solar PV investment

MEMC SunEdison Stakes out $4.6 Billion in Solar Power Projects as Japan Readies Feed-In Tariff

Solar and renewable energy industry players are jockeying for position and ramping up project development plans and investment as Japan readies a landmark renewable energy feed-in tariff due to go into effect July 1. MEMC Electronic Materials’ SunEdison announced plans to invest an initial $4.6 billion to build solar power projects in the Land of the Rising Sun and is discussing potential project sites for 1-GW of solar energy capacity with local governments.

China’s Solar PV Players Ramp Up Overseas Investments

China’s solar photovoltaic (PV) manufacturers aren’t waiting around for US decisions on China improperly subsidizing the industry and claims that Chinese manufacturers are dumping product in the US; they’re shifting investments overseas. China’s TFG Radiant Group announced it’s increasing its equity stake in Colorado flexible thin-film solar PV manufacturer Ascent Solar, while LDK Solar announced its increasing its stake and launching a public takeover offer for all the shares of German silicon solar PV producer Sunways AG.