Latest industry & suppliers headlines

REC Silicon now approved

REC shareholders have approved the division of the company, allowing the sale of the solar division to REC Solar ASA. They also agreed to change the name of the remaining division to REC Silicon ASA.


Chile and India collaborate on renewable energy plans

Chile has called upon India's burgeoning renewable energy expertise to help the country implement and diversify its renewable energy sector.


SolarWorld's Asbeck rekindles interest in Bosch

Right after introducing measures to save his own photovoltaic company, SolarWorld CEO Frank Asbeck is drawing up plans again, this time for Bosch Solar. A German newspaper report confirms Asbeck's interest in parts of Bosch Solar.


US solar power costs fall 60% in just 18 months

The cost of solar power in the U.S. is now 60% cheaper than it was in early 2011, according to a joint report by the U.S. Solar Energy Industries Association (SEIA) and GTM Research.


EIB to support Indian renewable energy projects with EUR 80 million loan

The European Investment Bank (EIB), supported by Italian export credit agency SACE S.p.A, signs EUR 40 million loan as first instalment to SREI Infrastructure Finance Limited (SREI) to finance renewable energy projects in India.


Energy Capital developing 300 MW plant in Utah

Notch Peak, Millard County, Utah

The U.S. state of Utah has lagged behind other western states in installed solar capacity, but that is slowly changing. Energy Capital Group has unveiled plans for a 300 MW PV plant in the state.


PV book-to-bill ratio to remain at sub-parity levels for Q3

NPD Solarbuzz forecast a tenth consecutive quarter where net bookings for PV equipment lag behind recognized sale revenues.


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