Subsequent to the completion of the 10MW plant in Gujarat, Wararee has announced it has won an order to supply water pumps to the government of Rajasthan. Under the JNNSM & RKVY solar incentive policies, Waaree will provide 154 solar pumps.
Soventix Canada, formally Sovello Canada, announced at the Ontario Feed-In Tariff Forum 2012 that it has extended its material and workmanship warranty from five to ten years. The new warranty covers Soventix Canada's Sovello Project Pro Series and Consumer Pro Series solar modules, effective April 1, 2012.
Former US president Bill Clinton is to be keynote speaker at Solar Power International this September in Orlando, Florida. The solar energy conference and exhibition is presented by the Solar Energy Industries Association (SEIA) and the Solar Electric Power Association (SEPA).
As per the modifications to the German Renewable Energy Act last week, effective April 1st, 2012, new feed-in tariff payments for rooftop PV plants smaller than 10kW will be €0.195/kWh (USD$0.261/kWh). The rates for rooftop PV up to 1MW will be €0.165/kWh (USD$0.221/kWh) and rates for ground-mounted and rooftop PV of 1-10MW in size will be €0.135/kWh (USD$0.180/kWh).
The Italian PV association, Gruppo Imprese Fotovoltaiche Italiane (GIFI), had previously demanded the government provide verification for the drafts of the new energy bill to replace Conto Energia four floating around the internet. However, market research company Jefferies, following its attendance at a photon conference has advised caution to its investors to not believe a fifth energy bill has already been released. The government is to announce its decision either late spring or early summer.
Market research company, Five Star Equities, has released figures showing last week’s determination from the US Department of Commerce putting up barriers against Chinese manufacturers, had a negligible effect on solar stocks.
UK-based Romag and Chinese LDK Solar have formed a research and development alliance to share their knowledge and expertise in the progress of solar technologies. This collaboration is the first of its kind for a UK PV module manufacturer.
Canadian deputy minister Fareed Amin sent an update on Ontario’s two-year review of its FiT program, announced in October 2011, to the ministry of energy. The changes to Ontario’s renewable energy scheme include a 20% cut to the FiT for solar and a 15% cut to wind power. All other renewables will remain at the current level. Tariffs will be adjusted annually each November and will take effect on January 1 the following year, inline with market conditions. Prices ill be set once a contract is offered rather than when a project application has been sent to the relevant department.
The US Department of Commerce has released its preliminary determination on countervailing imports of silicon PV modules from China. The DoC states Chinese producers and exporters received a subsidy ranging between 2.9-4.73%. Many analysts had expected subsidies in the range of 20-30%. Suntech and Trina Solar appear to have been singled out with Suntech having received 2.9% and Trina 4.73%; all other Chinese companies will receive 3.61%.
