Latest headlines

Rockefellers dump oil, embrace clean energy

SunEdison array

If John D. Rockefeller were alive today, "as an astute businessman looking out to the future, he would be moving out of fossil fuels and investing in clean, renewable energy," says Stephen Heintz, president of the Rockefeller...

Construction to begin on 1 GW Serbian PV project

Belgrade Serbia

A one GW, €1.75 billion photovoltaic project has received the green light in Serbia, after the government and project developer, Securum Equity Partners & Associates signed a binding framework agreement on October 25....

PV market pickup forecast for 2H 2013

General solar photovoltaic modules

New photovoltaic installations worth over 31 GW are predicted for 2012, despite continuing overcapacity and price declines. Forecasts are that the global industry will return to growth in Q2 2013, and will regain lost ground in...

KLA-Tencor exits solar inspection business

KLA-Tencor solar photovoltaic ICOS PVI-6 inspection modules

KLA-Tencor has announced it will be immediately halting its solar inspection operations, due to declining business opportunities and a weak market outlook. No impact on the company’s financial or operational results are expected.

Abound Solar: 3-pronged criminal investigation launched

Abound Solar photovoltaic modules

Already financially reeling following bankruptcy, Colorado-based Abound Solar has now fallen afoul of the law. In a statement released on October 25, the Weld County District Attorney’s Office in Colorado, acknowledged that its...

Dow Corning affected by oversupply and depressed prices

Dow Corning HQ Belgium

Dow Corning Corp.’s Q3 2012 financial results have been significantly impacted by polysilicon oversupply, depressed prices and solar uncertainty.

China: LDK sells 3 PV plants to Henan Xindaxin

LDK Solar branding

LDK Solar has sold three of its photovoltaic rooftop plants in China to Henan Xindaxin Materials Co. for RMB 140 million (US$22.3 million; €17.3 million).

PV equipment upgrades and differentiation key to manufacturers’ survival

Solar photovoltaic equipment

A new report has identified a number of opportunities for photovoltaic equipment manufacturers to turn a profit. The key is product differentiation, according to the author, who states that photovoltaic manufacturers with idle...

China lifts nuclear moratorium

Nuclear Qinshan plant China

Having placed a moratorium on the development of nuclear reactors in the country following the Fukushima disaster in Japan, China has announced it will again start building nuclear plants. Photovoltaic opportunities have also...

Germany: Schüco to pay €8.6 million back to Saxony-Anhalt

Schüco thin film solar photovoltaic

Schüco International KG has to pay back €8.6 million to the Saxony-Anhalt Ministry in Germany, following the closure of its thin film photovoltaic module manufacturing facility in Osterweddingen.

NRG- GenOn merger approved

20 MW solar photovoltaic plant New Mexico

The merger between NRG Energy Inc. and GenOn Energy Inc. has been sanctioned by the Public Utility Commission of Texas (PUCT). There are still a number of other approvals to be received, however, before the transaction can be...

Sovello lays off more workers amid dwindling hopes of a rescue

Insolvent German photovoltaic company Sovello is reducing its workforce from 170 to just 50.

Despite the ongoing search for an investor, Sovello GmbH can no longer continue to operate. As such, the team has been reduced from 170 to just 50 employees.

Wacker Chemie delays US polysilicon plans; affected by solar consolidation

Polysilicon production at Wacker's Tennessee plant has been held up for 15 months because of global photovoltaic market problems.

Wacker Chemie AG has announced production at its new Tennessee polysilicon facility will be delayed by 18 months. Overall, the company has reported "significantly" decreased sales in its polysilicon business on the back of...

APVIA: Singapore becoming base for solar business

A model of a green business park in Berlin.

While with only 5.5 MW in installed capacity, Singapore is a minor end-market for photovoltaics, however as a business and banking hub, it is increasingly becoming a base for solar companies.

Ukraine: Martifer Solar signs off on 4.5 MW Porogi project

Martifer Solar is buidling a 4.5 MW photovoltaic plant at Porogi, southern Ukraine.

Portuguese company Martifer Solar has signed an EPC contract to build a 4.5 MW solar plant in the Ukraine, which it plans to have online by the end of 2012.

UK reaches 1.3 GW of PV capacity

2.7 MW solar park at Spalding, U.K. part of 1.3 GW total photovoltaic capacity, according to DECC.

The latest figures from the U.K. government's Department for Energy and Climate Change (DECC) show a total installed capacity of 1.3 GW of photovoltaics nationally at the end of September 2012.

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