Statkraft is to sell its solar project company RA 2 to Innotech Solar's company, ITS Power. RA 2 owns the 3.3MWp solar project 'Borgo', which is under development in the municipality of Latina, 70km south of Rome, Italy. Borgo has now gained grid connection from Italian power company, ENEL. Innotech Solar anticipates the project to be fully operational by 2011.
FHR Anlagenbau, the wholly-owned subsidiary of centrotherm photovoltaics, is to supply several CIGS roll-to-roll coating systems to Leipzig-based Solarion. The systems, which are to be shipped throughout 2011, will form the central component of a 20MW annual capacity CIGS thin-film solar cell production system. Solarion is further planning to expand production to 180MW at the Leipzig site together with strategic investor Walsin Lihwa Corporation of Taiwan.
After a fair amount of digging and the much needed help of our German correspondent we can now confirm that the reports of a 16-17% cut in feed-in tariff rate for Germany were true, and the cuts are to go ahead from April 1, 2010. Click here to see the analyst's thoughts on these cuts.
