Latest markets & trends headlines

UK: First round of solar job losses announced as FIT cuts bite

Solar rooftop installation.

Solar panel insulation company Mark Group calls in administrators as 939 staff made redundant following decision by SunEdison to offload the subsidiary as it exits U.K. market; company directly blames FIT cuts.

Singulus lowers 2015 forecast despite solar sales uptick

Singulus CEO Dr. Stefan Rinck.

German equipment manufacturer's optical disc segment failing to meet expected demand, forcing an overall revision downwards of revenue for the year despite sales in solar segment expected to double.

1366 chooses New York to build its first commercial-scale wafer facility

After years of delays, 1366 Technologies has announced plans to break ground on the factory to produce its proprietary Direct Wafers no later than the second quarter of 2016.

California Governor Brown signs 50% renewable portfolio standard into law

The mandate of 50% renewables by 2030 is one of the strongest in the nation, and is expected to drive substantial investment into solar.

Solar funding rises in Q3 despite dismal stock prices

Mercom Capital's latest quarterly report shows the volume of VC funding and debt financing rising during Q3, while public market financing fell.

REC to offer bid in Dubai's 800 MW solar park tender

Desert in Dubai

The Oslo-based PV manufacturer company says that REC solar panels are tough and reliable enough to withstand the heat and sandstorms that exist in Dubai.

SunEdison to halt transfer of assets to yieldcos

Citing “market dislocation”, SunEdison has announced short-term changes to its operating plan. This includes a plan to hold more projects in warehouses instead of moving them into the company's two yieldcos.

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