OneShore Energy, a Berlin-based start-up specializes in the analysis, planning and operation of solar-diesel hybrid plants has been acquired by BayWa r.e. With this acquisition the company is further expanding its commitment to off-grid solutions.
The Indian government has released new regulations that could severely affect the Indian PV boom: The Goods and Services Tax (GST) rates have been raised under the new indirect tax regime to a rate of 18 %.
Within the scope of expansion of its business activities on the Australian german solar energy system project developer Wirsol has opened a new office in Sydney. The new office will coordinate the company's entire Australian activites, meaning the realisation of planned solar farms and the development of further potential projects.
Kanoya Osaki Solar Hills LLC has launched the construction of a 92 MW solar power plant in the japanese Kagoshima Prefecture. The solar power operating company is a joint venture of Kyocera Corporation, K.K. GAIA POWER, Kyudenko Corporation and Tokyo Century Corporation. Once finished the power plant is expected to generate 99,230 MWh annually, enough electricity to power approximately 33,370 typical households, offsetting roughly 52,940 tons of carbon dioxide emissions per year.
After conducting a review of the company's current situation the management board of SolarWorld cam to the conclusion, that the Company no longer has a positive going concern prognosis, is therefore over-indebted and thus obliged to file for insolvency proceedings. The main Reasons are ongoing price erosion and the development of the business.
Elon Musk, CEO of Tesla, has announced, that the company is accepting orders for their solar tiles starting starting today. The announcement has been made using Twitter. Now customers can pre-order the black glass smooth and the textured version.
The Manz AG has announced today that the sale of its subsidiary Manz CIGS Technology has been completet. The transaction was part of an strategic cooperation deal with the Chinese partners Shanghai Electric Group and Shenhua Group.
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