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Natcore hits 17.5 percent all-back contact cell efficiency

Natcore cell furnace.

U.S. heterojunction technology developer Natcore has announced hitting 17.5 percent laboratory efficiency with its aluminum ‘all-back’ contacted cells. The company says its HJT cells have increased in efficiency from four percent...

Wuxi Suntech owes US$2.5 billion to local creditors

chinese suntech manufacturing plant

Chinese photovoltaic manufacturer Wuxi Suntech Power Holdings Co., a Suntech Power subsidiary, owes a domestic debt of $2.5 billion to local creditors, according to media reports.

Centrosolar shareholders approve debt-for-equity swap


Centrosolar sharholders have approved a debt-for-equity plan that will drastically reduce debt by swapping outstanding liabilities for 5.5 million new company shares as part of a restructuring plan.

Yingli revises module shipment outlook for Q1

Yingli production China

Chinese PV module manufacturer Yingli Green Energy is expecting PV module shipments in the first quarter to be better than earlier estimates.

SunPower plans to sell US$300 million of convertible debentures

The California photovoltaic manufacturer has plans to sell debenture bonds worth $300 million.

Minnesota bill aims for 450 MW of solar by 2020

US Flag

The U.S. state of Minnesota has passed a bill that could significantly expand the region's solar sector and lead to more than 450 MW of solar power by the end of the decade.

SolarWorld to hold extraordinary shareholders' meeting

Germany-based SolarWorld AG will hold an extraordinary shareholders' meeting on July 11. Losses totaling half of the capital stock have been incurred, according to a recent company statement.

Japan to offer loans for rooftop PV generation

Japan NexPower solar photovoltaic residential

In its efforts to boost solar power in the country, the Japanese government is set to offer low-interest loans to companies that install rooftop solar power systems.

[UPDATE] SEIA calls for multilateral efforts to solve dispute with China

John Smirnow, SEIA VP

The Solar Energy Industries Association (SEIA) is calling for multilateral trade negotiations between the U.S., the European Union and China in an effort to stave off an all-out trade war.

German industrial associations against AD duties on Chinese PV imports

solar park germany

The Federation of German Industry (BDI) and the Federation of German Wholesale, Foreign Trade and Services (BGA) have warned of the loss of thousands of jobs in Germany if the EU Commission imposes anti-dumping duties on...

JA Solar's shipments exceed Q1 target; narrows loss

Despite an 11.5% decrease in shipments in the first quarter of this year, the Chinese PV manufacturer exceeded its previous guidance of 410 MW to 430 MW.

Centrosolar bond holders approve conversion deal

Centrosolar image

Centrosolar Group AG’s creditors have overwhelmingly agreed to swap outstanding debt from a €50 million bond for 5.5 million newly issued shares in the German PV company.

Chinese court sides with Canadian Solar in contract dispute with LDK

Canadian Solar photovoltaic modules German solar park

In a legal win for Canadian Solar Inc., a Chinese court has dismissed a request by LDK Solar to enforce an arbitration award decision by a state trade arbitration commission amounting to CNY 248.9 million ($40.1 million, €31.5...

REC refinances 50% of debt due 2014

solar park singapore

REC recently announced it has reduced by 50% its debt maturing in the second quarter of 2014, worth US$ 206 million (NOK 1.2 billion).

Lux Research sees doubling of PV market up to 2018

Boston based analysts Lux Research has announced that the solar sector is on the recovery path, set to reach a worth of US$155 billion in 2018. The industry is expected to ramp up rapidly to 61.7 GW market size in 2018 after...

21. May 2013 | | Comment now

EU leaders seek to lower energy prices

European Union Flags

The European Union looks set to meet business demands by revamping its energy and climate policy in order to lower the price of energy and boost employment and growth. Critics warn, however, that appeasing big industry could mean...

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