As part of the deal, the solar developer will sell $70 million of common stock and convertible promissory notes to investors, who will also receive options to buy a further $70 million in company shares.
The International Herald Tribune (IHT) in Greece has reported that a "mammoth" 10 gigawatt (GW) solar plant is being planned for Greece. The project would be driven by investment from Germany.
The International Energy Agency (IEA) has been reported by Bloomberg as saying that the majority of the world’s power will be produced by solar by 2060. What’s more, photovoltaic and solar-thermal plants may meet half of all...
MS Solar Solutions Corp. (MSSS) and Main Street Power Company Inc. today launched the “Solar for All” residential photovoltaic program, which will provide systems for low-income householders in California.
In the first half of 2011, renewable energy broke a new record, having met more than 20 percent of Germany’s electricity demand. Also for the first time, photovoltaic generation overtook hydropower.
On Thursday, Conergy’s supervisory board filed suit against four former board members. Now the former chairman is defending himself against the allegations. In other news, there are reports that Conergy only plans to manufacture...
Etrion Corporation has completed its 10 megawatt (MW) Helios ITA-3 solar project in Puglia, Italy, thus bringing the company's photovoltaic portfolio in the country to 60 MW.
U.S.-based Global Solar Energy has opened a 35 megawatt flexible thin film photovoltaic module manufacturing plant in Germany’s Berlin-Adlershof.
Last week, 8minutenergy Renewables and Gestamp Solar announced their intention to install 355 megawatts (MW) worth of photovoltaics in California. They have now provided pv magazine with the project specifics.
SunPower is to supply Akuo Solar with 75,000 photovoltaic modules for two French solar power plants worth 24 megawatts (MW).
While details of the scheme are pending, photovoltaics looks set to receive a major boost in Japan with a renewable energy bill passing through the upper house of parliament today. Analysts Jefferies predict solar to be the big...
The dust apparently refuses to settle at the Hamburg-based photovoltaic company. Conergy has now decided to sue four of its former members of the board for violations as established under the German Stock Corporation Law.
GT Advanced Technologies Inc., formely known as GT Solar, has acquired Confluence Solar Inc. for USD$80 million.
According to various media reports, solar cell manufacturer SpectraWatt Inc. has filed for bankruptcy. The news comes just months after the company laid off over 100 employees.
Just two months after Brazil grid-connected its first commercial-scale photovoltaic plant, the country is now to play host to Latin America’s first soccer stadium kitted out with solar panels.
SunPeak Solar, LLC has chosen Suntech to supply 28.7 megawatts (MW) DC of photovoltaic modules to its 23 MW AC solar power plant in California.
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