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Singulus bondholders approve restructuring

Singulus CEO portrait

Singulus bondholders have approved the company's debt-equity swap, which will provide the liquidity required to stay in business in 2016. The German equipment supplier announced today that the required bondholder quorum of 33%...

Sulfurcell aims for 14 percent thin film efficiency

Close up of Sulfurcell's CIGSe thin film modules

Sulfurcell is hoping to achieve 14 percent efficiency for its thin film photovoltaics modules after securing €18.8 million in equity funding.

30 MW Cimarron solar facility begins commercial operations

New Mexico road sign

A 30 megawatt (MW) photovoltaics (PV) facility, constructed by First Solar, has begun commercial operations in New Mexico, the U.S.

Sun Materials to build 5 silicon plants following acquisition

Polysilicon crystalline

Hong Kong-based Mascotte Holdings Limited is to acquire a 50.1 percent stake of Taiwanese polycrystalline silicon manufacturer Sun Materials for USD$150 million (around HK$1.17 billion).

PV inverter market to reach US$8.5 billion in 2014

The PV inverter market is set to grow. Image: Power One

According to IMS Research, the global PV inverter market is expected grow at compound annual rates of nearly 25 percent. IMS also adds that seven million inverters are expected to be sold in 2014 compared to less than one million...

Ontario ranks high for PV

Ontario ranks at number two in North America. Image: BBDO North America

Ontario has moved ahead of New Jersey to take second place in North American solar photovoltaic (PV) rankings for 2010. The first place is still held by California, but the current rate of growth in Ontario could rival the sunny...

Greece grants license for CSP tower

Crete will be the site of the apparently largest CSP plant in Europe. Image: Wikipedia/Lapplaender

A 38 megawatts solar electricity license has been granted by the Greek regulatory agency to Nur-MOH SA for the construction of the reportedly largest concentrated solar power tower installation in Europe on the island of Crete.

German PV funding compromise

The adjustments presented by Norbert Röttgen are to be sent to parliament for deliberation.

Branch representatives and members of the German government have come to an agreement on the adjustment of solar incentives. The EuPD Research sees this as a step to an earlier than planned reduction.

Innotech buys a third of REC solar facility

Innotech Solar has purchased a third of the shares of REC's Glava solar module production facility.

Innotech has bought approximately a third of the shares of the Renewable Energy Corporation's (REC) solar module manufacturing at Glava, Sweden. The facility has a capacity of 150 megawatts per year.

Decision about German solar promotion this week

The decision about solar promotion in Germany will be decided by this week. Image: Flickr/Peter XIII

A proposal for the brought forward cuts of the photovoltaic feed-in tariffs in Germany is to be presented by the end of the week. The plans will be officially presented by the Minister of Environment tomorrow before noon. That...

Production line in West Africa

SPEC is developing the first solar panel factory in West Africa. Image: Wikipedia/Ji-Elle

3S Modultec is selling an integrated solar panel production line to West Africa. Senegalese solar company SPEC is developing the first solar panel factory in West Africa with support from 3S Modultec.

Environmental permitting approved on 230 MW solar ranch

Antelope Velley, California

First Solar’s 230 megawatt (MW) AV Solar Ranch One project has received final and non-appealable environmental permitting. Construction is scheduled to begin this year, with project completion expected by the end of 2013.

BIPV to compensate for PV panel commoditization

Suntech HQ in Wuxi, China with worl's largest PV facade

A new report states that the photovoltaics (PV) industry is at a crossroads, with a growing realization that PV panels are becoming commoditized. But, it believes building integrated photovoltaics (BIPV) could provide a strategic...

France releases PV initiative aimed at fighting Chinese competition

French flag flying before a building

The French Government is looking to motivate its national photovoltaics (PV) industry through the introduction of a new R&D program, which is aimed at reducing China’s grip on the global PV market.

Silfab's hopes of reaching 22 percent cell efficiency

Franco Traverso

Silfab’s president and CEO tells pv magazine about the Italian company’s plans to hit 22 percent efficiency for its monocrystalline solar cells. He also outlines its competitive strategy for the coming year.

SoloPower to build 300 MW thin film facility

SoloPower HQ in US

SoloPower, Inc. is to establish a 300 (MW) thin film solar panel manufacturing facility in Wilsonville, Oregon, the U.S. Around 500 new jobs are expected to be created.

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