Latest headlines

UK hits 5 GW solar PV capacity

Solar installation, Glemham.

NPD Solarbuzz figures find that 90% of U.K. capacity was installed in the past three years. FIT-driven, small-scale systems account for 42% of all installation capacity.

Hanwha’s proposed takeover of Q.Cells welcomed

Q.Cells HQ building Germany

An official confirmation that Hanwha has already submitted its Q.Cells SE takeover offer is still to be made. Nevertheless, the announcement has been welcomed.

Suntech court order sees GSF asset freeze

Suntech HQ brand

Suntech Power Holdings Co. Ltd has won the first leg of its investigation into the possible fraudulent issuance of German government bonds, having obtained a court order to freeze GSF Capital’s and Romero’s global assets, and...

Conergy’s financial improvements continue

Conergy solar photovoltaic modules

Following a relatively successful first quarter (Q1) of 2012, Conergy AG is continuing on its positive earnings trajectory, despite the still-difficult solar market conditions. In addition to marked financial improvements across...

PV to lead rapid increase in decentralized power generation over next 5 years

Rooftop solar photovoltaics

Quickly becoming the new industry buzzword, distributed power generation, led by photovoltaics, is set to "rapidly" expand over the next five years to reach an annual installation rate of 63.5 GW by 2017.

REC Wafer Norway files for bankruptcy

REC Norway wafer facilitiy

Following the complete closure of its wafer operations in April, REC Wafer Norway AS now has to file for bankruptcy after parent company, REC ASA said it will not provide the necessary funding for a solvent wind-up of operations.

Canadian Solar secures $93 million CBD loan agreement

Canada solar photovoltaic plant First Light Skypower

Chinese-Canadian photovoltaic module manufacturer, Canadian Solar Inc. has signed a loan agreement with the China Development Bank (CDB) worth CA$93 million.

$65 million secured for small-scale solar in SE Asia

Malaysia small-scal solar photovoltaic system

The Armstrong South East Asia Clean Energy Fund, said to be the first of its kind in the region, has secured US$65 million in its first funding round. Overall, it aims to raise $150 million for small-scale power generation,...

Hanwha confirms Q.Cells interest

Q.Cells solar photovoltaic module

A spokesperson for Hanwha has officially confirmed the company’s interest in the insolvent Q.Cells. An offer from the Korean company is expected this week.

SolarWorld’s financials take a battering

SolarWorld Freiburg photovoltaic solar module facility Germany

Germany-based SolarWorld AG has seen its 2012 financials suffer significantly, both sequentially and annually. CEO and chairman, Frank Asbeck, who will forego any salary or dividend until profitability returns, could be waiting a...

Hanwha SolarOne talks North American strategies

Hanwha SolarOne solar photovoltaic

At this year’s Intersolar North America, pv magazine caught up with Hanwha SolarOne to discover what its plans for the North American photovoltaic market are.

China: Utility-dominant PV landscape changing

Active PV projects in China by market sub-segment graph

According to the latest research, the Chinese photovoltaics industry is shifting to a more decentralized model, following a "sharp" increase in non-residential building-mount applications, and a rise in non-utility commercial...

MiaSolé seeks backers following layoffs and reorganization

MiaSole solar photovoltaic  installation

U.S.-based copper indium gallium selenide (CIGS) thin film photovoltaic module manufacturer, MiaSolé has announced the scaling-back of its manufacturing operations. Media reports put the jobs losses at around 200.

Third class action lawsuit launched against Suntech

Suntech crystalline solar photovoltaic modules

A third class action lawsuit has been launched against Suntech on the back of the news that German government bonds received in 2010, totaling €560 million, may be fictitious.

Hanwha SolarOne unveils 1 GW North American PV pipeline

Hanwha SolarOne photovoltaic solar facotry

Korea’s Hanwha SolarOne Co. Ltd is continuing with its downstream expansion strategy. Amid rumors the Hanwha Group is gearing up to take over Germany-based Q.Cells, the company has launched Hanwha SolarEnergy America (HSEA) in...

Inventux investors from Chile and Argentina

Inventux HQ, Germany

Recently rescued, Berlin-based Inventux Technologies has presented the plans of its new investors. While the names have still not been unveiled, it has been said the buyers come from the mining industry and infrastructure sector...

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