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Solar thermal scheme is no threat to PV in the UK
The U.K.’s renewable heat incentive will rebalance a regime previously skewed towards PV, says the country’s trade body, adding that leveling the playing field will enable people to make the right choice and incentivize mixed systems.
Spain abolishes FITs entirely
The country’s new scheme will guarantee only a ‘reasonable profitability’ for renewable energy plants and that figure will be based on what the government says developers should have paid rather than their actual level of investment.
Renesola aims for Japanese expansion
CEO of Chinese manufacturer says Japan will become company’s third biggest market after U.S. and Europe as he announces deal to supply up to 32 MW of modules to Japanese client.
Trina Solar supplies 7 MW of modules to UK project
Load and wind bearing capacity of Trina modules prompts Belgian installer Ikaros Solar to use the Chinese modules for the first time. Goose Willow Farm scheme will use 24,000 Trina panels.
Another cut to Spanish FIT payments
Spanish government announces its fifth cut to FIT payments but sugars the pill by guaranteeing renewables investors will be assured ‘reasonable profitability’ of 7.5% on schemes.
Canadian Solar and Strata add 18 MW in North Carolina
Canadian Solar and Strata have finished four projects totaling 24.4 MW that are part of a 15-project, 85 MW portfolio in the state. The latest installations will use more than 60,000 Canadian Solar panels.
VC funding fluctuates but downstream and third party continue popularity
Downstream activity secured $128 million of the $189 million of VC funding raised for solar from April to June as third party solar companies raked in $1.33 billion.
First A credit rating for an Indian solar plant
Rajasthan project receives A rating by CRISIL, a division of S&P’s McGraw Hill Corp.
Gehrlicher Solar files for insolvency
Gehrlicher Solar AG has become the latest German solar company to file for insolvency as the ongoing crisis continues to take its toll.
Chinese poly producers – demand driving production, not tariffs
Daqo and GCL-Poly deny they have raised production levels ahead of the expected imposition of duties on foreign polysilicon in China. Demand is driving our output, say both as EU-China trade talks reportedly near resolution.
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