Exclusive interview: Cuts in Spanish PV applications would signal "the end"
A 30 percent reduction for photovoltaics applications would signal “the end”, according to Javier Anta, president of the Spanish photovoltaics association (ASIF). In an interview with pv magazine, he also said that current plant owners would be ruined. Furthermore, he stated that between 600 and 1,000 megawatts (MW) in Spain are currently “with a leaglly uncertain status”.
Solydra withdraws IPO; secures USD$175 million to develop business
U.S.-based Solyndra Inc. has withdrawn its request from the Securities and Exchange Commission to proceed with an initial public offering (IPO) of shares of its common stock, due to adverse market conditions and the availability of alternative funding from existing investors.
Etrion to acquire over 30 MW of solar power projects in Italy
The Etrion Corporation is to acquire more than 30 megawatts (MW) of solar power projects in Italy, worth around 45 million.
Energy providers invest in Sharp solar power plants
Sharp Energy Solution Europe has announced it will be building solar power plants for energy providers in Germany. A sum of 6 million has already been invested last year.
New PV association formation underway
The formation of a new professional association to advance the photovoltaic engineering and related manufacturing professions is underway, following a meeting held at Flextronics Inc.s campus in California, the U.S.
Satcon and Horizon Technology Finance enter into USD$12 million debt facility agreement
Satcon Technology Corporation has entered into a USD$12 million subordinated debt facility with Horizon Technology Finance. The company has said it will utilize the proceeds of this transaction to further strengthen its working capital as it plans for continued worldwide growth.
SunEdison to develop 2 PV projects in Ontario
SunEdison has purchased two ground-mount photovoltaic (PV) development projects in Ontario from Transalta, Canada’s largest publicly traded generator and marketer of electricity and renewable power.
Germany: Bundestag and Bundesrat remain divided over FITS issue
The mediation committee between the German Bundestag and the Bundesrat for solar promotion – set up to find a compromise regarding the issue of feed-in tariffs (FITs) – failed to reach a consensus after meeting for the first time yesterday.
Spanish associations still struggling with government over FITs
Until now, the Spanish photovoltaics associations have not been able to come to a compromise in terms of the planned reductions of feed-in tariffs. Negotiations were held between the parties yesterday.
Availability of critical raw materials for PV under pressure
The availability of critical raw materials for products like thin layer photovoltaics (PV) is coming increasingly under pressure, according to a new report published by the European Commission, due to the growth of developing economies and new emerging technologies.
