News

Japanese renewable energy project developer Eurus Energy is scheduled to begin construction on an 115MW AC solar park in Japan.

Austria will install a record amount of solar PV capacity this year, according to the country’s PV trade group, Photovoltaic Austria.

To benefit from a new feed-in tariff (FiT) system to be introduced in Indonesia, Canadian Solar is planning to partner with local PV module manufacturer, PT Swadaya Prima Utama on a proposed 60MW plant.

To manage areas of high and low irradiance and prevent project clustering, China has introduced new tariffs based on geographical location.

Distressed capital management firms, Clearwater Capital Partners and Spinnaker Capital are working with Suntech Power Holdings to prepare a major restructuring plan for the ailing PV module manufacturing, including downsizing through asset sales and a recapitalisation that could mean majority share takeover by unidentified investors.

China-based monocrystalline wafer supplier, Comtec Solar Systems Group reported a wafer, ingot and polysilicon shipment increase of approximately 102% for the first-half of 2013, compared to the same period of 2012.

Leading machine vision systems specialist, ISRA Vision has hinted at further PV equipment acquisitions and a whiff of recovery in equipment enquiries within the PV sector in reporting third quarter financial year results.

Laos-based Sunlabob Renewable Energy has been awarded a contract to provide training to PV engineers in the Pacific island state of Kiribati.

Japan’s Ministry of Economics, Trade and Industry (METI), has requested an increase in the nation’s clean energy budget of 62%, partly to help relieve bottlenecks of solar power projects.

Market research firm IHS believes that Belgium-based PV project developer and systems integrator, Enfinity has been taken over by American investment group EverStream Energy Capital Management, established by SunEdison.