Winds of change blow through renewable energy sector as installed solar power set to outdo wind in 2013, according to a Bloomberg New Energy Finance (BNEF) study.
U.S.-based financial investor Kawa Capital Management will be taking over Conergy sales and service units in Germany, Italy, the U.K. and Australia. This acquisition is expected to secure 350 jobs.
The proposal by the U.S. Solar Energy Industries Association (SEIA) aimed at ending the solar trade row appears to be gaining momentum and winning the support of key lawmakers. SolarWorld executive remain skeptical, however.
The acquisition of Tokyo Electron by California-based Applied Materials follows increased consolidation in the semiconductor equipment manufacturing sector.
Adding wind and solar power to the grid is more cost-effective than switching fossil-fueled power plants on and off to make up for the intermittent nature of renewable energy, says the National Renewable Energy Laboratory (NREL).
The U.S. solar industry trade organization has been working behind the scenes with U.S. and Chinese government officials to draw up a plan to resolve the ongoing trade dispute and benefit both U.S. and Chinese manufacturers.
City Utilities is close to signing a contract to purchase electricity from a forthcoming 5 MW solar farm in eastern Greene County, Missouri, said to be the biggest in the state.
Vaillant is eager to expand operations in Kazakhstan, where the company is expecting a 50% sales growth rate in the next four years. The group is confident its German-made products can compete with those of overseas rivals.
Homeowners with solar panels that feed into the grid are getting too good a deal, say some state utilities, with plans afoot to readdress the balance.
French renewable energy group VSB has tapped Hanwha Q CELLS modules for its solar farm in southeastern France, saying their reliability as well as Hanwha Q CELLS' carbon certificate were decisive factors.
Turnkey services provider Phoenix Solar will develop a 1.2 MWp rooftop installation for CMM Marketing Management, a wholly-owned subsidiary of Sheng Siong, the third largest supermarket chain in Singapore.
As part of an ongoing investigation by Italian authorities into the operation of Suntech-owned Global Solar Fund, the court also ordered the confiscation of feed-in-tariffs received by GFE investees companies.
Leading PV manufacturers are increasingly heading to eastern markets, particularly China, according to Taiwan-based research group TrendForce.
REC shareholders have approved the division of the company, allowing the sale of the solar division to REC Solar ASA. They also agreed to change the name of the remaining division to REC Silicon ASA.
Chile has called upon India's burgeoning renewable energy expertise to help the country implement and diversify its renewable energy sector.
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