Latest headlines
Solar power rises in Japan with plans for 636 MW by 2015
Japan’s corporate giants are establishing major new solar projects in the country, with 636 MW planned by 2015. Japan Asia Group, Nippon Paper, Toyota and Mitsubishi are among the active players in the country’s booming solar...
Russia unveils draft renewable energy law
Russia’s Energy Ministry submitted a draft renewable energy law to Prime Minister Dmitry Medvedev for approval on 15 April. It is aimed at supporting the deployment of renewable energy sources including solar, wind and...
India: Andhra Pradesh announces new PV tariffs
The government of southern Indian state Andhra Pradesh has announced a photovoltaic FIT of Rs 6.49/kWh (US$0.12, €0.09) for its tender of one GW, according to energy consultants RESolve. Solar developers are said to be...
SoloPower confirms reductions, searches for investor
U.S.-based flexible CIGS manufacturer SoloPower has confirmed that it is scaling back its operations, as it searches for a strategic investor.
REC: Revenues down 24%, but overall losses significantly lowered
Despite a 24% decrease in revenues in Q1 2013, the Renewable Energy Corporation ASA (REC) managed to significantly lower its losses, compared to the last quarter of 2012. In addition to posting its Q1 financial figures, the...
Analysis: ABB's Power-One acquisition
Monday's announcement that ABB was to acquire inverter manufacturer Power-One certainly turned heads. But where will it leave the two companies and how will it impact the photovoltaic market? IHS Solar Research Manager Sam...
European module prices rise for first time in 4 years
Module prices have increased in the European market for the first time in four years, according to a report by IHS. The upward trend is expected to continue.
Canadian anti-dumping investigation launched against Chinese silicon metal
The Canada Border Services Agency (CBSA) has initiated investigations this week into silicon metal exported from China. The investigations follow a complaint filed by Québec Silicon Limited Partnership of Bécancour, Québec,...
Germany: Avancis in negotiations to stop production at second CIGS facility
Avancis GmBH is currently in negotiations with the workers council to temporarily stop production at its Fab 2 CIGS production facility in Torgau, Germany. Up to 220 workers will be affected by the decision, which is expected to...
Fox Energy to produce modules for SunEdison
MEMC Singapore has signed a manufacturing services agreement with Fox Energy, the PV production wing of Foxconn Technology, to manufacture up to 350 MW of solar modules for MEMC Electronic Materials subsidiary, SunEdison.
First Solar agrees to sell 139 MW Californian power plant
U.S. thin film producer and project developer First Solar has agreed to the sale of its 139 MW Campo Verde Solar Project to Southern Power and Turner Renewable Energy. The sale is expected to go through when the plant begins...
Continued low booking levels for equipment manufacturers [Updated]
SEMI has released the "4Q’12 Worldwide Photovoltaic Equipment Market Statistics Report" with global PV equipment billings and bookings data. The report shows that billings and bookings remain low. Asia dominated sales with China...
Sunways: Banks cancel $8.6 million credit
In light of the continuing downturn in the European photovoltaic industry, yet another negative announcement was made today by a German company. Banks have cancelled their line of credit worth US$8.6 million to LDK Solar...
US: Two arrays in April and a CEO to look out for
Cincinnati-based project developer Melink Corporation and Solectria Renewables from Massachusetts commissioned a 2.15 MW solar array at the Cedarville University in Ohio. Recently Solectria's CEO was also named as "2013 Women to...
Renewables to add 70% of power production capacity by 2030, says BNEF
In the energy sector, 70% of new power generation capacity added between 2012 and 2030 will come from renewable technologies. Solar energy will account for 24% of new power capacity by 2030.
Surviving the PV module downturn until 2015
NPD Solarbuzz's latest report shows that a module market downturn and further consolidation are to be expected until 2014. Recovery is forecasted to begin in 2015. Surviving the downturn phase will be a key objective for...
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