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MVV Energie acquires 50.1% of Germany's Juwi

Juwi headquarters PV rooftop

The regional German utility says the Juwi acquisition will result in a partnership to expand renewable energy. The deal remains conditional on the successful implementation of Juwi's restructuring.


LDK Solar terminates wafer supply contract for $33.4 million

LDK branding

LDK Solar has agreed to terminate a long-term solar wafer supply contract with Japan-based Sumitomo Corporation. As a result, Sumitomo will pay LDK US$33.4 million.


Algeria plans over 3 GW of solar

General solar photovoltaic panel picture

Algerian state-owned company Sonelgaz intends to deploy more than four GW of renewable energy in Algeria within the next decade, most of which will comprise solar power.


EU permits expanded range of duty-free Chinese imports; comments on Chinese polysilicon investigation

European Union flags

With the fallout from the ongoing EU anti-dumping investigation into Chinese photovoltaic products continuing with yesterday’s Chinese criticism of FIT subsidies in European member states, the union has muddied the waters further...


Moncada plans 189 MW South African PV project

Solar photovoltaic thin film palnt Bulgaria

Italian renewables company Moncada Group has won the second tender issued by the South African Department of Energy to build a 189 MW, €240 million photovoltaic plant in De Aar, near Cape Town.


SiC Processing to unveil redevelopment plan

SiC Processing HQ building Germany

SiC Processing GmbH has announced it will develop a restructuring plan to ensure the company’s liquidity in the coming weeks. Meanwhile, it has agreed with its major creditors to defer upcoming payments.


New Jersey and Pennsylvania should bank on solar – new report

A solar photovoltaic rooftop array in New Jersey.

A report commissioned by trade associations representing more than 100 solar companies in New Jersey and Pennsylvania has, perhaps not surprisingly, extolled the benefits of photovoltaics over conventional electricity generation.


PV contribution reaches 6% in Germany

Germany 31.5 MW solar photovoltaic Park

The share of solar power in Germany’s energy mix has risen 50% on the back of increased photovoltaic installation activity and a high number of sunshine hours. Overall, the contribution of renewable energy in the country grew in...


PV on the campaign trail Down Under

A sunrise in Australia.

New residential solar market research in Australia was released yesterday, challenging the oft-repeated claim that photovoltaic support programs like FITs are "middle class welfare," and are taken up by middle or upper income...


China: LDK partners with coal producer; appoints new CEO

LDK Solar branding China

China-based LDK Solar has, according to reports, entered into a partnership with state-owned coal producer China Pingmei Shenma Group under which it will develop photovoltaic projects in China’s Henan province. The company has...


Solar exit costs Siemens €250 million

Siemens branding HQ Munich Germany

Siemens' exit from the photovoltaics and solar thermal industry is expected to cost the electronics giant €250 million this year. Since 2009, the Munich-based company has invested around €800 million in its solar business.


SunPower’s Q3 loss exceeds expectations

SunPower

California based vertically integrated photovoltaic manufacturer SunPower has posted a GAAP net loss for the third quarter (Q3) 2012 of US$48.5 million. Sales fell eight percent, to $649 million, from $651 million in the second...


Interview: "The future of PV has just begun"

A CEO from China, talking with animated hands.

JA Solar’s CEO, Peng Fang supports the goal of 300 GW/a globally by 2025. pv magazine talked to Fang in Singapore about his views on the bright future for photovoltaics.


US: 13.2% annual solar jobs growth

A large scale PV park in the US.

Figures released today by the Solar Foundation show that while job growth remains slow in much of the U.S. economy, the solar industry continues to shine – with 13.2% annual growth in the last year. The figures were measured in a...


Croatia ups PV quota

Croatia 5.1 MW solar photovoltaic Kamenica farm

The Croatian government has voted to increase the existing quota for photovoltaic capacity eligible for feed-in tariffs (FITs) from 15 MW to 45 MW in 2013. Overall, it expects to meet its 2020 quota of 45 MW of installed capacity...


First Solar reduces 2012 net sales guidance; ups EPS forecast

First Solar thin film photovoltaic

First Solar Inc. has reported its Q3 financial results. By all accounts, the thin film photovoltaic manufacturer recorded a positive quarter, leading it to up its FY EPS guidance. Net sales guidance has been slightly lowered,...


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