Latest headlines

Judge limits asset transfers by SunEdison, TerraForm Power

Shareholders of Latin American Power have successfully blocked SunEdison from transferring assets under unusual conditions until a February 25 hearing.


SunEdison sued by Latin American Power shareholders

The shareholders are asking for a court order to protect assets, claiming that SunEdison is near bankruptcy and is trying to hide assets.



PV Crystalox closes Japanese wafer business, continues strategic review

The UK-based wafer maker will keep its German wafering operations going while it continues to mull future plans.


Orix on track to meet 900 MW Japanese solar goals

Orix has installed 350 MW of solar in Japan to date

Japanese finance and leasing company, Orix has said it aims to invest around US$872 million in installing 550 MW of solar in Japan in the next two years. This would take its cumulative capacity to 900 MW, thus achieving targets...


US Clean Power Plan blocked by Supreme Court

The Clean Power PLan, which would boost the solar industry, is in jeopardy

The U.S. Supreme Court has put President Barack Obama’s Clean Power Plan on hold until it determines the plan’s legal merits, expected this summer. Despite the surprise, many are confident the decision won’t affect coal’s...


SolarCity reports strong Q4 results, resumes focus on growth

The largest U.S. residential solar company installed a record 272 MW during Q4, with a record low cost of US$2.71 per watt. With ITC extension, SolarCity has changed its strategy and will continue to pursue a larger market share.


Panasonic to suspend PV cell assembly amid declining demand

Panasonic HIT cell

Panasonic Corp. is set to suspend operations at one of its PV cell plants for several months amid dwindling demand, Japanese news agency Kyodo reported Tuesday.


India: 50 MW Maharashtra tender attracts one bidder

Maharashtra, India

Interest in solar auctions continue to wane in India in the face of reduced tariffs. In Maharashtra, a major tender failed to attract enough bids and it will now be held anew.


REC Silicon to shut down remaining FBR polysilicon production in Washington

The polysilicon maker will also shut down silane units, and says these moves are the result of Chinese import duties on U.S. polysilicon. Falling polysilicon prices may also play a role.


Dow Corning increases net income as sales drop

Hemlock shuttered Tennessee facility

U.S. silicon technology giant Dow Corning Corp. on Friday reported a 10% increase in net income last year despite a 9% drop in sales.


Iran to pay 35% premium for solar, wind plants with domestic content

Iran will authorize 1 GW of solar and wind contracts in March and plans to put 5 GW online over the next decade.


US: Cumulative solar installs top 28 GW, 16 GW of renewables installed in 2015

Cumulative utility-scale solar installs have topped 17 GW in the US

According to a new study by BNEF and the Business Council for Sustainable Energy, cumulative solar capacity in the U.S. has reached 28 GW, of which 7.3 GW was installed in 2015. Overall, last year saw 16 GW of renewables added,...


United PV withdraws $90 million Hareon lawsuit

Hopefully hareon's lawsuit woes are behind it

United PV has today announced the withdrawal of a US$90 million lawsuit, after receiving $250 million from an investment fund under a deed of assignment, and reimbursement from Hareon for all arbitration and legal costs.


Toshiba reorganizing to focus on energy, storage amid major losses

Toshiba is currently working on various energy storage projects

Toshiba’s latest earnings results show catastrophic losses for the Japanese electronics conglomerate, which are forecast to hit US$6 billion for the FY 2015. Its recent accounting scandal has forced it into restructuring. More...


Sharp: Surprise over Foxconn nod, Energy Solutions segment reports biggest revenue drop

Sharp's Energy Solutions division, which houses its solar business, has seen significant losses

Sharp has surprised many by awarding preferred negotiating rights to Taiwan’s Foxconn for its US$5.9 billion takeover bid, rather than the Innovation Network Corporation of Japan (INCJ). Meanwhile, the electronic giant has...


Panasonic’s solar PV sales suffer from Japanese market weakness

Panasonic reports a slight decrease in sales and a sharper fall in profitability in its Eco Solutions business, which it blames on slowing domestic demand for its solar PV solutions and other products.


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