The one-day event was low-key but highly focused, attracting an audience committed to patiently furthering PV development in Saudi Arabia.
Aiming for 7% renewable energy generation by 2020, the Emirate’s electricity regulator will submit its solar plans to the Executive Council in early 2014.
The solar manufacturer shipped 478 MW in Q3, generating $490.9 million in net revenue: an increase of 41.1% on Q2.
As market conditions begin to improve, the analysts have raised their forecast for PV capital spending, predicting a 42% increase in 2014.
Due to ongoing restructuring within SolarWorld AG, group revenue reached just 345.6 million in Q3, despite a 57% increase in trade shipments.
The Zurich-based power and automation technology group has been awarded an order to build the first phase of Ontario’s Grand Renewable Energy Park, valued at CAD$80 million (USD$76.8 million).
The German solar giants have expressed an interest in acquiring Bosch’s solar panel plant in Arnstadt, Germany. An official announcement is expected this week.
The investment from Overseas Private Investment Corporation (OPIC) will fund the 60 MW Boshof Solar Park in the country’s Free State province.
The PV boom has created a solar sector worth NZ$40 million, with revenue growing at a rate of 100% and installed capacity reaching 8.2 MW.
The acquisition of the robotic solar panel cleaning technology — which reduces water usage and improves LCOE — enhances SunPower’s energy services portfolio.
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