The Renewable Energy Corporation (REC) has received 1.3 million from Singapores Clean Energy Research program (CERP). Overall, the program awarded 6.9 million to five solar energy research teams.
U.S.-based copper indium gallium selenide (CIGS) thin film photovoltaic module manufacturer, MiaSolé has announced the scaling-back of its manufacturing operations. Media reports put the jobs losses at around 200.
At this years Intersolar North America, pv magazine caught up with Hanwha SolarOne to discover what its plans for the North American photovoltaic market are.
New media reports have indicated that Korea-based Hanwha Group is gearing up to take the insolvent Q.Cells over as soon as next month.
Recently rescued, Berlin-based Inventux Technologies has presented the plans of its new investors. While the names have still not been unveiled, it has been said the buyers come from the mining industry and infrastructure sector in Argentina and Chile.
Ninety seven MW worth of photovoltaics were installed in Greece in June, thus setting a new monthly record for 2012. To date, the country has installed 724 MW.
With its high solar radiation and growing demand for energy, North Africa is set to become a big future solar market. pv magazine spoke with expert Badr Ikken, director and co-founder of Moroccan-based National Institute IRESEN about the current situation in the region, and its potential.
Following the news that Suntech may have backed fictitious bonds, two class action lawsuits have been launched in the U.S. Meanwhile, media reports claim warnings were sent to the China Development Bank (CDB) urging it not to invest in southern Italy, due to the risk of fraud there. With an estimated debt of US$2.3 billion, there are fears Suntech will reach “breaking point” in 2013.
The South Pacific territory of Tokelau is set to become the first territory to have its electricity provided entirely by photovoltaics. The archipelago is a dependent territory of New Zealand.
According to the liquidator, the financial position of Sovello is far worse than feared. The former CEO, Reiner Beutel has resigned from his post. Despite this, operations will continue for the time being.
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