Latest headlines

The pv magazine weekly news round-up

The Bee Gees.

Good news from Italy and India, astonishing news about sunlight levels and the solar cell coming to a printer near you but it's all too late for one US state. We should have listened to Barry...


MEMC sees solar revenues rise

Despite the continuing difficult market conditions, MEMC Electronic Materials, Inc. has seen its second quarter (Q2) 2012 financial results improve on the back of stronger solar energy revenues. Despite this, it has declined to...


US injects $43 million into energy storage research

Grid Image

The U.S. Department of Energy (DOE) has made US$43 million worth of funding available to 19 energy storage research projects.


Solar ITCs deliver positive IRRs to US government

SolarCity solar photovoltaic installation.

A new analysis of the U.S. Federal Solar Investment Tax Credit (ITC) claims that both residential and commercial photovoltaic projects supported by the ITC can deliver a nominal 10 percent internal rate of return (IRR) to the...


Greece sets new monthly PV record in June

Greece 1.1 MW solar photovoltaic park

Ninety seven MW worth of photovoltaics were installed in Greece in June, thus setting a new monthly record for 2012. To date, the country has installed 724 MW.


Suntech fraud investigation prompts class action lawsuits; claims of forewarnings

Suntech HQ, Wuxi, China

Following the news that Suntech may have backed fictitious bonds, two class action lawsuits have been launched in the U.S. Meanwhile, media reports claim warnings were sent to the China Development Bank (CDB) urging it not to...


North Africa: Maghreb countries are preparing for the solar sector

Morocco solar photovoltaic panels

With its high solar radiation and growing demand for energy, North Africa is set to become a big future solar market. pv magazine spoke with expert Badr Ikken, director and co-founder of Moroccan-based National Institute IRESEN...


Inventux saved by South American investors

Inventux HQ Germany

The insolvent, Germany-based Inventux has been saved. More than half of the company’s workforce will be retained.


Germany: 4373.5 MW installed in first half

The German Federal Network Agency has announced that in June alone this year, about 1.8 GW of new PV capacity was added to the grid. Reasons may have been the EEG discussions and the expiry dates for transition periods for larger...


Chinese government responds to EU trade case

Chinese PV manufacturing facility.

The Chinese Ministry of Commerce (MOFCOM) has responded to EU anti-dumping trade case against Chinese photovoltaic manufacturers. MOFCOM has claimed that the aggressive pricing of Chinese modules is a result of cost reductions,...


Sovello: Situation worse than expected

According to the liquidator, the financial position of Sovello is far worse than feared. The former CEO, Reiner Beutel has resigned from his post. Despite this, operations will continue for the time being.


ReneSola signs 8 MW Australian supply deal

ReneSola modules.

Chinese manufacturer ReneSola announced today that it has signed an eight MW supply agreement with one of Australia’s largest solar specialist companies, True Value Solar.


First Solar reports higher net sales

First Solar released its second quarter financial results for 2012 with net sales of US$957 million. This is an increase of $460 million from the first quarter and $425 million from the second quarter of 2011. First Solar...


Tokelau: World’s first 100 percent PV territory

Workers for the South Pacific working on ground mounts for a PV system.

The South Pacific territory of Tokelau is set to become the first territory to have its electricity provided entirely by photovoltaics. The archipelago is a dependent territory of New Zealand.


Mixed Q2 results from Chinese manufacturers

China PV.

Preannouncements of financial results in Q2 have revealed a mixed bag from Chinese manufacturers, which are facing tariffs on their products in the U.S. and potential anti-dumping measures in the E.U.


'No More Solyndras Act' advances, as sticks and stones are aimed at DOE loans

A photo of the Solyndra factory, taken from a highway.

Led by Chairman Fred Upton (R–Michigan), on August 1, the U.S. House Committee on Energy and Commerce effectively voted "aye" on Department of Energy (DOE) loan guarantees for nuclear and fossil fuel programs, but "nay" to...


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