Latest headlines

Insolvent SolarMax finds possible buyer

SolarMax inverters

Swiss PV association Swissolar has reported that a company from a German-speaking country is planning an asset deal for the core businesses of insolvent Sputnik Engineering AG, also known a Solarmax. Swiss insolvency authorities...

China: Suntech appoints former state-owned company exec president

Suntech HQ China Wuxi

Suntech Power Holdings Co. Ltd has appointed Weiping Zhou, former chairman of Guolian Futures Co., Ltd and finance department manager of government-owned investment company Wuxi Guolian Development (Group) Co., Ltd, executive...

New Jersey hits 1 GW installed PV capacity

A road sign featuring New Jersey.

Figures from a SEIA/GTM Research study released last week have confirmed that the state of New Jersey has hit the 1 GW installed photovoltaic capacity milestone. The state added 415 MW of capacity in 2012, an increase of...

Advancing solar securitization

The U.S. Department of Energy (DOE) has placed emphasis on the securitization of solar PV assets and associated cash flows in the marketplace. Securitization is expected to draw in more investors to the solar asset class. DOE's...

First Solar tops PV project developer list

First Solar signage

According to the latest data from Wiki-Solar, U.S.-based thin film manufacturer, First Solar Inc. is the top photovoltaic project installer globally, having added 759 MW across 11 sites.

SEIA: US PV system prices fall despite tariffs

US Orego solar photovoltaic plant

The impact of module prices are always discussed in connection with import tariffs on Chinese photovoltaic products. In the U.S. prices continue to fall, despite the tariffs imposed last year. However, the comparison is lopsided...

Germany: Altmaier still for storage incentives

Germany's Federal Environment Minister is still advocating PV storage incentives from May onwards. However the funding issue remains unresolved. Peter Altmaier also mentioned at the Energy Storage conference in Düsseldorf that he...

Planned German storage incentive criticized

The Energy Storage conference in Düsseldorf, Germany, began with more than 500 visitors. Project examples show the conditions under which storage systems pay off and make sense.

Japanese solar will overtake Germany and the US in 2013

A solar rooftop in Japan.

Japan's decision to turn its back on nuclear and offer the world's most generous PV FIT scheme is set to see the country overtake Italy, Germany and the U.S. this year to become the world's second biggest solar market in 2013.

What next for Suntech?

Suntech's solar module facility at Goodyear, Arizona.

Today Chinese photovoltaic module manufacturer Suntech finally admitted it had received notice of default over the US$541 million worth of 3% convertible bonds, which went unpaid on Friday.

Würth Solar to quit PV

A significant part of the business is to be taken over by BayWa and a second investor. Between 50 and 230 jobs are at stake. The German Cartel Office still has to agree to the sale.

Applied Materials' solar chief quashes solar exit rumors

Applied Materials equipment.

The president of Applied Materials' solar division has rubbished rumors the parent company is preparing to pull out of solar.

SMA pays €40 million for Chinese inverter company stake


With the Chinese authorities having approved the transaction, Germany’s SMA Solar Technology AG now officially owns 72.5% of China-based Jiangsu Zeversolar New Energy Co., Ltd.

EPIA calls for EU industrial policy for solar


The European Photovoltaic Industry Association (EPIA) has called for an EU industrial policy to drive innovation and research into solar.

Financial breakthroughs propel solar from alternative energy to mainstream industry

solar photovoltaic SolarWorld

New financial models are expected to help propel solar from being an "alternative energy" to a mainstream industry, states U.S.-based Clean Edge. It adds that PV revenues are forecast to grow to $123.6 billion by 2022. Meanwhile,...

Suntech "technically insolvent"; Wuxi Government to step in

Suntech branding Wuxi

As speculation mounts over whether Suntech Power Holdings Co. Ltd will default on its bond repayments and be forced to file for involuntary bankruptcy today, it seems the Wuxi Government in China is almost certain to bail Suntech...

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