PV-Tech Newscast – November 23, 2012

BOS manufacturers look as though they will be shouldering an increasingly heavy burden, as reports indicate that they are being targeted to deliver the next round of cost reductions for solar. Meanwhile, solar projects are appearing here, there and everywhere. The most striking project this week has been the 160MW CSP plant in Morocco. Originally announced in September, this week saw the signing of a US$1 billion power purchase agreement for the plant. ET Solar has been awarded a contract to build 50MW worth of PV plants in Romania, IBC Solar has connected a 5MW solar park in Italy and Conergy has delivered 324 modules for installation at a Thai school. EU Development Commissioner Andris Piebalgs has also pledged EU support for the construction of a 22MW PV plant in Zagtouli, Burkina Faso and is stumping up some of the cash to fund the project. And finally, Trina Solar's quarterly results reveal a net loss for the Tier 1 module manufacturer as well as lower revenues. Companies: Conergy, ET Solar, IBC Solar, Trina Solar

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