Daily Archives: March 19, 2013

NPD Solarbuzz: PV market to reach 31GW in 2013; 45% ground mounted

Posted on March 19, 2013 by Ritesh Pothan

For the first time, China is expected to become the largest market, surpassing Germany. Indeed, Asia is fast becoming the largest markets, according to NPD Solarbuzz, which expects China, Japan, and India combined to account for 36% of global PV … Continue reading →

Posted in Crystalline, PV, Renewables, Solar | Tagged , , , , , , , , , , , , , | 1 Comment

Crunch in module availability as EU hardens stance against China

Posted on March 19, 2013 by Ritesh Pothan

Updated: The European Commission’s anti-dumping investigation into PV modules shipped into EU countries from China is having a major impact on module availability and forcing distributors, project developers and installers to alter purchasing decisions, PV-Tech reveals. The start of import registration … Continue reading →

Posted in Crystalline, PV, Thin Film | Tagged , , , , , , , , | 2 Comments

ReneSola sold out until July; posts record quarterly results

Posted on March 19, 2013 by Ritesh Pothan

ReneSola reported net revenues of US$306.5 million in the fourth quarter, up 40.5% from US$218.2 million despite a decrease in the ASPs of solar wafers and modules. Full year 2012 shipments increased to a record 2.2GW, up over 70% from … Continue reading →

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Advanced batteries for utility-scale applications in Asia Pacific to exceed 25GW by 2022

Posted on March 19, 2013 by Ritesh Pothan

The total installed capacity of advanced batteries for utility-scale applications in Asia Pacific is forecast to reach 25.1GW by 2022, according to a new report by market intelligence firm Pike Research. The report, Energy Storage in Asia Pacific, explains that the … Continue reading →

Posted in Grid Storage, Transmission and Distribution | Tagged , , , , , , , | 1 Comment

Cross-defaults triggered for Suntech’s bonds; suppliers and lenders start payment claims – Another one bites the dust!

Posted on March 19, 2013 by Ritesh Pothan

Suntech Power Holdings default on paying back its US$541 million convertible note last week has triggered cross-defaults on other loans, according to the company. Suntech also said in a statement, confirming its US$541 million convertible note default, that some of … Continue reading →

Posted in Crystalline, PV, Solar | Tagged , , , , , , , , , | 1 Comment

Mahindra launches electric car ‘e20’ priced at Rs 5.96 lakh ($10,500)

Posted on March 19, 2013 by Ritesh Pothan

The Mahindra group today launched its first electric car ‘e2o’ priced at Rs 5.96 lakh (on road Delhi, after state subsidy), almost three years after it acquired Bangalore-based electric car maker Reva. The group also said it has plans to … Continue reading →

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