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Update: SunEdison to cut 15% of global workforce

SunEdison has seen its share value slide around 80% this year

Following rumors, SunEdison Inc. has confirmed it will be cutting a significant portion of its global workforce. Around 15% of its 7,300 workers will go. Charges of up to US$40 million will be incurred in Q3 2015 and Q1 2016.

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


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.

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.

China needs 200 GW of solar by 2020, say industry groups

China flag.

Country urged to double solar power goal in order to plug projected nuclear and hydropower shortfalls; currency devaluation could provide boon for solar exports but harm EU.

Chinese market driving growing JA Solar shipments

JA Solar module.

JA Solar has reported growing shipments in Q2 2015 on the back of strong demand from China and growing market share in emerging markets of India and the Americas. The vertically integrated Chinese PV manufacturer shipped 790.8 MW...

Australia announces tame 2030 emissions reduction target of 26%

Tony Abbott at the World Economic Forum.

The goal, based on 2005 levels of carbon emissions, will be taken to the United Nations climate change meeting in Paris in December; climate campaigners call the target 'pathetically low'.

From the Mag: A selection of stories from the August issue

Belectric has already demonstrated that large-scale solar installation based on 1,500 VDC are no longer a pipe dream.

pv magazine's August edition explores the state of Japan's solar policy, examining whether future installation projections might well be accurate; we look at the growing trend of 1,500 V components at utility scale, and...

The pv magazine weekly news digest

The energy battle is on... and solar is no longer the niche newcomer it once was, much to the chagrin of the pro-coal lobby.

Obama's clean power plan angers the coal industry, Indian auction strikes another low solar price, further cost reductions are on the way, and SolarCity's plans for world domination edge closer to reality.

Germany’s second PV tender oversubscribed three-fold

Germany's second tender round was massively oversubscribed

A total of 136 bids totaling 150 MW were received by the Federal network Agency in Germany’s second solar PV tender round. The prices for the generated solar energy are still to be determined.

SolarCity expands into Mexico with $15m purchase of Ilioss

SolarCity installation in progress.

Acquisition marks first time the U.S. solar company has expanded internationally, sees Mexican market as exciting and ideal location for extension of its financing model.

US Clean Power Plan good for utility-scale solar, ignores distributed

Utility-scale solar is likely to benefit from the new rules

The EPA’s highly anticipated Clean Power Plan was unveiled yesterday. Utility-scale solar and wind have been handed a leading role in carbon reduction; distributed solar has not been included, and storage is seen as...

Obama set to announce clean energy vision

President Barack Obama.

Tougher rules on carbon emissions part of President's new Energy Plan, which will include greater incentives for the deployment of renewable energy technologies.

The pv magazine weekly news digest

Donald Trump.

Clinton trumps rivals, SolarCity and PERC are on the up and China is installing more solar than you can shake a stick at, but our dirty smalls could bring an end to life on earth as we know it.

SolarCity enjoys record Q2 as losses narrow and installations rise

SolarCity rooftop installation.

The U.S. solar company hit 189 MW of installations in the second quarter, despite posting losses of $22.4 million, or just 23 cents per share, over that period.

PERC demand spirals upwards

Signs of a PERC solar cell equipment shortage are mounting. Reports are emerging that Chinese and Taiwanese cell makers are waiting many months on key PERC equipment. Motech confirms its PERC move and bottlenecks.

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