Energy Trend: PV manufacturers shifting focus to China
Leading PV manufacturers are increasingly heading to eastern markets, particularly China, according to Taiwan-based research group TrendForce.
Italian court orders additional siezures of Suntech solar farms
As part of an ongoing investigation by Italian authorities into the operation of Suntech-owned Global Solar Fund, the court also ordered the confiscation of feed-in-tariffs received by GFE investees companies.
US solar power costs fall 60% in just 18 months
The cost of solar power in the U.S. is now 60% cheaper than it was in early 2011, according to a joint report by the U.S. Solar Energy Industries Association (SEIA) and GTM Research.
SolarWorld's Asbeck rekindles interest in Bosch
Right after introducing measures to save his own photovoltaic company, SolarWorld CEO Frank Asbeck is drawing up plans again, this time for Bosch Solar. A German newspaper report confirms Asbeck’s interest in parts of Bosch Solar.
China imposes new solar industry guidelines
The Chinese government has issued new regulations requiring domestic PV manufacturers to not only invest in the expansion of production capacities, but also in research and development and quality control.
PV book-to-bill ratio to remain at sub-parity levels for Q3
NPD Solarbuzz forecast a tenth consecutive quarter where net bookings for PV equipment lag behind recognized sale revenues.
Energy Capital developing 300 MW plant in Utah
The U.S. state of Utah has lagged behind other western states in installed solar capacity, but that is slowly changing. Energy Capital Group has unveiled plans for a 300 MW PV plant in the state.
EIB to support Indian renewable energy projects with EUR 80 million loan
The European Investment Bank (EIB), supported by Italian export credit agency SACE S.p.A, signs EUR 40 million loan as first instalment to SREI Infrastructure Finance Limited (SREI) to finance renewable energy projects in India.
Xevel to invest $85 million in Russian solar projects
In a major public-private partnership in Russia’s solar sector, state-owned Rusnano and private business group Renova’s joint company Xevel is to invest nearly $85 million into construction of solar power plants in Russia.
Sol Voltaics receives $9.4 million funding for nanotech development
The Sweden-based startup convinces Norwegian investors Umoe and others to invest close to $10 million to help the company develop the nanotechnology that can create 25% more efficient solar cells.
