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Europe on BEST PATH to developing high-capacity transmission networks

Transmission tower, Germany

Backed by the European Commission and coordinated by Spanish TSO Red Eléctrica de España, the aproject aims to provide vital

SunPower reaches $19.7 million class action settlement

SunPower solar photovoltaic plant Tolosa

SunPower Corp. has agreed to settle a private securities class action suit, which was launched against itself and members of its management, for US$19.7 million.

Sunways announces further restructuring changes

Sunways solar photovoltaic facade

In addition to cutting around half of its workforce, Sunways has announced it will focus its future activities on specialist applications. It will also reduce solar cell production.

PV Crystalox unveils "radical" restructuring

PV Crystalox

PV Crystalox Solar plc has announced it will discontinue polysilicon production in Germany and "substantially" reduce ingot and wafer production in the U.K. and Germany, respectively.

NRG-GenOn merger complete

US Agua Caliente solar photovoltaic project thin film first solar

Ahead of schedule, the NRG Energy, Inc. and GenOn Energy, Inc. merger has been completed. NRG Energy is now said to be the biggest energy generator in the U.S. with an energy portfolio of around 47 GW.

Investing in gas over renewables is a false economy, says UK pressure group

The Union Jack

Environmental pressure group Friends of the Earth has rubbished U.K. government claims new natural gas extraction methods will unearth so much of the fossil fuel that the international price of gas will fall.

Mixed news from Chinese panel manufacturers

The Chinese flag

In separate developments in China, Apollo Solar announced an improvement in manufacturing processes that will further reduce module prices, whilst shares issue by SolarGiga were less than 50% subscribed.

Canadian Solar moves away from direct panel sales

Canadian Solar photovoltaic park in Germany.

The chief financial officer of Canadian Solar says the panel manufacturer expects to make half of its revenues next year from developing solar farms rather than selling panels.

Canadian Solar "shall pay" $40 million in compensation to LDK

LDK Solar branding

Canadian Solar may have to pay back compensation to LDK Solar Co. Ltd for the "illegal termination" of two photovoltaic wafer supply agreements made in 2007 and 2008. A Canadian Solar spokesperson said the company is reviewing...

Intersolar China: Ambitious targets and emerging markets

Intersolar China 2011

Despite being down-sized to a conference without an exhibition, the second edition of Intersolar China in Beijing turned out to be very well-timed. In addition to news of a doubling of the country’s 2015 photovoltaic target, many...

13. December 2012 | | Comment now

Photon Europe files for insolvency

Photon flags

Germany’s Aachen District court officially opened preliminary insolvency proceedings against Photon Europe. The prosecution had previously been involved in investigations into delayed filing of insolvency.

Lux Research outlines path to PV module profitability

General solar photovoltaic module picture

If solar manufacturers are to return to profitability, and drive market growth despite ever-diminishing government subsidies worldwide, they must dramatically reduce their inventory costs for modules, according to the findings of...

China considers upping 2015 PV target to 40 GW

China solar photovoltaic system Optomy rooftop system

According to local media, China’s government is considering raising its 2015 photovoltaic installation target from 21 to 40 GW. Official confirmation is still to be received, however.

SolarWorld not ruling out strategic partnerships

SolarWorld HQ US Hilsboro

According to CEO Frank Asbeck, SolarWorld AG can expect good overseas sales in Q4. He added that a strategic partnership is not out of the question.

SolarCity’s difficult path to public market

A SolarCity van.

In what is becoming one of the closest watched solar IPOs for some time, solar lease provider SolarCity has increased the number of shares in its offering and reduced its share price.

Asia-Pacific solar revenues to reach $11.1 billion by 2016

Japan solar photovoltaic project

According to new research by Frost & Sullivan, the Asian-Pacific solar market will reap revenues worth US11.1 billion in 2016. Meanwhile, photovoltaics is said to be the leading technology in the region.

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