Latest news
China: Power production from wind increased more than coal in 2012
According to new statistics released by China Electricity Council, power production from wind increased more than from coal in 2012. Fossil-fired production of electricity increased 0.3 % last year, an addition of about 12 terawatt hours (TWh) of electricity, at the same time as wind-generated electricity grew 35.5% to 26 TWh, while solar-generated electricity reached a cumulative 3.5 terawatt-hours. Under China's 12th Five Year Energy Plan (2011-2015), the objective for renewables is to supply 30% of electricity-generating capacity, while coal plunges from 70% to 65% of energy production.
read more... 27/03/2013
Solar 21 acquires another Italian solar park
Solar 21 Renewable Energy Ireland Ltd, a Dublin-based investment firm has acquired another Italian solar park, bringing to seven the number of solar parks that the Irish company holds in Italy, after it has acquired another six solar projects which were owned by AEG Power Solutions, in November last year.
read more... 25/03/2013
China: The restructuration of PV solar subsidies system may hurt manufacturers
China, set to become the world’s biggest solar market, is facing a restructuration of its subsidies system, envisaging supporting smaller projects rather than large-scale ones in an effort to encourage new facility developments in areas with chronic power shortage issues, according to an industry official.
read more... 22/03/2013
Mitsubishi,INCJ and Solar Venture acquired a photovoltaic project portfolio in Italy
Mitsubishi Corporation (MC), Innovation Network Corporation of Japan (INCJ) and Solar Ventures have acquired 100% of Solar Holding, a company holding a total of 42 MWp of PV plants under operation in Italy.
read more... 21/03/2013
Japan to install 5 GW of solar PV, overtaking Germany and US
According to IHS IMS in 2013 Japan will grow by 120 % and will install over five GW of PV systems overtaking Italy, Germany and the USA in the installation of photovoltaic (PV) capacity. Installations are probable to surpass 1 GW in the first quarter of 2013, causing it to become the second largest market of the year.
read more... 20/03/2013