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Greek Parliament Approves HelioSphera Manufacturing Subsidy

HelioSphera has announced that the Greek parliament has granted approval to its application for a subsidy to manufacture thin-film solar photovoltaic systems. The subsidy amounts to €29.88 million [US $40.27 million] and is a key component of HelioSphera project finance structure.

The company said that the plant that will receive the subsidy represents an investment of €180 million [US $242.6 million] and will be located in Tripolis, Greece. HelioSphera said the facility have an annual production capacity of 60 megawatts of thin-film panels.

The facility would constitute the biggest micromorph photovoltaic panels manufacturing facility in Europe. It will employ some 180 staff and will be ready to start mass production during the third quarter of 2009.

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Solar power growth impacting UK electricity sector

Diarmaid Williams

Q2 of 2015 saw a large increase in the generation of electricity from solar PV in the UK, with the growth having a significant impact on electricity market prices and other supply factors.

PACE Finance Opening Doors for C&I Solar In California

Susan Kraemer, Correspondent With its excellent renewable policy, California leads the nation in solar. Over the years both the Renewable Portfolio Standard and the California Solar Initiative drove utility scale and residential solar deployment. But w...

US Clean Power Plan Could Include Carbon Trading

Mark Drajem, Bloomberg Some businesses that back President Barack Obama’s plan to curb greenhouse gases are making a late lobbying push to add an element similar to a cap-and-trade program. With the administration set this week or next to unveil ...

Why the Future of the Yieldco Is at Risk

Haresh Patel In the past two years, the proliferation of YieldCos, and their ability to open new sources of capital for renewable energy projects, has captured the attention of the energy industry. While a YieldCo’s potential to catalyz...


Volume 18, Issue 4


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