Germany Installs More Solar Panels in December 2011 Than US Did All Year

Some more astonishing stats on the progress Germany is making on solar power thanks to good, steady and predictable renewable energy policy: Greentech Media shares the astonishing fact that in the month of December alone Germany installed 2 GW of solar PV. For the whole of 2011, Germany installed 7 GW.

The US managed to install 1.7 GW in the same time period—which isn’t to knock US installation rates so much as to further highlight the massive Germany push to install more PV before the feed-in tariff for it drop as planned.

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China’s Solar PV Players Ramp Up Overseas Investments

Chinese solar photovoltaic (PV) companies aren’t waiting around for the US International Trade Commission (ITC) and Commerce Dept. to decide whether or not China has been improperly subsidizing the industry and engaging in predatory pricing in the US market – they’ve begun shifting investment overseas.

Flexible thin-film solar PV manufacturer Ascent Solar Technologies announced yesterday that China’s TFG Radiant Group is acquiring an additional 21% equity stake in the company by purchasing shares owned by Norsk Hydro Produksjon AS for $4 million. The purchase price, at about $0.50 per share, is a 19% premium to Nasdaq-listed Ascent’s $0.42 closing share price on Tuesday, and will bring TFG’s overall equity in Ascent to 41%.

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