Latest headlines

Indian Railways plans 1 GW of solar projects

Indian Railway locomotive

Indian Railway Minister Suresh Prabhu says his plan to purchase power by soliciting bids from generators and power exchanges will result in savings of $485 million.

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.

Germany’s solar industry out in force

Germany March 2012 solar industry protests

Under a beating sun, around 12,000 people from across Germany gathered together today in Berlin at 13.00 to protest against the new photovoltaic feed-in tariff (FIT) changes.

Enerplan: French solar industry remains sceptical

French flag

France-based Enerplan demands a clear political strategy for France’s future, and expresses scepticism over electricity giant, Electricité de France’s (EdF’s) Photowatt takeover.

Suncore starts CPV production in China

Huainan, China

Suncore Photovoltaics has commenced production of its concentrated photovoltaic (CPV) modules in China following the completion of Phase-I construction at its facility in Huainan.

Oerlikon sells solar business

Oerlikon Solar lab work

Switzerland-based Oerlikon Group will sell its thin film solar operations to Japanese company, Tokyo Electron Limited (TEL) for an undisclosed sum. In reporting its negative 2011 financial results, the group cited "extremely...

Italian government scraps retroactive PV measures

Solar photovoltaic plant in Italy

Italy’s government has backtracked on a retroactive measure it was looking to impose on photovoltaic installations located on agricultural land.

ESA to install 22 PV systems in Tennessee and North Carolina

Tenneessee road sign

ESA Renewables LLC (ESA), a turnkey solar solutions provider, will install 22 200 kilowatt (kW) photovoltaic arrays in the U.S. states of Tennessee and North Carolina.

Foresight acquires 2 UK PV plants

UK 4 MW solar photovoltaic plant in Puriton

Alternative asset manager, Foresight Group has bought two ground-mounted photovoltaic projects worth six megawatts (MW) in the U.K.

Germany’s Ralos also files for insolvency

Ralos solar photovoltaick Park Italy

Ralos New Energies AG, based in Germany, has also filed for insolvency. The photovoltaic system provider and project developer cites a weak financial situation as the primary reason.

Solar boat race: Fourth edition registers forty

The enrollment period for the fourth solar boat race closed with forty registrations. The race is scheduled to take place in Leeuwarden, The Netherlands on July 8.

SunEdison sells 30 MW PV project

Austin, Texas

SunEdison has sold its 30 megawatt (MW) Webberville photovoltaic project, located near Austin, Texas, to MetLife and Longsol Holdings US Inc., a private owner and operator of solar projects in the U.S. and Europe.

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