VATTENFALL IN FRENCH HYDROPOWER BID CONSORTIUM-REPORT
PARIS, Dec 26 (Reuters) - A new consortium, including Swedish energy firm Vattenfall and France's train operator SNCF, has emerged to bid for hydropower concessions that the French government is due to put for auction, French newspaper Les Echos reported on Monday.
Citing no sources, Les Echos said steel major ArcelorMittal and specialty chemicals maker Rhodia, which is now controlled by Belgian chemicals group Solvay , were also part of the consortium that will be unveiled in January.
US DELAYS DECISION IN CHINA SOLAR CASE UNTIL FEB
WASHINGTON, Dec 23 (Reuters) - The U.S. Commerce Department is giving itself an extra month to investigate charges of unfair Chinese government subsidies in a case brought by the U.S. unit of German solar energy company SolarWorld , a department official said on Friday.
The official, speaking on condition of anonymity, said the department will issue its preliminary decision on countervailing duties on Feb. 14, instead of around Jan. 12 as originally scheduled.
UK SOLAR IN LIMBO AFTER COURT RULING
LONDON, Dec 22 (Reuters) - Britons who wish to install solar panels this Christmas are left wondering about how much money they will receive in state subsidies after the High Court on Wednesday decided the government had acted unlawfully in its rate-setting process.
The government proposed at the end of October to halve so-called feed-in tariffs (FITs) for solar plants for projects below 4 kilowatts (kW) installed after Dec. 12, but the legal consultation process on the proposals will not finish until Dec. 23.
WEST JAPAN UTILITIES TO BOOST WIND POWER BY 400 MW
TOKYO, Dec 22 (Reuters) - Six regionally dominant electricity utilities in central and western Japan have agreed to coordinate the use of their grid to boost wind power capacity in the area by a total 400 megawatts from about 1,230 MW over the next four to five years.
Shikoku Electric Power Co and Hokuriku Electric Power Co , both of which have a high potential for wind power, plan to start accepting applications from operators of wind turbines in the coming months, the six companies said in a statement on Thursday.
LOSING POWER: CHINA'S WIND GEAR MAKERS FACE LEAN RETURNS
HONG KONG, Dec 22 (Reuters) - Huge overcapacity and weak demand mean Chinese wind turbine makers, among the world's largest, are set for lower revenue and profits for at least the next two years.
China had more than 80 wind turbine makers as of 2010, capable of producing over 40 Gigawatts, yet wind equipment demand is expected to be just 15 GW a year.
UK PLAN TO CUT SOLAR SUBSIDY RULED LEGALLY FLAWED
LONDON, Dec 21 (Reuters) - British government plans to cut subsidies for solar panels on homes were ruled legally flawed by the High Court on Wednesday.
The decision was a victory for environmental campaigner Friends of the Earth and two solar companies, Solar Century and HomeSun, who said the plans were creating economic uncertainty.
BP TURNS OUT LIGHTS AT SOLAR BUSINESS
LONDON, Dec 21 (Reuters) - British oil major BP shut down the remnants of its solar unit on Wednesday, drawing a line under the business on which most of its Beyond Petroleum tagline of the early 2000s was premised.
The unit, which BP has been scaling back since 2008, is the latest sun energy business to fall victim to rampant competition from China, falling prices, overcapacity and lower government subsidies on which the industry still depends.
BOSCH TIGHTENS SOLAR SECTOR GRIP WITH VOLTWERK BUY
FRANKFURT, Dec 21 (Reuters) - Robert Bosch, the world's top automotive supplier, will enter one of the last profitable niches of the solar industry by acquiring the inverter business of Conergy , a sign that competition in the sector is getting tougher.
Bosch has been gradually working its way through the solar value chain via takeovers, buying solar cell maker Ersol for more than 1 billion euros ($1.3 billion) in 2008 and panel maker Aleo Solar a year later.
No comments:
Post a Comment