Bosch solar exit official; 3,000 jobs at stake
After months of speculation, Bosch has today confirmed it will exit the crystalline solar sector. As of 2014, the German company will cease production of its photovoltaic ingots, wafers and cells. It will also “quickly” sell its solar business units, including its majority stake in aleo. Decreasing prices has been blamed for the decision. Up to 3,000 employees will be affected, tells pv magazine.
Taiwan's NanoWin Technology plans CIGS factory in Kazakhstan
Nanowin Technology Co. Ltd is reportedly planning to build a CIGS manufacturing plant in the Zhambyl region, located in southern Kazakhstan. A 5 MW photovoltaic plant is also expected to be built this year.
20 MW PV plant commissioned in Rajasthan, India
Jakson Power Solutions has commissioned a 20 MW photovoltaic plant in Indias Rajasthan. The Indian company intends to install a further 80 MW over the next three years.
Germany: Slump in PV equipment sales
German PV equipment, machinery and component manufacturers had to make do with a decline of 50% in turnover in 2012 compared to the previous year. The German Engineering Foundation, VDMA, reported this downturn.
Buffett denies Suntech purchase rumors
Veteran American investor Warren Buffett has never had an interest in buying Suntech, according to an interview the ‘Sage of Omaha’ gave to China Business News, and which was carried by news agency Bloomberg. On Friday, the Chinese companys share price fell 7.4% to US$0.61; so far the decline for the year has been 60%.
Domino effect: Asola Automotive Solar also insolvent
Just shortly after Asola Solar Power filed for insolvency in April, now sister company Asola Automotive Solar Deutschland has also submitted an application for the opening of insolvency proceedings. Nevertheless, good future prospects are still expected.
Qatari investor expected to save SolarWorld
It has been largely agreed that Qatar Solar Technologies will step in to save SolarWorld AG, according to reports. The details are expected to be published at the German photovoltaic companys EGM.
$7m for clean energy on US tribal lands
The U.S. Department of Energy is making up to US$7 million available for clean energy projects on tribal land.
SunPower shines a ray of light with Q1 figures
With the help of veteran investor Warren Buffett’s decision to buy the 579 MW Antelope Valley Solar Projects, California-based SunPower has announced that rarest of things in the solar industry a positive quarterly update.
Largest Californian solar facility up and running
NRG Energy will cut the ribbon today on its 66 MW Alpine Solar Generating Facility, California’s largest fully operational solar generating plant.
