SolarWorld said in a statement that it had reached an agreement with a long-term “raw material” supplier to restructure supply contracts that would result in impairment charges in the “double-digit million Euro amount.”
A new R&D project in Germany has been formed to make breakthroughs in new innovative PV inverter concepts that will focus on cooling and packaging advancements to improve conversion efficiency, cost and service life, which are key BOS costs to PV systems.
ABB Group member, Power-One said that after sales technical support for its installed base of PV inverters in Greece would be outsourced to Athens-based, Survey Digital.
Electrical engineering firm, Ingeteam has a won a tender from the Electricity Authority of Cyprus to supply 175 single-phase PV inverters to planned residential and commercial rooftop projects in the country.
The levelised cost of electricity (LCOE) from both solar PV and onshore wind in Germany are expected to decline below that of fossil fuels by 2030, according to a new study conducted by the Fraunhofer Institute for Solar Energy Systems ISE.
The growth of installed solar energy capacity in Greece remained almost non-existent in the second half of 2013 with no new large projects added in December at all as a government moratorium took hold.