Solar Insurance & Finance - Nieuws feed

Solar Stocks Surge on China Panel Demand

admin — Fri, 10 Feb 2012 10:31:16 +0000

BLOOMBERG - Solar stocks yesterday gained the most in a month on speculation that demand for panels will increase in China.

UK wants sustained cuts to solar panel tariffs

admin — Fri, 10 Feb 2012 10:30:25 +0000

REUTERS - The UK government on Thursday recommended slashing subsidies for solar panels on homes from July 1 after a boom in installations last year nearly exhausted its support budget.

First Solar Plans to Reduce Panel Production at German Factory

admin — Fri, 10 Feb 2012 10:29:36 +0000

BUSINESSWEEK - First Solar Inc., the world’s biggest maker of thin-film solar panels, plans to reduce production at its factory in Germany as declining subsidies reduce European demand.

Polysilicon prices continue to drop for solar

admin — Fri, 10 Feb 2012 10:28:58 +0000

PV MAGAZINE - Lower polysilicon prices and higher photovoltaic module efficiencies are expected to further lower crystalline silicon (c-Si) module prices in 2012, according to Brett Prior, a senior analyst at U.S.-based GTM Research, the market research arm of Greentech Media, in Boston.

3Power acquires 100MW Italian PV porfolio

admin — Fri, 10 Feb 2012 10:28:04 +0000

PR NEWSWIRE - 3Power Energy Group Inc. announced it has entered into a frame agreement with a Chinese Investment group to acquire 100Mwt PV Solar Power Plants from their portfolio in Italy. Projects are financed and produce electricity into the national Grid under long term Power Purchase Agreements.

IHS iSuppli: Solar PV inverter shipments, revenues fall in 2011

admin — Thu, 09 Feb 2012 06:57:32 +0000

SOLARSERVER - On February 8th, 2012 IHS iSuppli (El Segundo, California, U.S.) announced the release of a new report which estimates that shipments of solar photovoltaic (PV) inverters declined 1% in 2011 to 23.4 GW, as total industry revenues fell 15% to USD 6.1 billion.

India’s Gujarat State Completes 300 Megawatts of Solar Plants

admin — Thu, 09 Feb 2012 06:56:34 +0000

BLOOMBERG - India’s Gujarat state, home to the country’s largest solar program, has completed 300 megawatts of sun-powered plants, about a third of its target.

Israeli Regulator approves Beduin solar license for 8MW park

admin — Thu, 09 Feb 2012 06:55:44 +0000

JERUSALEM POST - The Public Utility Authority on Monday night issued the first license for a solar power facility on Beduin land, approving the Tarabin family’s application to build an 8-megawatt photovoltaic field on their property in the Abu Basma region in the northwestern Negev.

New solar cell could boost efficiency by 25 percent

admin — Thu, 09 Feb 2012 06:54:27 +0000

REUTERS - A new type of solar cell which could boost the efficiency of solar panels by over 25 percent compared to silicon-based cells has been developed by British scientists, but they need another two or three years to assess whether it is commercially viable.

India's Solar Energy Corpn plans to set up 1,000 MW park

admin — Thu, 09 Feb 2012 06:53:40 +0000

HINDU BUSINESS LINE - It is in the very early stages, but the thinking in the Ministry of New and Renewable Energy Corporation is for the newly set up Solar Energy Corporation to put up a 1,000-MW solar park in the country.

Satcon Makes PV Deal with Great Wall Computer Company

admin — Wed, 08 Feb 2012 10:50:48 +0000

SOLAR NOVUS TODAY - US-based Satcon Technology today announced a partnership with Great Wall Computer Company (GWPC), a majority-owned subsidiary of China Electronics Corporation (CEC). The inverter manufacturer says the agreement will allow it to capitalize on the estimated 14GW of utility-scale projects under development, fueled by China’s Feed-In Tariff program.

Solar firm REC earnings disappoint as prices slump

admin — Wed, 08 Feb 2012 10:50:01 +0000

REUTERS - Struggling solar equipment maker Renewable Energy Corp. reported core earnings well below expectations and its fourth quarterly net loss in a row on Wednesday as average selling prices plunged.

Total Says SunPower Can Withstand China Solar Panel Competition

admin — Wed, 08 Feb 2012 10:49:15 +0000

BLOOMBERG - SunPower Corp., the U.S. solar panel- maker controlled by Total SA (FP), is strong enough to resist competition from Chinese manufacturers until the industry revives in 2014, an executive at the French oil company said.

Bosch freezes Malaysian solar plant

admin — Wed, 08 Feb 2012 10:48:29 +0000

ECO-BUSINESS - Leading German engineering firm Robert Bosch GmbH postponed its €520 million (RM2.05 billion) Penang solar panel plant’s construction, which would have been the company’s largest, due to cost pressures.

SolarMax opens branches in Greece and Bulgaria

admin — Wed, 08 Feb 2012 10:47:26 +0000

PV MAGAZINE - With the new locations in Athens and Sofia, SolarMax has moved closer to local customers to provide greater flexibility and service and to continue to expand sales. Both branches have been integrated into Sputnik Engineering International AG; General Manager is Daniel Freudiger.

UK Ministers defend rapid cut to solar power subsidy

admin — Wed, 08 Feb 2012 10:46:35 +0000

THE GUARDIAN - Ministers have argued that they had to act quickly to slash subsidies to small-scale solar power because the cost of panels has dropped by nearly half in the past year – much faster than the previous government envisaged when it set up the scheme.

Australian government reopens $306.5m solar tender

admin — Tue, 07 Feb 2012 11:10:37 +0000

SYDNEY MORNING HERALD - The federal government has reopened a multimillion-dollar solar energy grant process amid concern about an investment shortfall at its preferred first-round choice.

Centrotherm, Idea Sign $1.1 Billion Plant Accord, Riyadh Says

admin — Tue, 07 Feb 2012 11:07:22 +0000

BLOOMBERG - Centrotherm Photovoltaics AG signed an agreement with Idea Polysilicon Co. to provide engineering design and technology for a plant in Yanbu Industrial City, al- Riyadh reported.

Plans submitted for 30MW solar project in Leicestershire

admin — Tue, 07 Feb 2012 11:06:25 +0000

SOLAR POWER PORTAL - Lark Energy has recently submitted plans to Charnwood Borough Council for what will be the UK’s largest solar project. If planning permission is approved, construction on a 150-acre site near Loughborough, Leicestershire, will begin later this year.

Power Finance Aims To Invest $42 Billion In 5 Years In India Electricity Sector

admin — Tue, 07 Feb 2012 11:05:29 +0000

FOX BUSINESS - Power Finance Corp. plans to invest $42 billion by the end of March 2017 in India's power sector, in an effort to profit from increasing demand for electricity.