Latest headlines
Spain: Renewable energy premium payments rise by 19% in 2012
Premium payments in the entire renewable energy sector in Spain were 19% higher than envisaged in the 2012 outlook, while the total compensation in the photovoltaic sector in 2012 was close to the original forecast.
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The Korean conglomerate Hyundai Heavy Industries has withdrawn its shares from the joint venture Korean Advanced Materials, which manufactures polysilicon, according to a local media report.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.
Thin film loophole to be closed in India
A loophole in the commissioning of solar projects under India's Jawaharlal Nehru National Solar Mission (NSM) which allowed developers to bypass domestic content requirements is set to be closed.
China aims to avoid a trade war; specific tariffs reported
As the EU Commission gears up to impose average anti-dumping duties of 47% on Chinese photovoltaic imports from June 6, China has called for dialogue to avoid a "trade war." Meanwhile, reports have surfaced detailing the specific...
MEMC positive on solar outlook
Although polysilicon manufacturer MEMC's first quarter results paint a picture familiar for companies with solar as part of their offering, the drag of photovoltaics on the balance sheet was not a severe as has been seen...
ABB demonstrates solar credentials in Japan
Swiss engineering conglomerate ABB has joined the race for a slice of the lucrative Japanese solar market by demonstrating its solar muscle with a PV installation on one of its factories in the country.
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