Latest headlines

Report: Energy storage market expected to rise to $50 billion in 2020

BMWi production plant, Leipzig, Germany

The automotive market is displacing consumer electronics as the biggest user of energy storage, which will lead to further scale and cost reductions, according to Lux Research.


Inventux lets 67 employees go

Inventux HQ

Inventux’s insolvency administrator has, after fruitless negotiations with Germany’s labor agency, let 67 employees go, mainly from the already significantly-reduced production side.


SolarBridge obtains $25 million for expansion

SolarBridge solar photovoltaic microinverter

U.S.-based photovoltaic microinverter company, SolarBridge Technologies has secured US$25 million in Series D funding.


Future of Germany’s PV industry discussed

German solar photovoltaic park

Industry experts are currently discussing the future of the German solar market in Berlin, following the amendments to the country’s renewable energy law (EEG).


Motech to sell US polysilicon facilities

Polysilicon

Motech Industries Inc. has announced it will sell off its U.S. polysilicon manufacturing operations, due to the "drastically" changing solar industry and weak economies of scale.


Bankruptcy or acquisition facing half of PV manufacturers

Q.Cells solar photovoltaic modules

"At least" half of the world’s existing photovoltaic manufacturers will either go bankrupt or be taken over, according to Ernst & Young and Bloomberg New Energy Finance (BNEF). Meanwhile, they have identified three key solar...


Hanwha SolarOne sees mixed Q1 results

Hanwha SolarOne photovoltaic modules

Having curtailed its photovoltaic module shipments to avoid potential retroactive tariffs from the U.S., Hanwha SolarOne has seen a decrease in activity in the first quarter (Q1) of 2012. Overall, its financials achieved mixed...


Yingli sees Q1 improvement despite dumping tariffs

Yingli solar photovoltaic installation 1.4MW 2009 Rutgers University

Yingli Green Energy Holding Company Limited has recorded a relatively positive first quarter (Q1), despite the imposition of preliminary dumping tariffs by the U.S. While its financials significantly improved sequentially, it...


North America: PV module supply shortage; higher costs; lower ROIs

Chinese solar photovoltaic manufacturing BYD

The preliminary antidumping tariffs announced by the U.S. Department of Commerce (DOC) could see up to 45 percent, or 1.5 gigawatts (GW) of photovoltaic module shipments to North America suspended. Meanwhile, module costs are...


Goldman Sachs banks on renewable energy

A PV array in Germany.

News agency Reuters has reported that Goldman Sachs Group Inc has set its sites on investing US$40 billion into renewable energy projects over the next decade.


India: Kashmir's move towards solar

Kashmir

An 18 kilowatt solar power plant at a sub-district hospital in Charar-i-Sharief, located in the disputed northwestern Indian region of Jammu and Kashmir, was inaugurated today. A high level meeting also took place to iron out...


Conergy opens 8 MW park in Germany

The Conergy solar park in Grimmen.

German photovoltaics manufacturer, Conergy has opened an eight megawatt (MW) solar power plant in Grimmen, near Germany’s Baltic Sea coastline. Around 35,000 Conergy PowerPlus modules were used in the installation, which is...


Canadian Solar delivers 8 MW to landfill plant

Canadian Solar modules in the field in Germany.

Chinese photovoltaic manufacturer, Canadian Solar announced today that it has delivered eight megawatts (MW) of modules to a project, on a former landfill site, in the German state of Hesse.


Australia: 210 MW shortlist emerges

The Australian Capital Territory (ACT) has reached the final stage of its selection process for a scheme in which 210 megawatts (MW) of large-scale solar projects will be added to the territory. The smallest of Australia’s states...


Germany: Record 40 percent solar weekend

The German flag.

Early summer weather has seen Germany’s photovoltaic power plants feed 22 gigawatts (GW) back into the grid in a 24-hour period. In fact, so high was production that on Saturday at midday, 40 percent of the country’s total energy...


China retaliates, finds US in violation of free-trade rules

Chinese flag

According to Bloomberg, China’s Ministry of Commerce has identified five U.S. states which have violated free-trade rules. Meanwhile, Reuters reports that the trade case looks likely to move to Europe.


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