Victorian Solar Energy PFIT Reduced
Victoria has reduced the level of its feedin tariff for solar energy to 25c / kilowatt-hour (units of energy). This change is a reasonable measure, in view of the improved economics of solar power. The exchange rate, increasing numbers of panels suppliers, and improved economies of scale have all contributed to the reduced cost base of modern solar systems. Solar still makes great sense in Victoria. Had a system for some time ? Consider a solar system...
read moreConergy announces sales increase of 50%
Hamburg, Feb 23, 2011 – (Source: Conergy AG) In the past financial year Conergy AG increased its sales by more than 50% to € 913.5 million (2009: € 600.9 million). The improved result can be attributed to its efforts to further expand both its national and international business. With 54% of the total, Conergy´s international sales remained on a high level. At the same time, the solar PV firm also improved earnings before interest, taxes, depreciation and amortization (EBITDA). For the first time since 2006, Conergy was in the black...
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