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17 April 2012

Ariya Capital teams with Element Power Solar to source Africa solar opportunitiesp

solarpanel_150312_170 Ariya Capital, a private equity firm that has bases in both the UK and Botswana, has teamed with project developer Element Power Solar to identify renewable energy opportunities across Africa.

17 April 2012

PV must survive without policy help until Europe’s rebound: SAG Solarstromp

globe_Europe_170_170 The solar industry must learn to survive without the protection of favourable government policies, SAG Solarstrom CEO’s told NewNet, as a wave of bankruptcies strike many of its competitors.

17 April 2012

Emerging markets catalyse solar growthp

Developing nations are becoming crucial markets for small-scale solar generation, with some of the most forward-thinking companies focusing their attention here, rather than worrying about support mechanisms woes in Europe.

17 April 2012

First Solar to cut 2,000 jobs in bid to save money

First_Factory_170SQ US company First Solar has announced plans to cut 2,000 jobs, as it restructures operations to achieve annual savings of $100m to $120m.

17 April 2012

MiaSolé appoints Preetha Nair as country manager of India

Photovoltaics manufacturer MiaSolé has welcomed Preetha Nair as its country manager in India.

17 April 2012

Canadian Solar denies CNOOC purchase negotiations

Reports in the Chinese media that China National Offshore Oil company was negotiating to buy Canadian Solar have been denied by the solar company.

16 April 2012

Ex-Im Bank loans $80m for CSP projects in India

concentrated_solar_170_170 The US Export-Import Bank has approved an $80.32m loan to India’s Reliance Power, for the purchase of concentrated solar power technology.

16 April 2012

France’s Solairedirect sees 113% net profit increase

French company Solairedirect saw consolidated net profit rise 113.9 per cent in 20111 to €19.3m.

16 April 2012

First Solar lawsuit will continue, says law office

cloudsthroughsun_170 Law offices of Howard Smith will continue its investigation of potential claims against First Solar and its board of directors, it has announced.

16 April 2012

SunPower aggressively trying to lower costs

Embattled US solar company SunPower has said it is on track to reduce production costs to $0.86 per watt by the end of the year.

16 April 2012

Solar Junction receives DOE support for CPV technology

US concentrated photovoltaic developer Solar Junction has received a Sunpath award from the Department of Energy, as part of a $21.5m programme to advance the use of CPV.

16 April 2012

Australia’s ACT receives strong support for solar tender

The Australian Capital Territory has received strong interest for its solar tender, with 49 separate prequalification proposals being submitted as part of a request for proposals.

16 April 2012

Deal round-up: Deal flow underlines California’s leadershipp

goldengate_170_170 California has long been a leader in the cleantech sector and a number of recent deals – supported once again by favourable legislation – show momentum remains strong.

13 April 2012

Chinese company Sky Solar forms JV to target Europe

Chinese photovoltaic companies Sky Solar and Shanghai Chaori Energy Technology have formed a joint venture to target the European market.

13 April 2012

Silverado, Martifer Solar join forces for interconnection investments in California

San Francisco-based Silverado Power has committed $50m in interconnection financial security for solar projects in California, in partnership with Martifer Solar.

13 April 2012

US transport authority launches solar RFPp

A US transport authority has launched a request for proposals as it looks to secure power purchase agreements for two separate renewable energy facilities.

13 April 2012

Walmart expands US solar commitments in Colorado

Walmart will expand it solar commitments in the US after announcing six projects at its stores across Colorado to be implemented in partnership with SolarCity.

13 April 2012

Italy’s Solarday enters liquidation as European solar woes continuep

italymap_170_170 Italy-based Solarday has entered liquidation, becoming the latest victim of Europe’s falling solar market.

13 April 2012

Italy to cut renewable incentives but raise clean power target

italy_130412_170 Italy will cut financial incentives by €3bn a year for solar and other renewable energy technologies that it blames for an increase in consumer power bills but conversely has raised the national renewable energy targets for 2020.

12 April 2012

US Department of Defense looks to deploy 3GW of renewable power by 2025p

Tank_170SQ The US Department of Defense will look to deploy 3GW of renewable energy by 2025, creating a wealth of opportunity for project developers in the country.

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