It seems like every few weeks the ebb and flow of feed-in-tariff fear and optimism rolls through the solar industry with rumors fueling speculation as what it means for solar companies, particularly those that do much of their business in the German, Italian and Spanish markets. Last week, the rumors continued…
I mentioned in a report several days ago that the industry feared Spain would retroactively cut their solar FIT program and some even … Read the rest
Fly On The Wall reported this morning that the German government will meet today in an attempt to agree on a unified plan for the reduction of the German FIT according to Collins Stewart. The lower house passed legislation in May calling for a 16% reduction to the roof-top FIT and a 15% cut to the FIT for ground based systems. Collins Stewart doesn’t expect any changes to come out of today’s meeting.… Read the rest
When I first started looking at solar stocks a few years ago, I assumed Canadian Solar was from Canada. Logical assumption, but this is a Chinese company that was doing business almost exclusively in China. It’s certainly more of a global company now and it can say it has a strong presence in Canada after announcing contract offers for 176MW in open field PV generation projects. The contracts were awarded as part of Ontario’s new … Read the rest
California continues to lead the way for the US in the alternative energy revolution. Arnie Schwarzenegger has signed two new laws and an agreement with the US Dept of Interior to speed development of solar and other alternative energy projects in the coming years.
One is AB 920 which requires utilities to pay consumers for solar electricity that they generate over and above their home needs instead of capturing it for their own profit. The … Read the rest
In comments made following earnings late last week, Suntech CEO Zhengrong Shi indicated that the Chinese government may soon roll out its largest solar subsidy program yet, which would send the China solars on another flight higher. He predicts that a feed in tariff program for utility scale solar plants would provide .16 – .22 kWh and be in place by the end of this year, requiring utilities to buy solar power at a … Read the rest