Technology company active in the production of enclosures and industrial components, Phoenix Mecano, has announced an impairment of tangible and intangible assets in its ELCOM/EMS division effective December 2012. With the cancellation of a long-term framework supply contract for PV components with a major customer, Phoenix Mecano anticipates an impairment loss of approximately €6-8 million.
Head of FiTs of the UK’s Department of Energy and Climate Change, Alisdair Grainger, told participants at Solar Power UK in Birmingham that 98.2% of installations in the UK are now from PV. The government minister made a very strong attempt to reassure the audience that cuts to and degression of the FiT in the UK was a good thing.
French trade union the CGT has expressed concern over the proposed idling of module production at Bosch’s Vénissieux plant in France for two weeks at the end of October.
Having entered the Japanese PV market in August, NexPower Technology has announced a 2MW order of its Xtreme+ Series modules for various projects in western Japan. The modules will be distributed via its Japanese distributor, Marubun Corporation. NexPower states that its Xtreme+ Series complies with Japanese JPEC standard as well as being both UL and CEC registered.
The US Department of Energy’s Energy Information Administration has released a report on annual PV module shipments in the US. Solar Photovoltaic Cell/Module Shipments Report 2011, states that US shipments reached a record high of 3.77GW, an increase of 43% since 2010. The report lists declining PV cell and module prices, along with an installation rush at the end of the year due to the conclusion of grant programmes amongst its reasons for the increase.
IBC Solar has upped its corporate social responsibility profile by donating a 14.4kW solar power system to the Lewa Children’s Home in Eldoret, Kenya. A total of 120 solar panes and six inverters have been supplied to the orphanage, which house approximately 120 children aged between a few months to 18 years.
The Austrian government has doubled its renewables budget to €50 million for 2013 and set to decrease by €1 million annually. Economy and energy minister Reinhold Mitterlehner, social minister Rudolf Hundstorfer and environment minister Nikolaus Berlakovich have introduced a combination tariff and grant scheme.
Suspicions of the strength of German influence over European politics appear to not be unfounded. Earlier this week, German Chancellor Angela Merkel called for dialogue between the Chinese and European Commission. It has been announced that the EC and China’s Ministry of Commerce have signed a Memorandum of Understanding in Brussels to increase cooperation between the EC’s competition department and China’s antitrust authorities.
French Ministry of Ecology, Sustainable Development and Energy and the Ministry of Productive Recovery has released a report detailing long-term operational recommendations and proposals for structural reforms to the renewables industry. The government will make a decision based on this report at a later unspecified date.
Gloom pervaded the Spanish solar industry when minister of industry, energy and tourism José Manuel Soria’s 19% tax on renewables receiving a FiT was announced in July to end the tariff deficit of US$30 billion. However, the cabinet has now launched a draft umbrella tax of 6% payable by all energy suppliers, irrespective of power generation method, lifting the mood a little.