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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

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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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Queen Elizabeth’s Crown Estate makes some important steps towards supporting renewable energy in UK

The Crown Estate, which handles one of the largest property and marine portfolios in the UK, has recently released the conclusion of a report that it had undertaken into the potential capacity of marine energy that is obtainable in the UK. The findings estimate that as much as 118GW could be exploited from tidal power.

read more... 18/10/2012

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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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