Latest headlines
First Solar records profitable Q1 results
The sun was shining for First Solar during the first quarter of this year. Yesterday it announced their financial results for Q1 2013. The Arizona-based firm has posted a net income of US$ 59.1 million, compared to a loss of US$...
Italian investment gives Suntech a $60 million headache
Chinese photovoltaic module giant Suntech has dropped something of a bombshell in its preliminary Q3 figures, out last Friday, with the revelation that its Italian troubles will force it to reissue its consolidated financial...
India: Tamil Nadu opens tenders
The Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) released tender documents this week. While a 1 MW minimum capacity has been set for projects, no upper limit has been identified.
Update: Photon investigated for "delayed filing of insolvency"
Evidence is mounting that Photon Europe is insolvent. The department of public prosecutions in Germany's Aachen, where Photon is based, has instigated preliminary proceedings against Photon Europe’s head for "delayed filing of...
India: Financing challenges make renewables expensive
The Climate Policy Initiative (CPI) and the Centre for Emerging Markets Solutions (CEMS) at the Indian School of Business (ISB) have released findings from two studies that show high interest rates and relatively short term loans...
Energy supply transformation needed
A lot that needs to be done to enable the transition towards larger shares of renewables in the power mix. The 5th International Conference on Integration of Renewable Energy and Distributed Energy Resources, which opened today...
Germany: More than 600 MW of PV installed in October
The German Federal Network Agency has released official installation numbers for October. There are barely any photovoltaic parks with more than 10 MW capacity installed.
Germany: EU Commission assesses EEG
The EU Commission is assessing the renewable energy policy or EEG in Germany. EU Commissioner Joaquín Almunia sees the EEG with a critical eye.
Updated: India officially initiates anti-dumping investigations
India’s Ministry of Commerce has officially launched anti-dumping investigations into imported solar cells from China, Taiwan, Malaysia and the U.S. The investigations will decide if retroactive duties should be imposed.
US: Installed price of PV systems continue to fall
The latest edition of Tracking the Sun, an annual PV cost-tracking report by the Lawrence Berkeley National Laboratory (Berkeley Lab) states that PV power system installed prices fell "substantially" in 2011 and through the first...
Emerging markets to grow to 12 GW p.a. by 2017
IHS has plotted the shift away from established markets towards emerging markets in its latest photovoltaic market report. It has forecast cumulative demand of around 30 GW to be delivered by the emerging markets over the next...
Every fifth German is willing to invest in solar
According to a study undertaken by TNS Emnid, a German media and social research institute, every 5th German is ready to invest in solar power. The study was done under commission of LG Electronics.
Trade war dominates CEO Panel
The argument for and against the duties on Chinese PV products dominated the CEO panel that took place at the 13th Forum Solarpraxis.
Germany’s Energy Minister opens 13 Forum Solarpraxis
Germany’s federal Energy Minister, Peter Altmaier has opened the 13th Forum Solarpraxis. In his speech, he linked his political fate with the success of the energy transition. In the coming week, Germany’s first EEG dialogue on...
Meyer Burger to cut workforce further
Meyer Burger Technology Ltd has announced it will cut around 250 jobs across the group. The Swiss company has already reduced its workforce by around 500 this year. The challenging photovoltaic market conditions have been cited...
Interview: GE Power Conversion on PV inverters, competition and storage
Last September, GE Energy invested US$3.2 billion in acquiring Converteam. In an interview with pv magazine, Stefan Franko, business leader for renewables at GE’s Power Conversion business, talks about photovoltaic inverter...
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