Latest headlines
Centrotherm loses order from Algeria
Only two weeks after termination of its insolvency proceedings Centrotherm has lost a large order from Algeria. Thus a project worth millions has escaped the manufacturer of photovoltaic systems and equipment.
Solar stocks: China left for dead; FSLR, SPWR and WFR to rise
China’s Suntech Power Holdings collapsed under the weight of its own inventory in March, leading to weeks of volatility in the solar equities market in New York. German companies have also seen stocks suffer a shaky month....
Dyesol on new investment, grid competitiveness and why silicon’s limitations have been exposed
At the end of February, Dyesol secured A$4 million in funding with potential for a further A$16 million draw-down. The executive chairman speaks to pv magazine about what the investment means for the dye-sensitized photovoltaics...
Philippines: First projects under FIT set to go ahead
The first photovoltaic projects under the Philippines’ long-awaited FIT program are set to be completed in 2014. The AFP are reporting that a government official has confirmed that the first photovoltaic installations will be...
Uganda drops PV FIT program
Without announcement, Uganda has dropped its PV FIT program. Although other forms of renewable energy are still eligible for support, prices for PV power are said to have fallen enough worldwide to merit the removal of tariffs in...
Centrosolar sells solar glass division; suffers devastating 2012 losses
Centrosolar Group AG will sell its solar glass division off, following a year of devastating financial losses. The Germany-based company has also postponed the publication of its annual report and announced the continuation of...
Cost reduction and innovation the key for struggling PV laminator producers
Photovoltaic laminator producers see little sign of any upturn in the months ahead, on the back of a tumultuous 2012. Weak demand and factory closures are characterizing the industry, as are overcapacity and U.S. sanctions on...
Bosch solar exit official; 3,000 jobs at stake
After months of speculation, Bosch has today confirmed it will exit the crystalline solar sector. As of 2014, the German company will cease production of its photovoltaic ingots, wafers and cells. It will also "quickly" sell its...
Wuxi Suntech insolvency official
The Wuxi Municipal Intermediate People's Court in Jiangsu Province, China, has officially accepted the petition for the insolvency and restructuring of Suntech Power Holdings Co., Ltd’s main subsidiary, Wuxi Suntech Power Co.,...
Insolvency petition submitted for Wuxi Suntech
Suntech Power Holdings Co. Ltd has today announced that a petition for insolvency and restructuring was filed against subsidiary Wuxi Suntech Power Holdings Co., Ltd on Monday, March 18. Wuxi Suntech has not objected to the...
Germany: Altmaier still for storage incentives
Germany's Federal Environment Minister is still advocating PV storage incentives from May onwards. However the funding issue remains unresolved. Peter Altmaier also mentioned at the Energy Storage conference in Düsseldorf that he...
Planned German storage incentive criticized
The Energy Storage conference in Düsseldorf, Germany, began with more than 500 visitors. Project examples show the conditions under which storage systems pay off and make sense.
Suntech "technically insolvent"; Wuxi Government to step in
As speculation mounts over whether Suntech Power Holdings Co. Ltd will default on its bond repayments and be forced to file for involuntary bankruptcy today, it seems the Wuxi Government in China is almost certain to bail Suntech...
US hits 7.7 GW of cumulative PV capacity
On the back of another record year for the U.S. PV market, which saw 3.31 GW installed, 2013 forecasts are for 4.3 GW of new capacity. However, while utility-scale projects dominated the PV landscape in 2012, the sector is not...
Will PV tariffs level the playing field between the US and China?
Last year, the U.S. reproached China for being "generous to a fault" to its domestic solar manufacturers, even as the rest of the industry suffered from declining subsidies, rising inventories and internecine cost competition....
Japan: PV demand growing faster than expected; new FIT rates proposed
The Japanese photovoltaic market has significantly changed since the introduction of FITs last July. With domestic demand growing faster than expected, Japan's Government has proposed a FIT reduction of around 10%.
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