Latest headlines

IKEA to broaden solar panel sales beyond UK

IKEA store.

The Swedish furniture retailer is to sell solar panels in eight more countries following a successful pilot scheme in the UK.

LDK and Heng Rui Xin Energy enter into share purchase agreement

LDK Solar branding

China’s LDK Solar and Heng Rui Xin Energy Co. have entered into a share purchase agreement, under which Heng Rui Xin Energy will acquire 19.9% of LDK’s share capital.

Belectric takes Konarka GmbH over

Konarka solar photovoltaics organic

Germany-based Belectric has taken the insolvent Konarka GmbH over. The announcement marks the company’s entrance into the organic photovoltaic market.

Siemens exits solar business

Siemens solar photovoltaic park

Siemens AG has announced it will no longer be active in the solar industry, and will instead focus on wind and hydro power in the field of renewables.

India: Tamil Nadu unveils ambitious solar policy

Tamil Nadu India

Tamil Nadu is the next Indian state to introduce a specific solar policy. With the aim of installing three GW by 2015, it is ambitious in its scope. It is also the first policy in India to introduce net metering guidelines.

£20 million incentive for UK energy storage solutions

Storage battery

The U.K. government has made £20 million available to encourage innovation in energy storage systems.

Isofotón denies Spanish factory closure

Isofotón HQ Malaga Spain

Spanish media reported yesterday, October 18, that Isofotón would close its photovoltaic manufacturing facility in Malaga for two months. The company has denied this.

Investment interest in Romanian PV market increases

500 kW solar photovoltaic installation Romania

The maturing photovoltaic markets in Germany, Spain, France and Italy, and recent feed-in tariff cuts in a number of key markets have prompted solar investors to look for new opportunities in South-East European (SEE) nations....

SMA announces job cuts of over 1,000

SMA solar photovoltaic inverter

On the back of "deep" subsidy cuts in Europe, SMA Solar Technology AG has announced it will reduce its workforce by 450 and terminate 600 temporary workers. Overall, it predicts a "significant" drop in sales due to a "steep"...

Interview: Inside Sungevity’s expansion Down Under

A roof with PV installed in Australia.

Solar lease provider and online solar entrepreneur Danny Kennedy has expanded Sungevity into nine states across the U.S., from its Oakland base. This year the company moved into the Netherlands and, this quarter, into Australia....

Iraq unveils $1.6 billion renewable energy plans

Iraq flags

According to reports, Iraq plans to channel US$1.6 billion over the next three years into solar and wind power, with the aim of adding 400 MW to the national grid.

EuPD: Independence in demand from consumers

A battery

As FITs and support mechanisms for photovoltaics change and hence uncertainty for consumers increases, so too does their willingness to invest in storage. This is one of the results of EuPD’s latest research into consumer...

Satcon files for Chapter 11 bankruptcy

Satcon solar photovoltaic inverters

Satcon Technology Corporation and its six subsidiaries have today, October 17, filed voluntary petitions in Delaware’s U.S. Bankruptcy Court under the U.S. Chapter 11 Bankruptcy Code. The company aims to reorganize its structure,...

First Solar awarded contract for 13 MW MENA installation

The UAE Prime Minister in traditional robes, with a series of other dignitaries, looking at a tiny model of the renewable energy fab.

Photovoltaic activity in the MENA region continues to pick up, with the Dubai Electricity and Water Authority (DEWA) awarding the 13 MW first stage of its 1 GW Mohammed Bin Rashid Al Maktoum project to First Solar.

Solarwatt’s insolvency proceedings revoked

Solarwatt HQ Dresden Germany

Solarwatt AG‘s restructuring plan has been finalized, meaning insolvency proceedings for the German company have been revoked. However, in the next six months, shorter working hours on the production side will be a possibility.

Interview: PV bankability hurdles are increasing

US large-scale solar photovoltaic plant Agua Caliente project

Ed Heacox, principal and co-founder of Envect Inc. talks to pv magazine about the U.S. solar market – the challenges, bankability, funding and how solar can play a role in developing smarter, more efficient grid.

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