An investigation has been launched by Japan’s Ministry of Economy, Trade and Industry (METI) into why only one-in-ten approved PV projects in Japan has been built. Possible sanctions for deliberate delays could include withdrawal of FIT certification.
The Metaxas law firm has forced the Greek government to reimburse investors with a PV plant development subsidy it had promised and then reduced. The legal firm is also fighting the ‘solidarity’ PV plant tax, domestically and with the EU.
The trust bringing a lawsuit against Trina, Yingli and Suntech says polysilicon suppliers ‘such as’ GCL-Poly and Daqo New Energy conspired with module makers to fix prices. Legal papers also name three Chinese banks as co-conspirators.
The commercial rooftop market is an important growth area as a post-FIT residential sector slows. But rigid requirements from state utilities are an obstacle for installers.
The roadmap on the future of UK solar published yesterday questions solar’s effectiveness at reducing carbon output and asks whether the cost reductions necessary for 20 GW by 2020 are feasible.
With France’s government preparing to completely scrap its 11% tax break for rooftop solar, French solar association Enerplan has urged for it to be maintained at 10% for 2014.
EU trade commissioner Karel de Gucht skirted around the ongoing Chinese anti subsidy case when he spoke to the European parliament in support of an EU-China investment deal. Anti subsidy findings are due to be made available any day now.
The global consulting firm’s report also reveals the solar industry enjoyed strong total corporate funding and increased M&A activity compared to Q2.
The Chicago-based company is planning to develop a mega project, in 30 MW sections, in the city of Taubaté. The huge project will cost an estimated $900 million.
Cell maker Shunfeng has bid for an equity stake in Suntech’s insolvent manufacturing unit. Shunfeng directors say an acquisition would boost production and help downstream expansion plans.
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