With interest at the 1% level, bonds are proving cheaper than bank loans and fulfilling strong demand for long-term A-rated notes in the country.
As part of its reorganization plan, SunPower Corporation has said it will idle six solar cell manufacturing lines in the Philippines and cut around 900 employees, most of which are based on the archipelago.
Japan-based Solar Frontier has announced that production will be suspended at its 60 MW MP2 photovoltaic module manufacturing plant. Around 200 employees will be affected.
Last week, Australia’s first utility-scale photovoltaic installation went online. Located in the Midwest of Western Australia, it will sell the generated electricity from its 10 MW of First Solar modules to a nearby desalination...
Italy has a cumulative photovoltaic capacity of 15.9 GW, according to Italian network agency, GSE. However, just €241 million is left in the country’s solar subsidy coffers.
According to reports, Wacker Chemie AG has introduced shorter working hours, due to a lack of demand for polysilicon from the photovoltaics industry. 650 workers are said to have been affected.
Said to be the largest project of its kind in Latin America, Solarpack, Gestamp Solar and other local companies have completed work on a 40 MW photovoltaic project in Peru.
SunStrom GmbH has been saved after former management purchased the company. All remaining jobs are expected to be maintained.
The U.S. Department of Interior has finally given the green light to the development of solar on 285,000 acres of public lands in the southwest.
Solyndra’s anti-trust lawsuit, filed last week, has been branded as a "misguided effort … to find scapegoats". The three named Chinese photovoltaic manufacturers have strongly denied the allegations.
Centrotherm photovoltaics AG has today submitted its reorganization and future concept plan, on time, to the Ulm District Court.
The bankrupt Solyndra filed an anti-trust lawsuit against Suntech Power Holdings Company Ltd and other Chinese companies on October 11 in San Francisco, the U.S., accusing them of, among other issues, "running an illegal cartel".
Solar storage solutions are integral to the further development of the photovoltaics industry. However, cowboys "looking to make a quick buck" need not apply, as stable and sustainable market development is required, according to...
China’s Ministry of Commerce (MOFCOM) has called on the U.S. to drop the trade case launched against Chinese photovoltaic manufacturers and instead help foster closer cooperation between the two nations.
A number of U.S. solar companies, including SolarCity Inc., have been issued with subpoenas by the U.S. Department of Treasury, which is investigating the companies’ participation in the Section 1603 grant program. If...
Although off-grid photovoltaic technology still represents a relatively small market segment in the solar industry, for many, the technology has become vitally important. At the second Off-grid Experts Workshop organized by...
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