Latest headlines

UK: Primrose Solar and EDF Energy sign 104 MW PPA

The 48 MW Southwick Estate solar farm.

The U.K. solar developer inks 15-year power purchase agreement with French utility for energy produced across 104 MW of solar farms.

08. March 2012 | | Comment now

Germany: TÜV finds rusted nuclear waste barrels

At a time when Germany's solar industry is suffering from weakened political support, the Technical Inspection Association, TÜV, has uncovered rusted radioactive waste barrels in the already inoperative Brunsbüttel nuclear plant...

Sharp to develop 100 MW of PV in Indonesia; announces Japan project

The Sharp Corporation, in partnership with the Indonesia Government, will develop 100 megawatts (MW) worth of photovoltaic projects in Indonesia. It will also work on a 2.4 MW solar system in Japan.

Trade ‘rout’: CVD act passed by US Congress fuels rivalry with China

Capitalism prevailed over party politics this week, as the U.S. Congress moved swiftly to pass legislation that would enable the Department of Commerce to continue applying countervailing duty (CVD) law to non-market economies...

MiaSole secures $55 million in funding

CIGS thin film photovoltaic module developer, MiaSole has secured US$ 55 million in funding. The company says it will "aggressively" build the commercial part of its business.

India and Iran to cooperate on renewable energy projects

Indian and Iranian energy ministers met in Tehran this week and have agreed to strengthen cooperation on renewable energy projects, with a special focus on solar power.

Bulgaria: Premier Power starts work on 16.2 MW PV project

Premier Power Renewable Energy Inc. has announced work on its 16.2 megawatt peak (MWp) photovoltaic park in Bulgaria’s Dimitrovgrad has begun.

Canadian Solar hits shipping guidance; records declining income

Canadian Solar may have weathered the 2011 solar storm better than many of its peers, but it still recorded significant fourth quarter (Q4) and full year (FY) losses.

Centrotherm to transfer German thin film operations to Asia; 400 jobs to go

centrotherm HQ Image

Having suffered significant losses in 2011, despite a successful start to the year, centrotherm photovoltaics AG has unveiled a new program designed to cut costs and refocus its business. The aim is to place more emphasis on...

Microsol forms Solon Energy GmbH

Solon HQ image in Berlin

Less than a week after it was disclosed that UAE-based solar cell manufacturer, Microsol, had taken over the insolvent Solon, it has been announced that Solon Energy GmbH has been established.

Germany: FIT cuts pushed back; 2 large-scale PV projects announced

Germany 20MW Solar photovoltaic park Elsterheide

The new German feed-in tariff (FIT) rates will be applied later than originally planned. Meanwhile, EPIA has sent an open letter to Merkel, asking for the new plans to be revised. In related news, two large-scale photovoltaic...

Guggenheim Partners appointed financial advisor to Greece's Project Helios

George Papaconstantinou, Greece

U.S.-based financial services firm, Guggenheim Partners has been officially appointed strategic and financial advisor to Greece’s planned 10 gigawatt (GW) Project Helios.

Q-Cells announces devastating 2011 preliminary financials

Q-Cells solar photovoltaic cell

Having suffered at the hands of the weak solar market conditions, Germany’s Q-Cells has reported very weak 2011 preliminary financials. The company’s EBIT has been particularly hard hit, due to a number of impairments incurred.

06. March 2012 | | Comment now

Solar Millennium’s Withag resigns

Solar Millennium people walkjing past sun collectors

Jan Withag, Solar Millennium’s chairman of the management board, has announced his resignation from the struggling solar company, effective March 8, 2012.

Green islamic fund initiative launched

The Shams Tower Solar project, developed by Enviromena Power Systems

Shari'ah compliant investment securities, sukuks, are to be made available for renewable energy projects such as photovoltaics. A Green Sukuk Working Group has been established to identify such investment opportunities.

Panasonic starts work on Malaysian PV facility

Malaysia's Kulim

Panasonic Energy Malaysia Sdn. Bhd. has begun construction on its 300 megawatt (MW) Malaysian photovoltaic production facility.

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