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Pakistan and CK Solar Korea to develop 300 MW park

The government of the Balochistan province in Pakistan and CK Solar Korea have signed a memorandum of understanding to develop a 300 MW PV solar park near Quetta, Balochistan’s largest city.

New research suggests PV industry is a net electricity producer

According to new research from Stanford University, 2012 represented a turning point for photovoltaics. Indeed, the industry is now both a likely net electricity producer, and poised to pay off its energy debt no later than 2020.

Activ Solar adds 127.5 MW of PV in the Ukraine

Activ Solar has completed the construction of two photovoltaic plants in the Ukraine, thus adding 127.5 MW of installed capacity in the first quarter of this year.

JinkoSolar secures $58 million loan guarantee from CDB

JinkoSolar signed a 15 year loan agreement with China Development Bank (CDB) worth RMB 360 million (around US$58 million, €45.32 million) to finance the company’s domestic photovoltaic projects.

Brazil receives requests for 300 MW of PV

Twelve requests for regulatory authorization to develop and operate photovoltaic plants worth a total of 300 MW have been received since mid-March, according to Brazil’s national electricity regulator.

Solairedirect to manufacture 120 MW of ReneSola modules

Under a toll manufacturing agreement, Solairedirect SA will produce 120 MW of China-based ReneSola’s photovoltaic modules in South Africa over a period of three years.

US: AZ Sun Program announces another 34 MW PV facility

The seventh photovoltaic facility is set to come online next June under Arizona-based electricity utility, APS’ AZ Sun program. Black & Veatch has been selected to design and build the 34 MW.

India: solar cheaper than grid power

Solar power is cheaper than grid power for commercial consumers in Maharashtra, Delhi and Kerala, even with no subsidies, according to a quarterly report published by consulting company Bridge to India.

LDK Solar subsidiary sale still awaiting approval

LDK Solar is still awaiting governmental approval for the sale of LDK Anhui. The closing date for Shanghai Qianjiang Group to purchase the subsidiary was originally set for March 31.

EU: Installers against anti-dumping tariffs

European installers are against the introduction of punitive and protective tariffs, a survey conducted by the EuPD Research showed today.

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