A new joint venture, Georgia PV Project, is targeting over 1.5 gigawatts (GW) worth of photovoltaic installations across the world. It will also set up a module production facility in Georgia.
Ethiopia is to have its first ever photovoltaic module assembly plant after two global solar firms struck a deal with a local company to set the facility up.
IHS iSuppli predicts that polysilicon prices will fall to US$22 per kilogram by the end of the year, due to the continuing production surplus. The company adds that prices vary, depending on both contract type and purity level. These changes, it says, will change the way polysilicon is bought and sold in the future.
Just a day after First Solar announced the closure of its Frankfurt (Oder) facility in Germany and the loss of 2,000 jobs, GTM Research has released a report which asks “Is the window closing for thin film PV?”
SunPower has said it will consolidate its photovoltaic cell manufacturing at its Fab 1 in the Philippines, thus reducing capacity by 125 megawatts (MW). The company adds that it is on track to reduce manufacturing costs further.
Many photovoltaic module suppliers are putting a halt to their in-house wafer production in light of drastically decreasing prices. According to IMS Research, wafer prices fell by over 70 percent in the first quarter (Q1) of 2012.
Solar thermal plant equipment will be exempt from import duty in India. Indias finance minister made the announcement today. The belief is that project costs could be lowered as a result. Photovoltaics was not mentioned, however.
According to the industry experts present at the first “Energy Storage” conference, held this week in Düsseldorf, Germany, either technology could win the race to enable Germanys renewable energy future.
Bosch Solar Energy has begun production on its new 150 megawatt (MW) crystalline photovoltaic module manufacturing line in Vénissieux, France.
In a statement released today, the newly-formed Solon Energy GmbH has said that while “nearly all” warranties will be continued, those plants with special module types will be excluded.
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