Latest headlines

Egypt-SIA examines solar goals, market conditions

Nile, Aswan, Egypt

In a new report, the Egypt Solar Industry Association looks at the current state of the country's ambitious solar development plans, including an overview of government policy, the country's feed-in tariff program and...

US: Insufficient funding for energy research

MIT Professor Dr. Ernest Moniz made his pledge at the full committee hearing held this Tuesday, which will eventually decide if he is the man to take over as U.S. Secretary of Energy. The fact the U.S. is not spending enough on...

PV predicted to produce 110 TWh in 2013

US solar photovoltaic plant

According to a new report issued by the International Energy Agency (IEA), already installed photovoltaic systems will produce "at least" 110 TWh, or 110 billion kWh in 2013, thus representing 0.5% of global electricity demand....

Global PV to exceed 35 GW in 2013

pv plant remote location

Global photovoltaic installations are forecast to exceed 35 GW in 2013, equivalent to a growth of 12%, according to an analysis published by research company IHS Solar. Last year, it says, global photovoltaic installations...

Suntech seeking buyers and investors

Suntech manufacturing plant

Suntech is searching for buyers and investors, an unidentified source close to the China-based photovoltaic manufacturer has told Reuters.

Advanced Energy acquires Refusol

Refusol solar photovoltaic three-phase string inverters

Following the signing of a contract by both parties, German photovoltaic inverter company Refusol is now a part of U.S.-based Advanced Energy Industries.

Centrosolar unveils stark debt reduction plans

Centrosolar HQ Germany

Germany-based Centrosolar Group AG has unveiled a number of approved measures aimed at cutting its around €90 million debt burden. Included in these are a capital reduction of 25:1 and the issuance of new shares.

Germany: PV falls by 500 GWh year-over-year

German flag

Despite an increase in installed PV capacity to 33.4 GW in Germany, photovoltaic power output fell by 500 GWh year-over-year during the first quarter of 2013, according to a report released by the German Fraunhofer Institute for...

First Solar stock surges on major announcements

First Solar.

U.S. thin film manufacturer and project developer First Solar has taken what appears to be a major leap forward, as its share price soared on the back of 2013 financial guidance, an acquisition announcement and a major efficiency...

Central Europe smart grid market worth $10.3 billion by 2023

A smart meter.

The smart grid market in central and eastern Europe (CEE) will be worth a cumulative $10.3 billion by 2023, according to a report by market research group Northeast Group LLC.

Euro PV companies petition EC over Chinese module tariffs

EU flags flying.

Representatives of more than 1,000 representatives from European companies have written to the EU to criticize any plan to apply anti-dumping duties to Chinese-made solar modules.

Buffett rumor sees Suntech stock surge

Suntech's main Wuxi manufacturing unit has gone into insolvency.

With shares in insolvency-hit solar manufacturer Suntech leaping yesterday to close at US$0.48 on rumors Warren Buffett is interested in a purchase, all eyes will be on the stock when the market reopens at 3.30 pm today.

Downstream solar dominates VC funding scene

A Bosch solar module.

Downstream solar companies dominated the global venture capital (VC) fundraising arena in the first quarter of 2013, finally benefiting from historically cheap panel prices, according to consultants Mercom Capital Group.

SMA: Strong push for innovation in Germany

SMA's Pierre-Pascal Urbon.

A tough domestic market prompted solar inverter company SMA to raise 70% of its revenues from outside Germany in 2012.

Crowdfunded solar begins in earnest in California

The Solar Mosaic office.

After what has proven to be a lengthy process, a Californian solar startup has received the go-head to offer US$100 million in projects to Californian investors. Mosaic, formerly Solar Mosaic, is the startup which will offer the...

Germany: €970 million surplus for EEG levy in March

German flag

In Germany, the EEG levy received a record surplus of around €970 million (US$ 1,263 million) last March, thus reducing significantly the accumulated deficit to around €450 million (US$ 586 million).

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