Latest headlines
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.
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.
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.
Yingli lands 220 MW module order
Solar module manufacturer Yingli Green Energy has cemented its relationship with the state-owned China Power Investment Corporation by signing a deal to supply 220 MW of its modules to the Chinese government-owned power company.
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.
Global Solar Alliance announces expansion
Renewable Energy India and Green Energy Expo & Conference (Korea) have joined the Global Solar Alliance, which aims to create more competition for the organizers of Intersolar. There was little new in terms of the EU trade...
SER Energia planning 960 MW of PV projects in Brazil
SER Energia is aiming to install 960 MW worth of photovoltaics in Brazil. Already, it has registered 930 MW with the country’s electricity regulatory agency, spread across 31 projects. An investment of around US$1.5 billion is...
Court orders official insolvency proceeding for Sunways
Due to a third-party application, insolvency proceedings for Sunways are now officially open. The 100% wholly-owned subsidiary in Arnstadt, Germany is also affected.
SolarWorld to meet creditors, discuss restructuring
Troubled solar panel maker SolarWorld will host creditors next month at two separate meetings with the goal of appointing creditor representatives and outlining its efforts to restructure.
Australian module suppliers accused of making false claims
Australia’s Competition and Consumer Commission (ACCC) is prosecuting companies trading under the names Euro Solar and Australian Solar Panel. The firms are accused of claiming that their solar modules were Australian-made, when...
Germany: Slump in PV equipment sales
German PV equipment, machinery and component manufacturers had to make do with a decline of 50% in turnover in 2012 compared to the previous year. The German Engineering Foundation, VDMA, reported this downturn.
Taiwan's NanoWin Technology plans CIGS factory in Kazakhstan
Nanowin Technology Co. Ltd is reportedly planning to build a CIGS manufacturing plant in the Zhambyl region, located in southern Kazakhstan. A 5 MW photovoltaic plant is also expected to be built this year.
Buffett denies Suntech purchase rumors
Veteran American investor Warren Buffett has never had an interest in buying Suntech, according to an interview the 'Sage of Omaha' gave to China Business News, and which was carried by news agency Bloomberg. On Friday, the...
Domino effect: Asola Automotive Solar also insolvent
Just shortly after Asola Solar Power filed for insolvency in April, now sister company Asola Automotive Solar Deutschland has also submitted an application for the opening of insolvency proceedings. Nevertheless, good future...
SunPower shines a ray of light with Q1 figures
With the help of veteran investor Warren Buffett's decision to buy the 579 MW Antelope Valley Solar Projects, California-based SunPower has announced that rarest of things in the solar industry – a positive quarterly update.
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