Latest news
UK solar installations reached 1.3 GW due to drastic cuts in FiT
The Department of Energy and Climate Change has released new figures according to which a total capacity of 1.3 GW of solar installations was installed nationally at the end of September 2012. The severe cuts in feed-in tariffs for solar power in the UK reduced installations by almost 60 % in April, leaving the government far behind from its goal of 22 GW of PV by 2020.
read more... 26/10/2012
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
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
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
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