Production massively scaled back at Solibro
Reports are coming in that German CIGS producer Solibro, a Hanergy acquisition, has massively decreased production. The 270 employees at Solibros manufacturing plant in eastern Germany are now working shortened hours and reports are that three quarters of its production tools stand idle.
SMA surpasses 1 GW inverter milestone in Japan
The German inverter manufacturer becomes the first non-Japanese supplier to reach this milestone. Local presence in market since 2011 has delivered constant growth drivers.
India: PM Modi calls on states for proactive solar push
Indian Prime Minister sends pro-solar tweet hours after urging the country’s state leaders to ensure solar power projects are implemented as soon as possible; foreign bidders at auction draw criticism.
Scotland looks to the sun as England, Wales turn their backs
Scottish government confirms small-scale solar farms smaller than 5 MW will continue to be eligible for the ROC; Edinburgh launches ambitious community solar scheme.
UK: Solar spending cuts amount to 98% reduction in support, STA calculates
Analysis by the Solar Trade Association finds that the U.K. government’s proposed cuts will see the rate of solar support fall from 70 million pounds a year to just two million.
Oxford PV raises further GBP4.4 million for perovskite commercialization
The UK’s Oxford PV has raised a further GBP4.4 million (US$6.6 million) in a “top-up” Round B, to continue with its work in commercialization perovskite technology. Drawing on both new and existing investors, Oxford has now raised a total of GBP8.2 million (US$12.4 million) in its B round.
Jordan receives $250 million loan from World Bank to boost renewables
The World Bank has approved a $250 million loan facility to support Jordan’s transition to renewable energy and the more efficient use of water resources. The loan is specifically expected boost residential solar PV installations for poor households.
NEXTracker completes 110 MW shipment to SunEdison Chile solar farm
Supply of Self-Powered Trackers to the 110 MW Quilapilun power plant in Chile now complete; SunEdison developing the project, which is set to become the company’s largest in South America.
Indian power giant proposes 4 GW solar goal
Neyveli Lignite Corporation (NLC), which relies on lignite and coal to deliver power to India, has ventured into the world of solar PV; 10 MW array first step towards 4 GW installation goal, chairman says.
Hanergy deputy chairman resigns, founder blames short sellers for stock collapse
The founder of Hanergy Thin Film Li Hejun has blamed short sellers for the dramatic decline of his company’s share price. Li made the remarks at an event marking the anniversary of Hanergy’s founding. The company has also announced today that company deputy chairman Liu Min has resigned.
