Tag Archives: subsidy
Solyndra: Solar’s Poster Child For Failure
If solar industry had a poster child for failure, Solyndra is to solar as Jared Fogle is to Subway. Yes, solar had its share of flops, failures, and fiascos. Wall Street bashes the solar manufacturers for its low margins, huge debts, and of course, its constant political war different countries around the world. On top [...]
Faster Solar Subsidy Cuts In Germany
Environment Minister Norbert Roettgen and Economy Minister Philip Roesler announced plans to cut premium rates for solar power by between 20 and 29 percent starting March 9and continue to decrease them by .15 euro each month beginning in May. This marks the largest subsidy reduction since 2004 when Germany first implemented a feed-in tariff that [...]
Spain and Italy Solar Subsidy Cuts: Not as Bad as Feared?
It seems like every few weeks the ebb and flow of feed-in-tariff fear and optimism rolls through the solar industry with rumors fuelingspeculation as what it means for solar companies, particularly thosethat do much of their business in the German, Italian and Spanishmarkets. Last week, the rumors continued… I mentioned in a report several days [...]
Is Spain Proposing Substantial Solar Subsidy Cuts?
Ah, here we go again with more subsidy cut rumors. This time it’sSpain. While rumors have been swirling for months that Spain would cutsubsidies, Bloomberg reported today that an industry lobbyist believes that Spain willmake substantial solar subsidy cuts to both existing solar installations and new installations following a meeting Spain’s Deputy IndustryMinister Pedro Marin. [...]
Suntech and First Solar Sales Remain High Despite German Subsidy Cuts
Well ahead of the German solar subsidy cuts slated for July 1, German demand for solar modules from powerhouses Suntech Power Holdings CoLtd. and First Solar has been high—high enough to have prompted theformer to add 1 gigawatt in production capacity in Shanghai over the followingthree years, and high enough to have induced the latter [...]
German Solar Subsidy Cuts Reportedly Won’t Be As Significant As Expected
Apparently Germany will not cut solar subsidies as much as had been expected according to draft legislation released today. They are now planning a 15% cut for solar parks built after July 1st(less than the 25% previously expected), while rooftop system subsidieswill be cut by 16% (same as previously expected). Nothing is set instone yet as [...]
Cuts in German Solar Subsidy to Spur Q2 Price Plunge
Germany’s decision to slash subsidies on certain types of solar installations will result in a dramatic demand reduction and price plunge in the country for Photovoltaic (PV) panels and systems in the second quarter, according to iSuppli Corp. The German government last week preannounced plans to reduce its subsidies (FITs) for new roofs and open-field [...]
Solar Stocks Crumble on Germany Subsidy News
Solar stocks have been hit hard over the past hour as Reuters reported Germany would begin cutting subsidies by 16 – 17%in April. German cuts have long been expected, but some had called fora 10% reduction later in the year, so this is a bit more than what someexpected. Not to mention solar stocks (the [...]
China announces major new subsidy for solar projects
China’s Ministry of Finance has unwrapped plans to subsidise half the cost of building independent solar-array projects in the country, including new power transmission and distribution systems to link projects to the grid. The subsidy will stretch to 70% for solar projects in remote regions with no current power supply, as the country continues searching [...]