The Italian PV association, Gruppo Imprese Fotovoltaiche Italiane (GIFI), had previously demanded the government provide verification for the drafts of the new energy bill to replace Conto Energia four floating around the internet. However, market research company Jefferies, following its attendance at a photon conference has advised caution to its investors to not believe a fifth energy bill has already been released. The government is to announce its decision either late spring or early summer.
German EPC company Solea has developed and completed construction of a 7.7MW ground-mounted PV project in record time.
On February 23, the German federal environmental ministry released a proposal for its new renewable energy laws, including cuts in FiTs by 30%, effective March 8, 2012.
The University of Seville, the Social Council and the Focus-Abengoa Foundation have awarded the 9th “Javier Benjumea Puigcerver” research prize to Eduardo Fernández Camacho for his applied research on the increase in performance of solar-thermal plants through predictive control. The prize was awarded to the university professor on the basis that his submitted work was of “extraordinary scientific value” to the globally important issue of energy supply.
The partnership between Silfab SpA and ISC Konstanz has announced the achievement of a 21% energy conversion efficiency for large area monocrystalline silicon solar cells. The news is a result of the companies’ research partnership on ‘Zebra’ interdigitated back-contact (IBC) cells as unveiled by the joint venture last summer. It is believed that efficiency could eventually top 24% for the solar cells.
The Supreme Court has rejected the UK government’s appeal over cuts to the domestic feed-in tariff scheme. In the latest of three court cases, judges upheld the decision of a Judicial Review that ruled the Department of Energy and Climate Change’s (DECC) proposed revisions to the FiT were “legally flawed”.
The Federal Network Agency recently confirmed earlier reports that in 2011, a 7.5GW capacity of solar was installed in Germany, amounting to nearly 238,000 units installed in total. Bavaria led the way with 1.75GW installed followed by Brandenburg with 1GW. The agency acknowledged that the regional shift was due to the expansion of open space systems.
UK-based Romag and Chinese LDK Solar have formed a research and development alliance to share their knowledge and expertise in the progress of solar technologies. This collaboration is the first of its kind for a UK PV module manufacturer.
German company Wattner has acquired the 5.6MW solar power plant Rätzlingen I in Lower Saxony and invested approximately €10.5 million to incorporate it into its Wattner SunAsset 3 fund.
Having posted record revenue of CHF 1.32 billion in 2011, major PV equipment supplier, Meyer Burger acknowledge that 2012 would be a lean year due to overcapacity and significant cuts to capital spending from PV manufacturers. The company guided revenue to be down significantly in 2012 and in the range of CHF 600–800 million and an EBITDA margin between 4–8%. Management noted that it didn’t expect a recovery in demand for equipment until 2013 and had started a restructuring plan to reduce operating costs with a 15% workforce reduction.
Canadian deputy minister Fareed Amin sent an update on Ontario’s two-year review of its FiT program, announced in October 2011, to the ministry of energy. The changes to Ontario’s renewable energy scheme include a 20% cut to the FiT for solar and a 15% cut to wind power. All other renewables will remain at the current level. Tariffs will be adjusted annually each November and will take effect on January 1 the following year, inline with market conditions. Prices ill be set once a contract is offered rather than when a project application has been sent to the relevant department.
