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Trina continues to see net losses
Trina Solar Limited sustained significant losses throughout 2012. While photovoltaic module shipments performed favorably, revenues failed to increase compared to the previous year. Both an imbalance in supply and demand, and “aggressive” pricing strategies have been blamed. On a positive note, Trina expects shipments to increase by as much as 30% in 2013.
Conergy completes PV plants in Spain sans subsidies
Conergy has completed a total of 14 photovoltaic plants in Spain since last autumn, which are said to be competitive without subsidies. A new calculation tool is assisting in the planning and implementation of such projects.
Uruguay plans to sell solar for $90/MWh
According to reports, Uruguays government is gearing up to establish a national solar industry. A new decree requiring the countrys national power utility to purchase 200 MW of solar energy is expected to be issued shortly. There are fears, however that compensation is not high enough to attract developers.
Report: PV hits profits margins and sales of central German power generators
The increase of cheaper photovoltaics on the German wholesale power market is reducing the profits and sales of large central power generators. They are hitting back by “heavily” lobbying against decentralization, according to Renewable Analytics, which has further suggested a restructuring of Germanys renewable energy levy.
Poland: Renewable energy law could be adopted in March
Polands new renewable energy law is expected to be adopted by the government by the end of March. However, due to the EC notification process, it is not anticipated to enter into force until mid-2014. Meanwhile, mandatory certification for imported biomass has been suggested.
Pakistan to vote on solar PV FIT program
Pakistan is gearing up to introduce a photovoltaic feed-in tariff (FIT) program, which will see US$0.2329 paid per kWh to plants between one and 100 MW in size. A meeting is scheduled to be held on February 27 to finalize the plans.
White paper unveils details of Saudi's 54 GW renewable energy plans
A white paper has been released detailing the proposed competitive procurement process (CPP) of Saudi Arabias K.A.Care program, which aims to install 41 GW of solar in the region by 2032. The first tendering round is scheduled to be held in the first half of this year. Local content will play a significant role.
2012 PV demand under 30 GW
According to the latest figures from Solarbuzz, 2012 photovoltaic demand grew just 5% on 2011 to reach 29 GW. Meanwhile, the company predicts that “rapid globalization” will characterize 2013.
Germanys PV storage program on hold
Germanys support program for photovoltaic battery storage systems is currently on hold, due to lost revenues from emissions trading. The framework for the program had already largely been agreed upon by the Federal Environment Ministry and KfW state bank.
Spain publishes retroactive PV FIT cuts
The Spanish government has officially published its new photovoltaic decree, which revises feed-in tariffs (FITs) for plants installed between 2009 and 2011 downwards. The new rates are effective from January 1, 2013.
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