Latest headlines
Belectric extends credit line
Germany's Belectric has managed to increase its credit facility by 30%, which will allow it to better respond to new growth markets.
Georgia Power hauled over coals for lack of solar
Solar power advocates in the U.S. state of Georgia are pressuring the Georgia Power utility to expand its use of solar energy.
Los Angeles unveils 350 MW solar program
Los Angeles is moving forward with two major new projects that will offer California’s sprawling metropolis a combined 350 MW of solar power utilizing a combination of feed-in-tariff (FiT) and request for proposal (RFP) pricing...
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.
Minnesota bill aims for 450 MW of solar by 2020
The U.S. state of Minnesota has passed a bill that could significantly expand the region's solar sector and lead to more than 450 MW of solar power by the end of the decade.
Japan to offer loans for rooftop PV generation
In its efforts to boost solar power in the country, the Japanese government is set to offer low-interest loans to companies that install rooftop solar power systems.
[UPDATE] SEIA calls for multilateral efforts to solve dispute with China
The Solar Energy Industries Association (SEIA) is calling for multilateral trade negotiations between the U.S., the European Union and China in an effort to stave off an all-out trade war.
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.
Lux Research sees doubling of PV market up to 2018
Boston based analysts Lux Research has announced that the solar sector is on the recovery path, set to reach a worth of US$155 billion in 2018. The industry is expected to ramp up rapidly to 61.7 GW market size in 2018 after...
Power-One shareholders sue ABB
Swiss power and automation technologies giant ABB announced on April 22 the acquisition of inverter manufacturer U.S. Power-One. But shareholders of the American company are claiming that the US$1 billion sale price is too low....
China waits on EU verdict
China to wait on EU solar panel anti-dumping decision before announcing results of its own probe into polysilicon imports.
Siemens study shows Europe can save billions in renewables pursuit
Power generation solutions provider Siemens has released a study analyzing electrical power producing systems, especially renewable power plants, in Europe, and has identified the potential for optimization. Project siting has...
JA Solar repays bonds
Chinese PV manufacturer JA Solar has repaid the US$119 million for convertible bonds that was due May 15. The company has stated that it remains commited to meeting all debt obligations to protect the interests of stakeholders.
Applied Materials reports losses in energy and environmental solutions segment
PV equipment manufacturer Applied Materials has posted its second quarter results for the fiscal year 2013. The Energy and Environmental Solutions (EES) segment recorded a GAAP operating loss of US$322 million, inclusive of...
Solar power rises in Japan with plans for 636 MW by 2015
Japan’s corporate giants are establishing major new solar projects in the country, with 636 MW planned by 2015. Japan Asia Group, Nippon Paper, Toyota and Mitsubishi are among the active players in the country’s booming solar...
Gehrlicher secures €85 million in financing as it seeks to expand international operations
Germany’s Gehrlicher Solar AG has received €85 million in financing for another two years from an international group of banks led by BayernLB.
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