Latest headlines

US: ITC extension worth additional 20 GW solar boost by 2022, says NREL

Solar trackers, USA.

Analysis of the impact of the Investment Tax Credit by the National Renewable Energy Laboratory finds that solar will likely benefit by an additional 20 GW of capacity between now and 2022.

Japan to offer loans for rooftop PV generation

Japan NexPower solar photovoltaic residential

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

John Smirnow, SEIA VP

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 image

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

A satellite image of China.

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 solar photovoltaic project

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

Gehrlicher HQ Dornach bei Muenchen

Germany’s Gehrlicher Solar AG has received €85 million in financing for another two years from an international group of banks led by BayernLB.

SNEC: Trade case uncertainty further depresses investment

SNEC 2013 Solarpraxis booth

As the 2013 SNEC tradeshow closes its doors in Shanghai, uncertainty over the EU trade case and lack of cash flows remain major impediments to investment and innovation. New business opportunities in emerging markets are also...

2.6 MW solar plant for NY factory

The Stars and Stripes.

Power company Constellation expects to complete a 2.6 MW solar installation at fiberglass manufacturer Owens Corning’s Delmar, New York factory, by the end of the year.

SunPower issues positive 2013 guidance

SunPower solar photovoltaic plant

SunPower has issued guidance for the FY and Q2 2013. Overall, it expects a slight increase in revenue and gross margin compared to 2012, and increased photovoltaic production. It additionally issued details of its global power...

Colored solar panels open aesthetic possibilities

Solar glass.

The Swiss company which today announced the development of colored solar panels says its products suffer only a 'negligible' loss of efficiency compared to traditional photovoltaics.

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