PV-Tech Newscast – November 16, 2012

This week's Newscast reveals that solar is winning the race to become the fastest growing renewable technology whilst advances in CPV technology are expected to drive down costs which could boost CPV installations to 3GW worldwide within four years. Meanwhile, the Tokelau islands in the south Pacific now has the capabilities to be powered by 100% solar energy. Things are not looking so bright in Europe though. Greek Parliament has passed an austerity package which includes a tax of between 25-35% on existing solar power plants in a bit to reduce the country's deficit. In other news, Hyundai Heavy Industries has built its new Solar R&D Center in Korea and 8minutenergy Renewables has broken ground on the first phase of an 800MW PV project. And finally, a big congratulations goes out to five suppliers who have been honoured with First Solar's NOVA award. Companies: 8minutenergy Renewables, First Solar, Hyundai Heavy Industries

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