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Siemens to abandon solar market

German engineering conglomerate Siemens envisages to sell its loss- making solar energy business following a decline in profit margins which forced Siemens to reorganize its core activities.

read more... 23/10/2012

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China to support solar power industry

According to some government sources and industry officials, the Chinese government is working on policies to support the connection of photovoltaic solar power producers expand in the domestic market and help the industry get through tough times.

read more... 22/10/2012

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Germany will increase its renewables levy

Germany’s Federal Network Agency Bundesnetzagentur has announced that renewable power subsidies tax for German consumers will increase by 47%, from 3.59 cents per KWh to 5.28 cents per KWh, by 2013.The Government added that it will extend caps on subsidies for solar energy to more technologies including wind and biomass.

read more... 17/10/2012

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Daily: German power spot prices decline on solid wind and solar capacity

Brent crude increased on Monday, being backed by delays in North Sea production and reluctance about a proposal from Iran to negotiate the halting of higher grade uranium enrichment and as Brent's premium to U.S. crude hit its upper level in a year. Brent crude climbed $1.18, or 1.03 percent, to settle at $115.80 a barrel, after a trading ranged from $113.58 to $115.91.

read more... 16/10/2012

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SunEdison to build Europe’s largest solar power plant in Italy

SunEdison, a global provider of solar-energy services, a division of MEMC Electronic Materials,Inc. WFR will develop and construct a 72 MW photovoltaic solar power plant in northeastern Italy, near Rovigo.

read more... 15/10/2012

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