Latest headlines

China Sunergy boosts revenue, narrows loss in third quarter

China Sunergy building

The PV manufacturer has seen a sharp increase in sales of its self-branded solar cells and modules. The company's business in China accounted for 52% of its total revenue.


Germany: Storage test for the "energiewende"

A power-to-gas research project has been launched in Germany. A research network of institutes and companies will evaluate the capability of long-term storage technologies in a 100% renewable energy electricity scenario.


Conergy announces 2 settlement agreements

Conergy building Germany

Following approval, four former board management members of Conergy will pay the German photovoltaic company over €6 million under a settlement agreement. Part of the funds are expected to be paid to investor plaintiffs under a...


US: PSE&G to invest in more solar

New Jersey's largest electricity provider Public Services and Utility Group (PSE&G) has reached an agreement with New Jersey Board of Public Utilities (BPU) and other parties to increase renewable energy spending.


IBESA storage alliance: More details emerge

Founder of the International Battery and Energy Storage Alliance (IBESA) and Managing Director of IPVEA Bryan D. Ekus provides pv magazine with more insight into the newly formed alliance and the support needed by the storage...


Renewables account for 54% of Spain's electricity production in April

Spain solar photovoltaic installation

At 54%, electricity production from renewable energy reached a record high in Spain last month. Photovoltaics, meanwhile, met 3.6% of demand.


Suntech's 2012 sales fall by nearly half

solar park

Suntech Power Holdings Co. Ltd has released preliminary, unaudited, financial figures for Q4 and FY 2012. As expected, the company suffered from significantly falling sales and a battered gross margin. Meanwhile, a creditors...


Germany: PV FITs decrease 1.8% in May

Germany’s Federal Network Agency officially confirmed that 290 MW worth of photovoltaics were installed in March in Germany. Consequently, FITs will sink by 1.8% between May and July.


Commercial 5 MW battery park to be developed in Germany

Berlin startup Younicos and renewable power utility company Wemag AG are setting up a 5 MW lithium-ion battery park in West Mecklenburg, Germany. Samsung SDI will be supplying the batteries with a 20-year guarantee.


Midsummer sells first CIGS line to EU manufacturer

The Midsummer equipment.

Swedish CIGS equipment supply startup Midsummer has announced that it has sold its first turnkey system to a European customer. The sale was made in March with the system to be delivered in late 2013.


PV module industry forecast to see 18% growth in 2013

Yingli solar photovoltaic modules

IHS forecasts that global photovoltaic module production will grow 18% this year, to over 37 GW; and that OEM manufacturers will increase in significance. Meanwhile, it has identified the top 10 module suppliers by production of...


Solar stocks rally following tax advantage news

Germany Karlstadt Laudenbach 810 k W Thin film solar photovoltaic

Solar stocks in New York rallied this month on the back of news that a bill introduced in the U.S. Congress would provide solar companies with a tax advantage enjoyed to date only by fossil fuel producers. The sector also...


Suntech troubles hit poly supplier OCI

Suntech.

South Korean polysilicon manufacturer OCI has been dragged into the Suntech maelstrom thanks to an overreliance on the ailing Chinese cell and module manufacturer.


Hanergy goes downstream

A solar powered laptop charger.

Chinese solar cell and module manufacturer Hanergy Solar has announced a concerted effort to break into downstream power generation with the launch of its Hanergy Global Solar Power and Applications Group.


Germany: First meeting of the Photovoltaics Innovation Alliance

Fraunhofer research pic solar photovoltaic module

Over 100 scientists are meeting in Germany’s capital today to discuss the interim results of their research and development projects, funded by the Photovoltaics Innovation Alliance. The goal is solar power cost reductions.


EC confirms solar glass anti-subsidy investigation

Solar glass

The European Commission (EC) has officially launched an anti-subsidy investigation into imports of solar glass from China to the EU. While a final determination could take up to 13 months, provisional duties may be applied within...


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