Latest headlines

Solar investment twice as effective as oil in EVs

A Tesla electric vehicle.

Analyst calculates investing in renewables yields far more usable energy to the consumer than oil, dollar for dollar. Traditional combustion engines see a 75-80% energy loss compared to 25-30% in EVs.


Taiwan’s Powertec to produce 27,500 MT of polysilicon annually

polysilicon

GT Advanced Technologies (GTAT) and Powertec Energy Corporation have signed a memorandum of understanding under which Powertec will purchase polysilicon technology and equipment. The Taiwan-based company aims to reach a capacity...


Conergy records 2012 gains; expects significant 2013 sales increases

Thailand solar photovoltaic park

Overall, the Conergy Group managed to reduce its 2012 losses, albeit slightly. Sales are expected to considerably improve in 2013. Meanwhile, business in Asia and the U.S. is forecast to significantly grow, and Eastern Europe...


Centrotherm, SolarWorld and Phoenix Solar cause big investor losses

Money

A German association for private investors has published its latest Top 50 list of "capital destroyers" in Germany. In 2013, every second company in the top 10 comes from the solar industry.


SMA records 2012 profit; not ruling out 2013 loss

SMA solar photovoltaic inverters

In a difficult market environment, even the world’s leading photovoltaic inverter manufacturer suffered revenue and earnings losses in 2012. Despite this, SMA did turn an overall profit. The Board has confirmed its 2013 forecast....


Uganda drops PV FIT program

Uganda solar photovoltaic panels for sale

Without announcement, Uganda has dropped its PV FIT program. Although other forms of renewable energy are still eligible for support, prices for PV power are said to have fallen enough worldwide to merit the removal of tariffs in...


Poland proposes more PV changes

Poland parliament

According to media reports, the Polish Government has implemented further solar subsidy changes to its renewable energy draft law. Under them, support will only be given to photovoltaic plants up to two MW in size.


Centrosolar sells solar glass division; suffers devastating 2012 losses

Centrosolar HQ

Centrosolar Group AG will sell its solar glass division off, following a year of devastating financial losses. The Germany-based company has also postponed the publication of its annual report and announced the continuation of...


Bad investment and US trade case led to Suntech fall

Suntech Wuxi

Failure to correctly vertically integrate its business operations, the impacts of the U.S.-Sino trade case and the fallout of the GSF Fund debacle all led to Suntech’s current situation, according to IHS Solar. Furthermore, the...


Bulgaria: Photovoltaic grid access fee revoked; appeals underway

Bulgaria solar photvoltaic plant

The Bulgarian Supreme Administrative Court has overruled the controversial grid access fee, introduced for photovoltaic producers in Bulgaria last September 18. The State Energy and Water Regulatory Commission (SWERC) has...


11.6 MW PV project commissioned in India’s Rajasthan

Indian flag

India-based KSK Energy Ventures and U.S. company MiaSolé have commissioned an 11.6 MW CIGS thin film photovoltaic project in the Indian state of Rajasthan.


JA Solar sees significant 2012 net loss

JA Solar photovoltaic production China

JA Solar Holdings Co. Ltd has seen both its Q4 and FY 2012 net losses plummet on the back of a "challenging" year. The company also announced production capacity scale-backs totaling 600 MW. While photovoltaic module shipments...


Innotech Solar ramps PV module capacity up

Innotech Solar Germany photovoltaic cell production

Going against the current grain, Innotech Solar is planning to increase its photovoltaic module production capacity. New jobs are expected to be created.


Cost reduction and innovation the key for struggling PV laminator producers

Laminator solar photovoltaic fully autmoated cross wiring process

Photovoltaic laminator producers see little sign of any upturn in the months ahead, on the back of a tumultuous 2012. Weak demand and factory closures are characterizing the industry, as are overcapacity and U.S. sanctions on...


Singulus Technologies and M-Cells to cooperate on cell production

PV equipment producer Singulus Technologies and solar cell manufacturer M-Cells have signed a letter of intent to expand technological cooperation for commercial production of crystalline silicon cells.


UK: Hanwha supplies modules to 16 MW of PV parks

UK Isle of Wight Wellow 5 MW solar photovoltaic Park ib vogt

Hanwha SolarOne has supplied modules to 16 MW of ib vogt GmbH’s photovoltaic parks in the U.K. Overall, the two companies have worked together on 26 MWp of projects in the country.


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