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Spanish associations to start legal action against PV FIT decreases
Four renewable energy associations in Spain have joined forces to oppose implementation of the Spanish governments new decree, which “retroactively aggravates initial investment conditions” for developers of photovoltaic installations and other renewable energy plants.
EU complaints lodged against Greeces retroactive renewable energy tax
Greece-based Metaxas and Associates Law Firm has lodged two complaints with the European Commission against the retroactive taxes applied to renewable energy systems in Greece. Meanwhile, rumors abound that the Greek government is considering more retroactive cuts.
US requests WTO consultation over Indian solar DCR
The U.S. has requested World Trade Organization (WTO) dispute settlement consultations with the Indian Government regarding Indias solar photovoltaic domestic content requirements (DCR). Industry association SEIA has come out in support of the move.
330 GW of global PV capacity predicted by 2020
The sky is the limit for photovoltaic market growth, which is expected to more than triple by 2020, according to a report just released by London-based research firm GlobalData. It says growth is being stimulated by two major forces. Challenges are present, however, including issues over existing grid infrastructure.
Lithuania halts solar development
The Lithuanian Government has announced it will not permit the construction of any new solar facilities, in a bid to halt the “rapid” development of the project industry. The amendments are expected to be passed on March 1.
Italy: Solar share retreats as part of Enel energy mix
Italian renewables provider Enel Green Power’s consolidated results for 2012 paint a picture of growing revenues and profits coupled with a growing debt pile.
China: Sky Solar plants in Xinjiang and the Czech Republic
Chinese photovoltaic project developer Sky Solar has connected the first 30 MW of a 200 MW solar park in Xinjiang Province, as well as securing funding for three projects in the Czech Republic.
Solar market remains 'stock-still'
Its okay to blink. Most of the solar market is going nowhere fast at least, nowhere that the risk-averse investor would want to be. The sector remains a challenging place to do business, as long as subsidies continue to shrink worldwide and panels remain plentiful. There are, however, some interesting opportunities, both downstream and (surprisingly) online.
Japan: Solar helps Panasonic trim costs
Electronics giant Panasonic has released its consolidated figures for the last three quarters of 2012, noting a fall in demand for photovoltaics and lithium-ion batteries in Europe.
Finland: Cencorp to open Finnish module production line
Finnish company Cencorp Corporation has bucked the global trend of PV manufacturers by announcing its intent to start a production line in Europe.
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