Latest headlines

Xcel Energy opens tender for 200 MW of projects in Texas

Austin Texas.

Through its Southwestern Public Service Company (SPS), Xcel Energy has opened the tender for projects worth 200 MW of PV capacity in Texas. Projects are to be delivered by Dec 31, 2016.

Hanwha confirms Q.Cells interest

Q.Cells solar photovoltaic module

A spokesperson for Hanwha has officially confirmed the company’s interest in the insolvent Q.Cells. An offer from the Korean company is expected this week.

SolarWorld’s financials take a battering

SolarWorld Freiburg photovoltaic solar module facility Germany

Germany-based SolarWorld AG has seen its 2012 financials suffer significantly, both sequentially and annually. CEO and chairman, Frank Asbeck, who will forego any salary or dividend until profitability returns, could be waiting a...

Hanwha SolarOne talks North American strategies

Hanwha SolarOne solar photovoltaic

At this year’s Intersolar North America, pv magazine caught up with Hanwha SolarOne to discover what its plans for the North American photovoltaic market are.

China: Utility-dominant PV landscape changing

Active PV projects in China by market sub-segment graph

According to the latest research, the Chinese photovoltaics industry is shifting to a more decentralized model, following a "sharp" increase in non-residential building-mount applications, and a rise in non-utility commercial...

MiaSolé seeks backers following layoffs and reorganization

MiaSole solar photovoltaic  installation

U.S.-based copper indium gallium selenide (CIGS) thin film photovoltaic module manufacturer, MiaSolé has announced the scaling-back of its manufacturing operations. Media reports put the jobs losses at around 200.

Third class action lawsuit launched against Suntech

Suntech crystalline solar photovoltaic modules

A third class action lawsuit has been launched against Suntech on the back of the news that German government bonds received in 2010, totaling €560 million, may be fictitious.

Hanwha SolarOne unveils 1 GW North American PV pipeline

Hanwha SolarOne photovoltaic solar facotry

Korea’s Hanwha SolarOne Co. Ltd is continuing with its downstream expansion strategy. Amid rumors the Hanwha Group is gearing up to take over Germany-based Q.Cells, the company has launched Hanwha SolarEnergy America (HSEA) in...

Inventux investors from Chile and Argentina

Inventux HQ, Germany

Recently rescued, Berlin-based Inventux Technologies has presented the plans of its new investors. While the names have still not been unveiled, it has been said the buyers come from the mining industry and infrastructure sector...

More rumors emerge over Hanwha’s Q.Cells takeover

Q.Cells HQ in Germany

New media reports have indicated that Korea-based Hanwha Group is gearing up to take the insolvent Q.Cells over as soon as next month.

South Australia: Rooftop PV reduces electricity demand

South Australia solar photovoltaic rooftop

The uptake of rooftop photovoltaic systems has helped reduce electricity demand in South Australia, according to the Australian Energy Market Operator (AEMO). It is believed the systems have generated 306 GWh of electricity...

US to fast track 1.5 GW of solar projects

President Barack Obama, White House

Under President Obama’s "We can’t wait initiative", the federal permit and review processes are to be accelerated for seven solar and wind projects. Of these, five comprise solar projects worth a total of 1,550 MW.

SunPower sees falling profits; lowers FY guidance

SunPower solar photovoltaic plant

SunPower Corp. has seen profits sequentially falling in the second quarter (Q2) of 2012, despite having exceeded the lower end of its revenue and gross margin guidance. In terms of markets, Europe continues to be challenging, but...

MEMC sees solar revenues rise

Despite the continuing difficult market conditions, MEMC Electronic Materials, Inc. has seen its second quarter (Q2) 2012 financial results improve on the back of stronger solar energy revenues. Despite this, it has declined to...

US injects $43 million into energy storage research

Grid Image

The U.S. Department of Energy (DOE) has made US$43 million worth of funding available to 19 energy storage research projects.

Solar ITCs deliver positive IRRs to US government

SolarCity solar photovoltaic installation.

A new analysis of the U.S. Federal Solar Investment Tax Credit (ITC) claims that both residential and commercial photovoltaic projects supported by the ITC can deliver a nominal 10 percent internal rate of return (IRR) to the...

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