Latest headlines

LG plans to expand production in South Korea

LG Electronics has decided to expand its production capacity at its production site in Gumi, South Korea. The reason has been stated as the strong global demand for its Cello-technology integrated modules.


Germany: 14 MW solar park acquired by Capital Stage

Hamburg-based Capital Stage has acquired GP Joule's 14 MW solar park in Saxony-Anhalt, Germany for €17 million (US$18.83 million). The park comprises two PV plants: one that has been feeding into the grid since 2012; and one...


Solar stock prices slide on investor fears

Prices of solar stocks continued to slide downward this week, as they have for months. Analysts attribute recent declines to a mistaken belief in a direct relationship between oil prices and solar market fundamentals.


EU doubles duty levels on solar glass from China

The European Commission has sharply raised duties on imports of solar glass from China, ruling that producers had absorbed previous anti-dumping and CVD penalties into their prices.


The pv magazine weekly news digest

Charlemagne

Aachen and Kostanz once again take a pivotal role in world history, the Chinese make David Cameron's job that bit easier and Hawaii and Scotland feature in the same story - you'll only find that in pv magazine.


SolarWorld bets big on U.S.

SolarWorld CEO Frank Asbeck.

CEO Frank Asbeck's restructuring seems to have succeeded but his company is heavily dependent on the U.S. market. $676m lawsuit could still bite resurgent German PERC manufacturer.


Euro-dollar woes hit Etrion

Swiss developer Etrion is pinning its hopes on Japan, rather than Chile over the coming year.

Weakness of the euro has hit Swiss developer's bottom line. Etrion is looking to Japan, rather than Chile to turn around net losses.


Egypt launches 200 MW solar PV tender

River Nile, Egypt.

Announcement forms part of a 500 MW renewable energy push by the Egyptian Electricity Transmission Company (EETC), with 250 MW of wind and 50 MW of CSP also confirmed.


REC Group becomes third-largest PV supplier to US residential market

REC Group has risen rapidly in the U.S. residential sector, growing its market share five-fold in one year. It expects to grow this share further in 2015. The company has benefited from both technology innovation and political...


SolarCity completes its fourth securitization

SolarCity has closed on the sale of $123 million in bonds backed by a portfolio of its solar assets. This is the company's fourth successful securitization, and it remains the only company to complete one.


New Jersey expands limit on net metered solar while Nevada keeps cap

Wednesday saw decisions on the solar policy in at least two U.S. states, with New Jersey's governor signing a bill significantly expanding its official cap and Nevada regulators declining a request to do so without a legislative...


SMA cost cuts take effect in solid H1 financial results

SMA CEO Pierre-Pascal Urbon.

First half sales increase year-on-year by 26% to reach EUR 429.3 million as operating losses narrow over the second quarter, company transformation progressing as planned.


US: Installed prices continue rapid descent

For the fifth consecutive year, distributed PV system prices fell in the U.S. This time round, solar "soft" costs have contributed largely to the price reductions. Due to variability in factors, there is also no single price that...


LG plans to develop next-generation EV batteries

3M and South Korean LG Chem have signed a patent deal for the continued development of NCM (nickel, cobalt, manganese) lithium-ion batteries. LG Chem hopes to develop improved electric car batteries with the acquired patent...


Construction of world's first modular large-scale storage system begins

SMA engineers.

E.ON and SMA to lead on 5 MW modular battery system, funded by the German Federal Ministry for Economic Affairs and located at Aachen University in Germany.


Hanwha Q Cells announces 78.6 MW solar deals in India, Philippines

Philippines skyline.

Korean solar firm will create joint venture with India's Azure Power for creation of 50 MW solar plant in Andhra Pradesh, also announces involvement on 28.6 MW PV project in the Philippines.


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