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Sovello loses €11.6 million EU grant

An investigation by the European Commission that started in 2008, has led to the withdrawal of a €11.6 million EU grant for the construction of Sovello’s first ‘String Ribbon’ PV manufacturing plant in Saxony-Anhalt, Germany. The European Commission said that influence of the shareholder Q-Cells had been significantly greater than its 24.9 % share holding, which meant that the ‘SME Bonus’ given to small and medium size enterprises did not apply to Sovello, formerly EverQ.

Sovello pointed out that 1200 jobs have since been created and that the grants awarded have been employed for the purposes intended.

The company said in a statement that it refuted the supposition by the European Commission and had yet to decide if it would take legal action to contest the decision.

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Photovoltaics International 16th Edition

This sixteenth edition of Photovoltaics International marks four years of production of the quarterly journal. As always, our focus is on efficiency and quality improvement and cost reduction in manufacturing. As 2012 rolls along, companies are falling by the wayside due to supply and demand issues, ASP declines and drastic governmental subsidy cuts. A clear picture of 2012 is offered through papers from the likes of TÜV Rheinland, Fraunhofer ISE, SEMI PV Group and EPIA, amongst others.
Photovoltaics International Lite, Volume 05 - 2011

This digital interactive Lite sees Tom Cheyney follow Agua Caliente’s progress on becoming one of first truly utility-scale PV power farms, where 40–50MW (AC) will be commissioned by the end of the year. We also feature one of the world’s largest silicon thin-film PV power plants, Avenal; a report on warnings of the collapse of module prices from Solarbuzz and PI-Berlin presents tips on PV module testing. A print version of this edition will be distributed at Solar Power International 2011 in Dallas, Texas.
Manufacturing The Solar Future: The 2012 Production Annual

Manufacturing the Solar Future 2012, the second in the Photovoltaics International PV Production Annual series, delivers the next installment of in-depth technical manufacturing information on PV production processes.

Sovello loses €11.6 million EU grant

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