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Russia offers first ever subsidies for renewable energy
The world’s largest oil producer plans to develop its renewable energy sector which currently produces just 0.8% of the country’s power and has hosted its first clean power auction, with 39 ventures securing subsidies.
Europe still has a big part to play
The EU’s status report on solar says Europe still led the world for installations last year. The report was issued to coincide with the opening of EU PVSEC in Paris on Monday.
IKEA to sell solar panels in all UK stores
The Swedish furniture retailer is to sell solar panels in all of its 17 U.K. stores within 10 months following a successful pilot project in one Essex store.
GCL nets $46 million for its solar project subsidiary
Polysilicon maker GCL GoldPoly has issued a US$50 million convertible bond to raise finance for its CSPG subsidiary. The move bolsters Hung Chao Hong’s stake in the Chinese manufacturer.
Sunpower to supply 69 MW to Shimizu Corporation for installation in Japan
SunPower Corporation’s high efficiency E20/327 solar panels to be installed by Shimizu Corporation at the Eurus Energy mega solar power plant in Aomori, Japan.
$800 million transmission line for Rajasthan
The Asian Development Bank will supply $500 million towards the cost of a transmission line to carry solar power to state and national grids. The government of Rajasthan and Indian grid utilities will supply the remaining $300 million.
EDF Renewable Energy inaugurates 143 MW Californian solar project
The Catalina Solar PV plant, the worlds eighth-largest, was officially inaugurated over the weekend by its owners, French energy giants EDF Renewable Energy.
A roadmap to lower soft costs
The U.S. Department of Energy has issued a plan to slash the soft costs of solar by 2020. The new reports focuses on the non-hardware costs of residential and small commercial projects, but makes no mention of company profits.
World's largest PV skylight installed in New Jersey by Onyx Solar
The skylight, for Novartis Pharmaceuticals, comprises 820 PV modules and will produce enough electricity to power the equivalent of 600 homes, Onyx Solar says.
$8 billion hit for Spanish PV generators
Spain’s PV industry body UNEF says generators will lose a fifth of the payments they could have expected from 2010 to 2020. The reductions are part of the Madrid government’s determination to reduce renewables subsidies.
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