Latest headlines
EU sees renewables increase
According to the latest figures from Eurostat, renewable energy covered 13% of the European Union’s energy consumption in 2011.
Conflicting 2011 PV inverter figures released
According to one research company, the photovoltaic inverter industry experienced a "record" year in 2011, with shipments increasing by up to 15 percent year-on-year. Meanwhile, a second has reported that growth actually declined...
Germany's SunConcept announces insolvency
SunConcept Group, which designs, installs and operates photovoltaic systems, has filed for insolvency with Germany’s Limburg District Court, after seven of its subsidiaries went bankrupt. A total of 100 employees have been...
REC reports dreary financial results; outlines 2012 goals
Following a year of plant closures and workforce reductions, Norway-based Renewable Energy Company (REC) has had a tough time of it recently. While the solar company reports that photovoltaic module demand has improved, its 2011...
Germany: First Solar scales production back
First Solar is to reduce production at its Frankfurt/Oder manufacturing facility in Germany by 50 percent. As a result, 1,200 employees will be moved onto six months of shorter working hours.
Sanyo closes Californian solar facility
Sanyo Solar (USA) LLC (SSU) has confirmed it will be closing its solar wafer and ingots facility down at the end of March. Around 140 employees will be affected.
Germany’s Röttgen to address energy storage conference
Germany’s Federal Environment Minister, Norbert Röttgen, has confirmed his attendance at the first "Energy Storage – Summit for the Storage of Renewable Energies" conference, scheduled to be held in Düsseldorf this March. During...
Israeli scheme encourages Negev Bedouin to profit from PV
The traditionally semi-nomadic communities residing in southern Israel’s Negev desert have been the subject of disputes involving land, poverty and access for some time. A wave of initiatives to encourage villages to gain...
Bosch delays work on Malaysian PV factory
According to media reports, Bosch has delayed its plans to build a photovoltaic manufacturing facility in Penang, Malaysia, due to the turbulent solar market conditions.
Roth & Rau announces "significant" closures and employee cuts
Admitting that its photovoltaic business has been negatively affected by the weak market conditions in 2011, Roth & Rau has said it will close a number of its subsidiaries and "significantly" reduce its workforce by the end of...
Germany: Rösler explains solar subsidy exit strategy
An explanatory statement for the proposed law has now been presented. In it, the German Federal Ministry of Economics explains the planned steps to a new regulation of solar promotion. It remains unclear what the actual...
SolarWorld acquires over 95 percent of Solarparc’s shares
SolarWorld AG has almost completed its 100 percent takeover of Solarparc AG. The company announced today that it now owns over 95 percent of Solarparc’s shares.
GCL and NRG form new solar company
China-based GCL-Poly Energy Holdings Limited and U.S. company NRG Solar LLC have established a new solar company, Sunora Energy Solutions 1 LLC. Each party owns 50 percent.
Q4 2011 surge in North American PV installations
The North American photovoltaics market experienced a boom in new installations in the fourth quarter (Q4) of 2011, due to decreasing market prices and policy program changes. In 2012, the market boasts a 25 gigawatt (GW)...
Solarhybrid and Solar Millennium finalize takeover deal
Following months of negotiations, Germany's solarhybrid AG has acquired Solar Millennium AG’s 2.25 gigawatt (GW) U.S. photovoltaic pipeline.
Germany: Rösler plans solar subsidy exit strategy
Germany’s Federal Ministry of Economics has presented its own proposal for alterations to the Renewable Energy Law (EEG). An additional installed capacity of 33.3 gigawatts (GW) could see an end to the solar subsidy.
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