plant in Japan’s Oita prefecture.

EDF Energies Nouvelles completes 56 MW PV project in France

EDF Energies Nouvelles has commissioned a 56 MW thin film photovoltaic plant in the Bourgogne region of France.

Saint Gobain plans CIGS facility for Saudi Arabia

Saint Gobain has signed a memorandum of understanding to set up and operate a CIGS thin film photovoltaic module facility in Saudi Arabia.

Iraq unveils $1.6 billion renewable energy plans

According to reports, Iraq plans to channel US$1.6 billion over the next three years into solar and wind power, with the aim of adding 400 MW to the national grid.

Satcon files for Chapter 11 bankruptcy

Satcon Technology Corporation and its six subsidiaries have today, October 17, filed voluntary petitions in Delaware’s U.S. Bankruptcy Court under the U.S. Chapter 11 Bankruptcy Code. The company aims to reorganize its structure, and improve both its balance sheet and capital structure.

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