Latest industry & suppliers headlines
Quickly becoming the new industry buzzword, distributed power generation, led by photovoltaics, is set to "rapidly" expand over the next five years to reach an annual installation rate of 63.5 GW by 2017.
Following the complete closure of its wafer operations in April, REC Wafer Norway AS now has to file for bankruptcy after parent company, REC ASA said it will not provide the necessary funding for a solvent wind-up of operations.
The Renewable Energy Corporation (REC) has received €1.3 million from Singapore’s Clean Energy Research program (CERP). Overall, the program awarded €6.9 million to five solar energy research teams.
Chinese-Canadian photovoltaic module manufacturer, Canadian Solar Inc. has signed a loan agreement with the China Development Bank (CDB) worth CA$93 million.
A spokesperson for Hanwha has officially confirmed the company’s interest in the insolvent Q.Cells. An offer from the Korean company is expected this week.
Germany-based SolarWorld AG has seen its 2012 financials suffer significantly, both sequentially and annually. CEO and chairman, Frank Asbeck, who will forego any salary or dividend until profitability returns, could be waiting a...
At this year’s Intersolar North America, pv magazine caught up with Hanwha SolarOne to discover what its plans for the North American photovoltaic market are.