Background on Spanish Government’s proposal to cut Solar Subsidy on Existing Plants The Spanish government has been actively discussing with industry groups on how to reduce its Green Energy subsidies as the country faces a critical budgeting and funding problem.The impact of an “industry killing” 30% cut to existing solar plants would be quite devastating […]
Taiwan Companies Ramping up their Solar Plans Taiwan based semiconductor company TSMC ( Taiwan Semiconductor Manufacturing Corporation) is getting serious about investing in Solar Energy.Other Taiwanese Heavyweights like AUO,CMO and UMC are also in the process of ramping up their solar production plans.The European Crisis and the fall in Euro has led to a dramatic […]
According to the Spanish Solar Power Lobby ASIF,the Spanish government (under Pressure with Spanish Banks facing Funding Problems and Spanish Bond Yields Rising) is proposing a cut of 30% in “guaranteed subsidies” to existing solar plants . Under the Feed in Tariff (FIT) scheme implemented by countries to promote renewable energy,power producers are guaranteed a […]
Thin Film Technology came into prominence with Polysilicon Prices ruling at $400/kg Solar Thin Film Technology is supposed to be the 2nd Generation successor to the mainstream Crystalline Silicon (c-Si) Technology which accounts for around 85% of world production.With Polysilicon(c-Si raw material) being priced at an exorbitant $400/kg in 2008 (cost of $30/kg) due to […]
Panasonic hits upon a Green Goldmine in Sanyo Panasonic has hit upon a Green Goldmine with its acquisition of Sanyo .It is now capitalizing on Sanyo’s Solar and Energy Storage Technology by making huge investments in this space.Sanyo had been already been metamorphizing into a Green company from an Electronics company before Panasonic bought it […]
China has put on hold new IPO’s from its fast growing Green Industry to prevent overcapacity and weed out small players.Though Goldwind (China’s second largest wind turbine producer) has received approval for the Biggest Green IPO in 2010 in HongKong later this month,others are facing hurdles.While no official communication has been released,Reuters reported that the […]