Malaysia launched its new Feed-in Tariff (FIT) on December 1 and by December 2 it had received 201 proposals for 143.78MW worth of PV projects.
Given less than 5% of total U.S. installed capacity has been deployed more than 10 years and less than 18% has been generating power more than 5 years, expect a lot of warranty claims in the next five years.
Germany-based Heliatek announced its organic solar cell has achieved a new world record efficiency of 9.8%, up from the previous best of 8.3%.
As a supply glut in the industry drives down equipment costs, India drew a record-low price of $0.15kWh for solar power in and auction to build about $700M of solar power plants.
International Energy Agency says solar technologies could provide a third of the world's energy by 2060 if politicians commit to limiting climate change.
LDK Solar plans to issue $472M of medium-term notes believed to roll over the company's current debt; first tranche will be $79M issued on December 7th, 2011.
The Obama administration ordered a review of the Energy Department's loan program; analysis will be conducted by former Treasury official Herbert Allison and chief of staff William Daley.
A live auction will be held November 2 and 3, 2011 to disperse assets from solar energy company Solyndra; bidding available live, by phone, and via live webcast on BidSpotter.
When the cost of solar panels goes up, the ones who suffer are not just the foreign module manufacturers but also local business that provide solar equipment and services.
Solar developer Recurrent Energy promoted Sheldon Kimber to Chief Operating Officer and Judith Hall to Chief Legal Officer and General Counsel; both served in vice president roles prior to the promotions.
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