While it is well known that the Asia Pacific solar markets are on the up and up, new research has revealed that they are growing at a faster than expected pace. Having installed six gigawatts (GW) of new photovoltaic capacity in 2011, the region was said to have grown 165 percent year on year.
Representing a goal for the U.K. solar industry, the Department for Energy and Climate Changes (DECCS) judicial appeal against the High Court ruling that its plan to alter the feed-in tariff (FIT) rates was illegal, has today been dismissed.
Following various media reports that CIGS manufacturer, MiaSolé had introduced staff layoffs, the company has provided pv magazine with an update.
Proclaiming that U.S. “workers are the most productive on Earth, and if the playing field is level, I promise you America will always win,” President Barack Obama came out swinging on January 23, in a State of the Union 2012 address delivered at the U.S. Capitol to a joint session of Congress and a world television audience.
Project developer Nur Energie and the Desertec Foundation are developing plans to install two gigawatts (GW) worth of concentrated solar power (CSP) in Tunisia.
China-based solar mounting structure producer, Powerway Renewable Energy Co. has unveiled its plans to establish production facilities in South Africa to the tune of ZAR 10 million (around US$1.25 million; 960,700).
Q-Cells SE continues to suffer from the fall out of 2011s weak solar market conditions. The company has still not determined its 2011 losses, and is experiencing ongoing problems with its convertible bonds. Despite this, it remains optimistic, and expects a return to form by 2014.
The U.S. solar market may have experienced a challenging 2011, amid political wrangling and such debacles as the Solyndra insolvency. Despite this, the industry shone when it came to greentech transactions, ranking second after the storage and efficiency sector in terms of volume.
It seems Germanys FDP Economics Minister has submitted his own solar incentive proposal. According to media reports, he wants to introduce a nine gigawatt (GW) cap for newly installed photovoltaic capacity until 2020, and a drastic one-time reduction in remuneration.
Lux Research has found that the copper indium gallium selenide (CIGS) solar market is likely to double between now and 2015. However, it warns that only a few manufacturers will succeed.
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