Latest headlines
Centrosolar bond holders approve conversion deal
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.
China: Heraeus opens revamped PV lab
As a side event to the SNEC trade show that will begin tomorrow in Shanghai, metal paste supplier Heraeus has opened an expanded photovoltaics lab at its Chinese branch, the Heraeus Materials Technology Shanghai (HTMS). Despite a...
IG Metall calls on Bosch to reconsider exit
IG Metall, Germany’s biggest industrial union, is calling on Bosch to reconsider its withdrawal from the crystalline solar photovoltaic business in view of the European Commission’s plan to slap Chinese imports with anti-dumping...
China calls for dialogue, consultation to address EU trade dispute
In response to the EU Commission's plans to impose provisional anti-dumping duties of an average 47% on Chinese solar imports as of June 6, China has called for dialogue and consultations to solve EU trade disputes.
Smart meter market is hotting up in China
The smart meter market is burgeoning in China, according to market research company IHS iSuppli, but manufacturers are being hit by a price erosion similar to that which devastated solar panel makers last year.
US$660 million available for CSP development in MENA region
The Climate Investment Funds (CIF) has recently given four countries from the MENA region the green light to develop 1.1 GW of concentrated solar power (CSP) via an updated solar plan. US$660 million will be provided by CIF’s...
Hyundai Heavy exits polysilicon business
The Korean conglomerate Hyundai Heavy Industries has withdrawn its shares from the joint venture Korean Advanced Materials, which manufactures polysilicon, according to a local media report. The sustained downturn in the...
Spire posts Q1 loss of $2.6 million, 57% drop in sales
Reflecting the manufacturing slowdown in the global PV market, U.S. solar group Spire Corporation has posted a 57% drop in its first quarter revenue to $3.2 million.
US manufacturer expands module production
In further positive news for solar manufacturing, U.S. photovoltaic company Suniva has announced it will be expanding its module production capability.
PPAs signed for 417 MW in South Africa
South Africa's public utility Eskom has signed power purchase agreements (PPA) for nine photovoltaic projects worth 417.1 MW, under the country’s renewable energy expansion program. Meanwhile, the government has expressed concern...
US company marketing cheap panels to China
In an ironic twist to the usual direction of the global solar module market, U.S. photovoltaic panel manufacturer Solaria has broken into the Chinese market – with the help of a low-cost product.
SNEC: "Shanghai Declaration" calls for cooperation and negotiation
As global photovoltaic industry leaders assembled for the SNEC 2013 tradeshow and conference in Shanghai today, a declaration has been issued calling for a negotiation and conciliation approach to various solar trade disputes...
EU ProSun claims PV duties will create jobs
In reaction to the news that photovoltaic AD duties will likely be imposed on June 6 by the EU Commission, EU ProSun says they will have a "positive effect" on solar growth and jobs. Conversely, AFASE believes tariffs will cause...
PV wafer production forecast to grow 19% in 2013
After falling 15% in 2012, photovoltaic wafer production is expected to grow 19% this year, passing 30 GW and reaching 2011 levels, due in large part to growing Japanese demand, according to the latest NPD Solarbuzz Polysilicon...
Centrosolar sees Q1 revenue drop 46% as domestic market worsens
Centrosolar Group AG's preliminary first quarter results reflected both a sharp decrease in the sale of PV modules and the general downturn in the German PV market.
ABB CEO resigns
Only days after signing a deal to expand ABB’s activities in PV, CEO Joe Hogan has resigned from his post. Hogan cited "private reasons" for his departure.
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