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SolarCity value miscalculated by $400 million in Tesla merger

SolarCity van and installation. Flickr image by orngejuglr.

A Securities and Exchange Commission (SEC) filing by Tesla on Wednesday revealed that the investment bank that advised SolarCity on its sale to Tesla, Lazard Ltd, double-counted some of the company’s projected indebtedness,...


14. October 2011 | | Comment now

Solar demand remains weak; silicon market set for a fall

polysilicon

According to Jefferies, the silicon market is expected to suffer due to the continuing weak solar conditions. Specifically, it says that polysilicon company Wacker Chemie, which has "become a solar company", has "no choice" but...


US solar industry fights for Section 1603 subsidy extension

Rhone Resch, SEIA

The Solar Energy Industries Association (SEIA) this week urged the U.S. Congress to approve another one-year extension of the Section 1603 Treasury program, citing a newly released study, which found that a longer program would...


Solar cell manufacturer Arise Germany announces insolvency

Arise Germany's solar cells

Arise Technologies Deutschland GmbH (Arise Germany) has entered structured insolvency. Failure to secure adequate financing for the development of its solar plans was cited as the primary reason.


Phoenix Solar halves revenue and earnings outlook

First Solar modules on a Malay building.

In what may be a sign of things to come, photovoltaic system integrator Phoenix Solar has dramatically revised down its revenue and earnings outlook for 2011.


Indian PV market funding, project and installed capacity update

India photovoltaic plant

Mercom Capital Group provides an update on the Indian solar market, including the funding status of current photovoltaic projects, accumulated capacity, and the country's proposed pipeline.


US: SunShot director talks technology, funding and Chinese competition

US residential rooftop solar photovoltaics

In an exclusive interview, Ramamoorthy Ramesh, director of the U.S. Department of Energy’s (DOE’s) SunShot initiative talks to pv magazine about the program, in addition to solar funding in the U.S., future technological...


Ontario Liberal’s victory supports solar

The Ontario flag.

In a victory that can be interpreted as a positive sign for photovoltaics in north-America, Dalton McGuinty’s Liberal party has claimed victory in yesterday’s Ontario elections.


PV Taiwan: Strategies, cost structures and the way forward

A group inspecting solar panels at a convetion.

While this year's PV Taiwan has attracted a predominantly Asian audience, the issues addressed have been very much global in nature.


Solar Decathlon finale becomes a ‘waterShed’ event

A group of students raise their hands in the air and cheer in a triumphant manner, with a flag.

Continual rain only “whetted” the competitive appetite of the 4,000 students from 19 colleges across four continents who participated in the U.S. Department of Energy Solar Decathlon 2011 in Washington, D.C., from September 23...


Work begins on world's largest solar bridge

Construction has begun on the world's largest solar bridge in the UK, according to Network Rail. The new Blackfriars station, which will be built on a bridge over the River Thames, will consist of 4,400 photovoltaic panels.


Bulgaria: Phoenix Solar to build 50 MW plant

Andreas Hanel from Phoenix Solar in a garden near a stone wall.

Germany-based photovoltaic integrator Phoenix Solar has announced that it has the go ahead to begin construction of a 50 megawatt (MW) photovoltaic plant in Bulgaria.


Taiwan: PV technology war is afoot

Speaking after PV Taiwan's pre-show press conference, Sam Hong, Taiwan Photovoltaic Industry Association chairman and Neo Solar's president and COO told pv magazine that a photovoltaic technology war is starting. And, while the...


US: Solar-enhanced oil recovery

Solar energy's viability to more efficiently produce oil is being tested by Chevron Technology Ventures. BrightSource Energy is the technology provider and the company in charge of engineering, procurement and construction.


03. October 2011 | | Comment now

Thin film solar market to grow 1,500 percent by 2017

Thin film solar photovoltaic panels

Thin film solar technology is confirming its place as a booming market, with new figures suggesting that it will grow to make $44 billion worldwide by 2017.


It’s all about the PV quality

Solarpraxis workshop 'Quality for Photovoltaics: the key driver for sustainable growth crowd shot

A packed room, interactive sessions and presentations that gave food for thought. The Solarpraxis workshop 'Quality for Photovoltaics: the key driver for sustainable growth' came to a successful conclusion yesterday. Bankability,...


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