REC closes its facility permanently in Glomfjord, Norway
Renewable Energy Corporation (REC) has decided to permanently close down its 300 MW monocrystalline wafer plant in Glomfjord, Norway.
Solarhybrid files for bankruptcy
German project developer solarhybrid AG has announced that it will begin insolvency proceedings in Germany.
CASE calls on CASM to disclose subsidies
The Coalition for Affordable Solar Energy (CASE) is calling on the seven members of the Coalition for American Solar Manufacturing (CASM) to disclose a complete list of government subsidies they have received over the decade. CASE disclosed that it finds the situation disturbing that such highly-subsidized companies can start a global trade war.
E.ON chief prophesizes end of German PV industry
Without mincing his words, Klaus-Dieter Maubach who sits on the management board for E.ON AG, expressed his prophecy that Germany’s solar manufacturing sector will cease to exist in a few years.
Growing anti-nuclear sentiments in east asia
Ahead of the Nuclear Security Summit which will take place in Seoul, South Korea, anti-nuclear activists from across Asia have gathered in the city center to express their opposition to nuclear.
India and Iran to cooperate on renewable energy projects
Indian and Iranian energy ministers met in Tehran this week and have agreed to strengthen cooperation on renewable energy projects, with a special focus on solar power.
Green islamic fund initiative launched
Shari’ah compliant investment securities, sukuks, are to be made available for renewable energy projects such as photovoltaics. A Green Sukuk Working Group has been established to identify such investment opportunities.
Solar boat race: Fourth edition registers forty
The enrollment period for the fourth solar boat race closed with forty registrations. The race is scheduled to take place in Leeuwarden, The Netherlands on July 8.
Singulus plans to finance larger solar projects
Over the weekend, German company Singulus Technologies announced that it will issue a corporate bond with a volume of up to 60 million. The proceeds of the bond issue will finance larger solar projects.
SolarWorld suffers falling 2011 EBIT
SolarWorld has once again has managed to exceed the 1 bilion revenue mark. Despite this, the company recorded massive EBIT losses in 2011.
