LDK Solar, one of the world's largest producers of solar wafers, has finalised a deal to sell three solar plants to Henan Xindaxin Materials for RMB140 million (US$22.4 million).
The French Energy Regulation Commission (CRE) has fixed its feed-in tariff (FiT) to €0.035 (US$0.045) and €0.075 (US$0.097) for the fourth quarter of 2012, having fallen from €0.045 (US$0.058) and €0.095 (US$0.123).
Phoenix Solar has amended its revenue expectations for its 2012 financial year with revenue expected to drop to between €150 and €170 million (US$194 to US$200 million) for the year.
The California Public Utilities Commission (CPUC) approved two amended BrightSource contracts, totaling 1,300,000MWh annually, with Southern California Edison (SCE).
The UK Department of Energy and Climate Change (DECC) has announced that solar installations under the country’s feed-in tariff (FiT) have reached 1.3GW across the UK, according to Solar Power Portal.
Modules by China-based Talesun have received the VDE accreditation from TÜV Rheinland. The IEC61701 and IEC62716 certificates were awarded for both salt mist corrosion and PID (potential induced degradation) tests to measure the degradation in performance at 85°C.
Diminishing government subsidies mean overall revenues in the European PV solar market will shrink to €6.57 billion by 2015, a study by market research company Frost & Sullivan has estimated.
