In addition to the 8% FiT cuts made in January, effective March 1 the Swiss Federal Department of Energy (DETEC) will further reduce the FiTs for PV power plants by 10% for new facilities.
The Chinese Ministry of Finance has announced that it has changed certain FiT regulations, claiming this will speed up domestic large-scale applications of PV power generation and promote sustained and steady development of the PV industry. This will apply to grid-connected PV installations.
Danfoss Solar Inverters and MimtaSolar have entered an agreement, which will see MimtaSolar distribute Danfoss’s TLX and ULX inverter series throughout Turkey. The company will offer its single phase products in the 1.8kW to 5.4kW range and three phase products in the 6kW to 15kW range. The Danfoss inverter line is slated to be integrated into Mimta’s turnkey PV systems.
Israel’s energy and water minister, Uzi Landau, has signed a further 19 licenses for 27MW of solar photovoltaic projects, bringing the total number of conditional solar licenses granted for the country’s electricity grid to 515.5MW.
SunPower has now completed the acquisition of BIPV specialist Tenesol from Total, paying out US$165.4 million in cash. Ownership of Total in SunPower will increase to 66% as part of the transaction as Total purchases 18.6 million shares of SunPower common stock in a private placement at US$8.80 per share.
Fluor Corporation announced it had been selected last year for its EPC services to contribute towards Arlington Valley Solar Energy II’s (AVSE II) 125MW solar facility in Maricopa County, Arizona. Fluor has also acquired a contract for ongoing operations and maintenance services. In 2002, Fluor designed and constructed the Arlington Valley Combined Cycle Facility nearby.
For the first time, the US Department of Commerce has issued a finding, ahead of the preliminary determination on duties, scheduled for March 2. In order to prevent “a massive, evasive surge of Chinese solar cell and panel imports”, the department has proposed that countervailing duties will apply to all imports of cells and modules from Chinese exporters that were brought into the United States starting December 3, 2011.
Continuing with the impact of overcapacity and falling prices, REC has said that another long-term wafer sales contract signed in the 2006-2008 period had been terminated. REC said that it would receive a cash compensation of approximately US$34.2 million (NOK 220 million) in relation to the cancellation. REC did not disclose the customer involved.
The Coalition for Affordable Solar Energy (CASE) has commissioned an economic analysis to counter the petitions to the US Commerce Department and the US International Trade Commission by SolarWorld, demanding 250% tariffs on Chinese imports. The Brattle Group has found that a 100% tariff on imported solar PV cells and modules from China would result in as many as 50,000 net lost jobs in the US over the next three years. Furthermore, retaliatory tariffs placed on US exports of polysilicon to China would put nearly 11,000 more American jobs at risk in the first year following tariff imposition.
Following its win at the 2011 Solar Decathlon event, the University of Maryland has found a buyer for its winning entry, WaterShed. Pepco, the electric service provider, has purchased the solar-powered house and will transport the building to one of its facilities in Montgomery County, Maryland where it will act as a ‘living classroom’ to illustrate the clean energy possibilities.
