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