Photovoltaics in Ukraine: Activ Solar commissions final phase of 100 MW Perovo Solar Power Station

Thursday, 12.29.2011 - 13:12 (Solarserver)

On December 28th, 2011 Activ Solar GmbH (Vienna, Austria) announced the completion and start of commissioning of the fifth and final phase of the 100 MW Perovo Solar Power Station, a solar photovoltaic (PV) plant in Perovo in Ukraine's Crimea. The plant is comprised of 440,000 crystalline silicon PV modules connected by 1,500 km of cable and installed over an area of 200 hectares. Read more

EMCORE PV revenues grow as losses continue

Thursday, 12.29.2011 - 13:07 (Solarserver)

On December 23rd, 2011 EMCORE Corporation (Albuquerque, New Mexico, U.S.) released financial results for its fourth quarter and fiscal year (FY) ending September 30th, 2011. Revenues in company's Photovoltaics segment grew 31% sequentially to USD 21.2 million during the fourth quarter of 2011. However, the company also reported a -28% operating margin and a net loss of USD 14.3 million in the fourth quarter, as well as a -16% operating margin and net loss of USD 34.2 million over the full FY 2011. Read more

New Financing Mechanism: Solar-backed Securities

Thursday, 12.29.2011 - 17:55 (Renewable Energy World)

The idea of creating solar-backed securities has generated strong interest among U.S. project developers who want to access more capital to grow their business. The idea also is sprouting up in India, which is only at the beginning of building a market for solar energy. Read more

Tata Power become sole owner of Tata BP Solar

Thursday, 12.29.2011 - 13:23 (Solarserver)

On December 27th, 2011 the Tata Power Company Ltd. (Mumbai, India) announced that it will purchase all the shares of joint venture Tata BP Solar India Ltd. (Bangalore, India) held by BP Alternative Energy Holdings Ltd. (Sunbury-On-Thames, U.K.), to become the 100% owner of the company. BP currently holds a 51% stake in Tata BP Solar. The Reserve Bank of India (Mumbai, India) and the Competition Commission of India will both need to approve the transaction before it can be completed. Read more

Centinela Solar PV project gets go-ahead from Imperial County

Thursday, 12.29.2011 - 13:10 (Solarserver)

On December 27th, 2011, the Board of Supervisors in Imperial County, California approved a conditional-use permit for the construction of the Centinela Solar project, a 175 MW solar photovoltaic (PV) project near El Centro. The Imperial County Board of Supervisors has also approved a variance and all other findings, as well as a public benefit agreement between Imperial County and developer LS Power Group (New York, New York, U.S.). Read more

Solarhybrid to purchase Solar Trust U.S. project pipeline

Thursday, 12.29.2011 - 13:09 (Solarserver)

On December 22nd, 2011 Solar Trust of America (Oakland, California, U.S.) issued a statement clarifying that insolvency proceedings at Solar Millennium AG (Erlangen, Germany) will not directly impact Solar Trust of America. Solar Millennium is the majority owner of Solar Trust's equity. Solar Trust also announced that it has signed a number of agreements with Solarhybrid AG (Brilon, Germany) and Solar Millennium, through which Solarhybrid will acquire a 1.75 GW solar project pipeline. Solar Trust notes that these agreements are conditional upon further approvals by the parties as well as due diligence to be concluded by the first quarter of 2012. Read more

Renewable Energy Recap: United Kingdom

Thursday, 12.29.2011 - 15:00 (Renewable Energy World)

Developers, manufacturers, investors and other renewable energy industry stakeholders need to know where the next big market is going to be so that they can adjust their business decisions accordingly. Read more

Top 10 Most-read Blogs of 2011

Thursday, 12.29.2011 - 15:00 (Renewable Energy World)

Here at RenewableEnergyWorld.com, we encourage you to lend your voice to the discussion. One of the best methods to do this is to post a blog, and we see fantastic insights each day. In case you missed them, here are the top 10 most-read blogs of 2011 ? keep blogging! Read more

Renewable Energy Recap: Ukraine

Thursday, 12.29.2011 - 15:00 (Renewable Energy World)

Developers, manufacturers, investors and other renewable energy industry stakeholders need to know where the next big market is going to be so that they can adjust their business decisions accordingly. Read more

IREC names California Renewable Portfolio Standard, Renewable Auction Mechanism among top U.S. renewable energy policies in 2011

Thursday, 12.29.2011 - 13:23 (Solarserver)

The Interstate Renewable Energy Council (IREC) has named two California policies among the most important U.S. renewable energy policies in 2011: the state's legislation to enshrine in law its 33% Renewable Portfolio Standard (RPS), and the implementation of its Renewable Auction Mechanism (RAM) competitive solicitation program. In IREC's "Top 10 (+1) notable policy developments of 2011" the agency also included Rhode Island's feed-in tariff and an increase in the solar carve-out in the District of Columbia's RPS, as well as noting the expiration of the Section 1603 Treasury Grant Program. Read more