Citing an expected strong Japanese market, PV inverter market leader, SMA Solar Technology has officially opened its new sales and service subsidiary in Japan, which will initially support small-scale PV system installations. The company noted that support for larger-scale system installations would come later, without providing timelines.
Billed as one of the largest PV power plants so far built in Thailand, a 7.5MW project, know as the Nakhon Ratchasima Solar Farm in Khorat region, northeastern Thailand has been completed by project developer Sonnedix using First Solar’s CdTe thin-film modules. The project is also the first in Thailand undertaken by Sonnedix with support of Assyce Fotovoltaica and Ch. Karnchang Group.
Cell efficiencies of higher than 18% using quasi-mono wafers have been claimed by Taiwan-based cell producer, Gintech Energy. To be displayed at PV EXPO 2012 in Japan in March, Gintech also said its optimized pattern design and process recipe has achieved cell efficiencies of 19% for its Douro Series monocrystalline solar cells and more than17% for its multicrystalline solar cells.
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.
