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Monday, 19 December 2011
San Francisco-based solar projects developer Recurrent Energy, now fully owned by Sharp Corporation, secured $250 million in financing from Mizuho Corporate Bank under a four-year revolving credit facility. The money will support 20 solar photovoltaic projects across Ontario, Canada which would churn out more than 200 MW of electricity for residents in the province.
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Monday, 07 November 2011
According to scientists, the situation of the world right now is this: we have a warming planet. The warming is causing the ice to melt, raising sea levels that over the 20th century have gone up by up to 20 centimeters (almost 8 inches). Nine of the last 10 years were the hottest years on record.
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Wednesday, 02 November 2011
German solar module manufacturer Odersun A.G., having met the requirement to have at least 60 percent of their systems be European-made, is now eligible for a 10 percent higher feed-in tariff rate in Italy.
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Friday, 14 October 2011
Britain’s Department of Energy and Climate Change announced that the European Commission has approved higher anaerobic digestion subsidies which took effect last September 30, under state aid rules. The changes to the feed-in tariff scheme mean that projects will now receive 14 pence ($0.22) per kilowatt-hour of electricity-generated for all anaerobic digestion installations under 250 kilowatts and 13 pence/kWh for all installations between 250 and 500 kW from the former rate of 12.1 pence/kWh
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Friday, 16 September 2011
Analysts say Greece's high feed-in tariff rates might turn it into a top market
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Thursday, 15 September 2011
Greece F.I.T. programs pay 40 euro cents kWh for solar
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Tuesday, 13 September 2011
Degerenergie is banking on favorable conditions for solar in Victoria
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Monday, 05 September 2011
First Solar, Inc., the world’s largest maker of thin-film solar modules, received $455.7 million worth in loan guarantees from the Export-Import Bank of the United States for two solar power projects in Ontario. The bank will guarantee a loan worth $236.7 million for a 50-megawatt plant to be built in the townships of Amherstburg, Belmont and Walpole. Another guarantee for a $219 million loan was also approved for a 40-MW solar farm in St. Clair.
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Friday, 02 September 2011
Falling solar power component prices recorded last August could continue this month, confirming some solar companies’ fears that product demand will recover slower than expected despite improving conditions in key European markets. The price of polysilicon, the essential solar cell raw material, dropped by 1.14 percent to an average of $50.52 per kilogram in the last week of August, compared with a week earlier.
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Thursday, 01 September 2011
Greenergy Holdings Inc., seeing prospects in the Philippines’ much-awaited feed-in tariff rules, will form a joint venture with a Chinese company that will invest at least $1.3 billion to develop wind power projects in the country. Philippines-based Greenergy, formerly known as Musx Corp, signed a memorandum of understanding yesterday with Tianjin Tianbao Investment and Development Corp.
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Friday, 12 August 2011
The European Commission filed a formal complaint at the World Trade Organization against the province of Ontario, Canada following Japan’s move to challenge a program that pays high rates to wind and solar developers that use locally produced parts. Ontario’s feed-in tariff program, created by the province’s Green Energy Act.
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Thursday, 04 August 2011
China has set its first national feed-in tariff rates for solar power projects beyond those put up for tender under the country’s previous solar solicitations. China first used a feed-in tariff scheme in 2009 when it announced an open bidding process for a 10-megawatt solar photovoltaic project in Dunhuang city, Gansu Province.
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Thursday, 28 July 2011
LONDON, July 27 (Reuters) - The British government plans to plug a loophole in its support scheme for solar power plants which would have allowed producers to benefit from higher tariffs for large-scale plants which the government intends to curb. The Department of Energy and Climate Change announced on Wednesday it intends to change a clause on solar plant extensions from October 31, 2011 to prevent developers from snapping up higher tariffs for projects of commercial size.
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Monday, 25 July 2011
The World Trade Organization formed a dispute panel upon Japan’s request to review a trade complaint filed last year on Ontario’s feed-in tariff program which Japan said violated international trade laws. On September 13 last year, Japan complained that Ontario’s feed-in tariff program discriminated against foreign companies manufacturing components for renewable energy systems.
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Friday, 10 June 2011
Britain’s Department of Energy and Climate Change has finally decided to cut its subsidies for solar electricity by as much as 70 percent, a move aimed at protecting smaller installations especially in households. The decision was done while increasing the incentive rates for anaerobic digestion facilities.
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Tuesday, 29 March 2011
MILAN, March 28 (Reuters) - Italy will not set solar power capacity limits under a new incentive scheme but will instead cap the amount of money it intends to spend for incentives, the environment minister was quoted as saying on Monday. Details of Italy's new support scheme for the solar sector are keenly watched by international investors and industry operators who fear that an annual cap on incentivized capacity would slow down the country's booming solar market.
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Monday, 21 March 2011
Britain’s Department of Energy and Climate Change outlined specific plans toward slashing its feed-in tariff rates for large solar photovoltaic energy projects by as much as 70 percent. On the other hand, the government is looking into increasing the incentive rates for anaerobic digestion facilities. Both plans, however, sparked strong response from Britain’s renewables sectors.
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Wednesday, 16 March 2011
German solar photovoltaic manufacturer Centrosolar Group AG posted record revenues and profits in 2010 but sees a weakening German market this year as the government plans to chop feed-in tariff rates.
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Friday, 11 March 2011
Britain provided £860-million ($1.39 billion) worth of funding for low-carbon heating systems of businesses and households, which industry groups welcome. The Renewable Heat Incentive is intended to help households and businesses emit less carbon dioxide by using renewable heat pumps, biomass boilers, and solar thermal panels.
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Tuesday, 08 March 2011
Britain has launched its national climate change plan on Tuesday, laying down different departments’ specific actions and deadlines for the next five years in order to attain a low-carbon economy. The so-called Carbon Plan engages the British departments – Energy and Climate Change, Transport, Environment and Rural Affairs, Business and Technology, Local Government, Budget and Foreign Affairs – into developing policies, financing mechanisms, and institutions that will help achieve emission
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