Germany: Consensus for fundamental EEG reform
The German Federal Environment Minister wants a fundamental reform of Germany’s renewable energy law, or EEG. His ideas received wide support at a meeting between the German Chancellor, ministers and associations.
US: SolarCity adds photovoltaic customers but losses widen
SolarCity’s impressive new customer numbers and MW deployment figures fail to mask the fact the California-based solar company’s losses widened in a tough 2012.
Hemlock claims against Deutsche Solar for alleged breach of contract
U.S. polysilicon manufacturer Hemlock Semiconductor has lodged a claim against Deutsche Solar GmbH, claiming it has breached four long-term commitments to purchase polysilicon from the Michigan-based company.
US leads China in solar exports
Bring it on! The United States doesnt know its own strength when it comes to competition with China, according to a report just released by the Washington, DC-based Pew Research Center. And that holds especially true in the high-profile, ultra-competitive photovoltaic market sector.
India contemplates new funding model for solar mission despite budget deficit fears
Indias Ministry of New and Renewable Energy (MNRE) has today said that a Viability Gap Funding (VGF) model has been “envisaged” for the second phase of the countrys Jawaharlal Nehru National Solar Mission (JNNSM). National budget deficit concerns are, however, throwing the viability of the program into question.
Financial markets "endorse" Obama DOE and EPA nominees
In Washington, DC, this week, Department of Energy (DOE) Secretary Steven Chu and Environmental Protection Agency (EPA) Secretary Lisa Jackson officially vacated their seats in the Cabinet, leaving considerable baggage behind. The new nominees have been met with general approval, however.
Suntech exec chair swap branded "misconceived and unlawful"
Suntechs decision to replace founder and former CEO, Zhengrong Shi, with Susan Wang as executive chair of the Chinese companys board of directors has sparked an internal management struggle. Shi has branded the move both “misconceived and unlawful”. The news comes in the same month as Suntechs US$541 million bond payment.
Welspun achieves financial close on 130 MW Indian PV project
Welspun Energy Ltd has closed financing worth INR 8.85 billion on its 130 MW photovoltaic project, located in Madhya Pradesh, India.
Greece adds 300 MW of PV capacity in January
According to the latest figures, 300 MW of newly installed photovoltaic capacity was added to Greeces grid in January. Meanwhile, new forecasts estimate 2.58 GW and 2.82 GW of cumulative capacity at the end of 2013 and 2014, respectively.
SolarWorld kicked out of Germanys TecDAX
Germanys stock exchange has reorganized its indices. From the middle of the month, SolarWorld AG will be removed from the TecDAX.
