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Duke acquires Arizona PV plants

Duke Energy Renewable has recently acquired from Recurrent Energy two utility-scale power plants in Arizona, the Ajo Solar Project and Bagdad Solar Project for an unknown amount. These represent the company’s first plants in the West of America.

read more... 15/12/2011

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UK to face legal action from EU

The British Government could face legal action from European Union over intentions to cut feed-in tariffs for PV systems and introduce energy efficiency requirements on buildings seeking for incentives. The EU Energy Commissioner, Günther Oettinger, considers also that EU could take legal action against any state which weakened its policies threatening thus the achievement of green energy targets.

read more... 12/12/2011

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Largest Indian PV plant to get 48 million dollars loan

The largest Indian solar PV power plant, with a total capacity of 40 MW, received a long-term loan from the Asian Development Bank worth 48 million dollars. The Dahanu solar power plant will be built in the western state of Rajasthan, and it is planned to be completed by the second quarter of 2012.

read more... 07/12/2011

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Asia-Pacific PV market likely to grow 130% by 2011

According to the released report by Solarbuzz, Asia Pacific Major PV Markets, Asia’s solar market is likely to grow 39% in the final quarter of 2011 and by 130% between Q4 2010 and Q4 2011.

read more... 05/12/2011

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Global PV market to reach 130 billion dollars by 2015

According to a new market research study “Global Photovoltaic Market &Insights into Chinese and Japanese Photovoltaic Markets (2010-2015)” released by MarketsandMarkets, the market for PV is likely to increase considerably, with an annual growth rate of 18.5 % from 2010 to 2015 expected to reach 130 billion dollars by 2015.

read more... 22/11/2011

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