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Sun burns in Europe
Europe governments have been lowering incentive and setting up barriers to protect the domestic solar industry
IN THE NEWS
Thursday 12 July 2012
Centrotherm bankruptcy will not affect Sunshine PV, says Solartech
The world's largest solar equipment firm, Germany-based Centrotherm, filed for bankruptcy protection on July 11. Centrothem has been an important provider of solar equipment to Taiwan's...
Wednesday 11 July 2012
Bulgaria cuts solar FITs by 50%
Following Germany's April 1 solar incentive cut policies, Bulgaria announced 50% solar incentive cuts in effect on July 1. Italy has been rumored to announce new Conto Energia 5 (CE5)...
Monday 9 July 2012
Europe solar firms reportedly seeking anti-dumping probe against China comeptitors
Germany-based SolarWorld reportedly is campaining to have EU launch an anti-dumping probe against China-based solar firms.
Wednesday 4 July 2012
Germany passes April 1 solar incentive cuts with minor changes
The government of Germany has passed its April 1 incentive cuts program with minor changes. The annual installation target remains at 2.5-3GW and as accumulated installations reach...
Wednesday 27 June 2012
Germany review committee to announce results on April 1 incentive cuts on June 27
Germany's April 1 solar incentive cuts were halted by the Bundesrat (Federal Council) for reviews. The review committee will announce its decision on June 27. Industry sources noted...
Monday 18 June 2012
Centrotherm faces credit line issues
Due to the continued poor market environment, and the resultant strained financing situation, merchandise credit insurance companies have informed Centrotherm, a Germany-based solar...
Tuesday 5 June 2012
Commentary: China firms plan to acquire Europe-based solar peers
As solar firms in Europe suffer financial losses due to lack of competitiveness against China-based solar firms, according to a June 3 article by The Financial Times, China-based...
Thursday 5 January 2012
REC makes further adjustments to wafer capacity in Norway
To reduce its exposure towards a continued weak spot market for wafers, Renewable Energy Corporation ASA (REC) has decided to initiate a process with the trade unions, with the intention...