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Desertec pulls out of consortium it founded

Future of visionary project to generate energy from the world’s deserts cast into doubt by founding organization’s withdrawal. Press release announcing decision refers to ‘management crisis and disorientation of the industrial consortium’ that foundation had established.

[UPDATE] Desertec founder explains reasons for Dii split

Industrial consortium’s communications problems exemplified when Desertec members read an online news story stating plans to sell Saharan energy to Europe may be altered. Foundation’s co-founder says visionary group will continue their work to drive renewables development. Dii responds to move.

Solar Frontier restarts full production at Miyazaki plant

Facing increasing demand for thin film CIS modules, Solar Frontier has restarted production at its Miyazaki No. 2 Plant.

Conergy reportedly in talks with Asian investor

Germany’s Conergy AG is reportedly in negotiations with a potential investor from Asia who may be willing to invest up to €50 million for a 30% stake in the company if banks accept a new deal.

Construction starts at Macho Springs

New Mexico’s largest solar project is set to be completed by May 2014. First Solar scheme will sell energy to El Paso Electric under 20-year PPA.

Japan and China hold fate of PV in their hands

Consultant predicts more than 45% of the world’s demand for solar power will come from the twin Asian markets in the rest of 2013. A record 35.1 GW of demand is predicted for the full year figure.

Canadian Solar sells 10 MW plant valued at more than $52 million

Solar Solutions Inc. has sold a 10 MW solar plant valued at more than $52 million to TransCanada Corporation. It’s the first of nine planned facilities Canadian Solar will build and sell for some $445 million.

June stock report: The EC and China try to cut a deal

Solar equities investors are trying to navigate turbulent waters as uncertainty clouds the way to long-term safety and security.

MidAmerican completes $1 billion bond offering for 579 MW California projects

Warren Buffett’s MidAmerican Energy will finance the construction of its 579 MW photovoltaic projects in Southern California with a newly completed $1 billion bond offering.

China Sunergy sees first-quarter revenue increase

China Sunergy saw revenue rise 13.4% in the first quarter of 2013 as it continued to expand operations in emerging markets. The company is aiming for a return to net profit in 2013.

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