The Saudi Electricity Company (SEC) and Showa Shell Sekiyu have signed an agreement on the operation of a solar power plant on Farasan Island in the Red Sea off Saudi Arabia. The project sets the stage for future development of solar in the Kingdom.
Next Monday, June 6, the Cabinet of the German federal government is to decide upon an additional cut in photovoltaic feed-in tariffs of six percent, to be introduced as of March 1, 2012.
Portuguese photovoltaic company Martifer Solar has announced it will work in India for the first time, with local firm Louroux Bio Energies Ltd., to install a solar plant worth 25 megawatts (MW).
Photovoltaic industry forecasts have indicated that German manufacturers must look to markets outside of Europe for future growth as industry data suggests a strong Asian focus.
Canadian Solar announced today that it will build a 600 megawatt (MW) photovoltaic cell production factory in China, only one day after announcing its intention to build a 600 MW wafer manufacturing plant in the country.
A new report has found that the Fukushima nuclear disaster will help to push solar energy into the mainstream, but that demand is currently not growing as fast as production. Furthermore, regulatory stability is needed in order to foster investor confidence. Overall, while there are long-term gains to be had, the interim will be difficult.
IMS Researchs latest photovoltaic demand report raises its outlook for installations in 2011 from 18 gigawatts (GW) to more than 21 GW, as a result of falling prices across the industry supply chain.
German photovoltaic company expects solar sales potential in the “high double-digit million range” as it approaches 20 megawatts (MW) of installation in Italy.
Solar Power Partners (SPP) and JCM Capital (JCM) have signed an agreement with Rumble Energy to provide six megawatts (MW) of commercial-scale photovoltaic installations in the state of Ontario, Canada.
Asian Development Bank says expansion in solar energy generation is crucial if the region is to continue to grow economically, while reducing greenhouse gas emissions.
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