Following a disappointing financial performance in 2011, COLEXON Energy to streamline its business continues. The company has sold two further solar project companies in southern Germany and Italy.
Solar PV capacity in the Ukraine is set to double in 2012, as a result of generous renewable incentives. Europe’s second-largest country currently hosts Europe’s biggest photovoltaic plant, a 100MW behemoth installed by Activ Solar GmbH last year, and is set to benefit from continued investment due to the scaling back of feed-in tariff schemes across Europe.
SPI Solar, US-based EPC services provider, has announced its third Greek venture, having acquired the necessary paperwork. Working alongside local partners SDL Solar and Global Energy Services, the installation is expected to be a 1MW fixed-ground-mount solar facility, located in Rhodope Prefecture, north-eastern Greece. The electricity will be purchased by Greek Public Power Corporation through a 20-year PPA.
Scandinavia is to receive 5MWp in equipment for solar projects from Premier Power Renewable Energy. The plants will be funded through an agreement with Danish firm, Viasol. Equipment will be shipped out this month, with all systems scheduled for completion by the end of 2012.
Market research firms Boston Consulting and Pike Research, have estimated a growth of more than US$10 billion over the next five years for the stationary energy storage market. An increased use of advanced battery technologies and new smart-grid technologies to enable the wide-scale use of wind and solar energy has could lead to as much as a 30% increase.
Exelon and First Solar have extended their deadline for initial funding of the DOE loan for the 230MW Antelope Valley Solar Ranch One (AVSR) project, in northern Los Angeles County, California. A revised construction permit has been approved but the delay could have meant First Solar repurchase the project from customer, Exelon today, February 24, 2012 as federal loan and loan guarantee would not be released in time of contract clauses kicking-in.
Updated: Due to an aggressive FiT cut of between 20% for residential and 30% for large-scale PV installations, the German government will introduce the FiT cuts from March 9, 2012 to eliminate a rush of installations to beat the tariff change. However, this would first need to be ratified in the cabinet and parliament, which could be sanctioned next week.
Arise has finished its restructuring process and is in the midst of completing projects and courting new clients. The company plans to provide a complete system integration service for its customers. Arise noted that it has severed its German cell manufacturing facility and the silicon R&D segments. Additionally, the company added a new finacing component to its systems division to help clients complete a lease option.
The Coalition for Affordable Solar Energy (CASE) announced GT Advanced Technologies and REC Silicon have been welcomed into the fold. The US-based companies will be joining the cause against the Coalition for American Solar Manufacturers (CASM) who claims Chinese manufacturers are trading unfairly.
Apple has announced in its Facilities Report it is to construct the largest end user owned, onsite solar array in the US. The rumours surrounding the technology company’s renewable energy goals have been put to bed. The 20MW facility, in Maiden, North Carolina, will be installed on 100 acres of land, supplying 42 million kWh of renewable energy annually. Apple will also be building a fuel cell installation, powered by 100% biogas to provide more than 40 million kWh of baseload renewable energy annually.
