MEA region PV demand to reach 1 GW in 2013
In a report released today, NPD Solarbuzz has predicted that photovoltaic demand from the Middle East and Africa (MEA) will total 1 GW in 2013. This represents a 625% increase on the 136 MW of demand in 2012.
Germany: Altmaier still for storage incentives
Germany’s Federal Environment Minister is still advocating PV storage incentives from May onwards. However the funding issue remains unresolved. Peter Altmaier also mentioned at the Energy Storage conference in Düsseldorf that he expects more than 4 GW of PV development in Germany this year.
S.A.G. Solarstrom secures 40 million PV financing
Germanys Deutsche Bank has again agreed to finance S.A.G. Solarstroms photovoltaic plans for the coming year. Work is expected to begin in Q2 2013.
SEIA: US PV system prices fall despite tariffs
The impact of module prices are always discussed in connection with import tariffs on Chinese photovoltaic products. In the U.S. prices continue to fall, despite the tariffs imposed last year. However, the comparison is lopsided given the significantly higher price levels in the U.S. than in Germany.
Italy: Mitsubishi, INCJ and Solar Ventures to acquire up to 150 MW of PV projects
Mitsubishi Corporation (MC), Innovation Network Corporation of Japan (INCJ) and Solar Ventures have acquired a photovoltaic project portfolio in Italy worth 42 MWp. They are looking to add projects totaling 150 MWp to this.
First Solar tops PV project developer list
According to the latest data from Wiki-Solar, U.S.-based thin film manufacturer, First Solar Inc. is the top photovoltaic project installer globally, having added 759 MW across 11 sites.
Würth Solar to quit PV
A significant part of the business is to be taken over by BayWa and a second investor. Between 50 and 230 jobs are at stake. The German Cartel Office still has to agree to the sale.
Utility-scale battery storage to top 25 GW in Asia Pacific in 2022
The utility-scale advanced battery market in the Asia Pacific region will amount to 25.1 GW of storage and be worth US$12 billion in 2022, according to a report by Pike Research.
What next for Suntech?
Today Chinese photovoltaic module manufacturer Suntech finally admitted it had received notice of default over the US$541 million worth of 3% convertible bonds, which went unpaid on Friday.
Obama wants oil companies to pick up $2bn advanced vehicles tab
U.S. President Barack Obama has fleshed out the details of the clean energy proposals he referred to in his State of the Union address dedicated to setting out his second term objectives.
