Hemlock claims against Deutsche Solar for alleged breach of contract
U.S. polysilicon manufacturer Hemlock Semiconductor has lodged a claim against Deutsche Solar GmbH, claiming it has breached four long-term commitments to purchase polysilicon from the Michigan-based company.
US leads China in solar exports
Bring it on! The United States doesnt know its own strength when it comes to competition with China, according to a report just released by the Washington, DC-based Pew Research Center. And that holds especially true in the high-profile, ultra-competitive photovoltaic market sector.
Germanys Hawi announces insolvency
Germany-based Hawi Energietechnik AG is insolvent. Around 100 employees have been affected by the news.
Meeco Group unveils 30 MW Japan PV plans
The meeco Group has signed a memorandum of understanding (MOU) with Japans BIJ Corporation and Italy-based finergia advisory & finance. The aim is to install both on- and off-grid photovoltaic projects in Japan and its neighboring markets.
Suntech takes over GSF fund ownership
Suntech Power Holdings Co., Ltd has reached a settlement regarding its fraud dispute with GSF Capital Pte Limited (GSF Capital). A part of the agreement has seen the Chinese photovoltaic manufacturer taking over ownership of the GSF Fund.
Suntech exec chair swap branded "misconceived and unlawful"
Suntechs decision to replace founder and former CEO, Zhengrong Shi, with Susan Wang as executive chair of the Chinese companys board of directors has sparked an internal management struggle. Shi has branded the move both “misconceived and unlawful”. The news comes in the same month as Suntechs US$541 million bond payment.
Mexico: Work on 27 MW PV plant underway
Mexicos energy regulator, Comisión Reguladora de Energía (CRE) has issued a small producer generation permit to Grupotec Energy de Mexico for a 27.56 MWp photovoltaic farm. The generated electricity will be sold to the federal power company, Comisión Federal de Electricidad (CFE).
Italians plan PV parks and production facilities for Brazil
Astra Energia is planning to install at least 50 MW worth of photovoltaic parks in Brazil. Meanwhile, Real Watt Solar aims to invest US$376.5 million in the establishment of two photovoltaic manufacturing facilities.
Welspun achieves financial close on 130 MW Indian PV project
Welspun Energy Ltd has closed financing worth INR 8.85 billion on its 130 MW photovoltaic project, located in Madhya Pradesh, India.
Operations begin on 26 MW Borrego PV plant in California
Commercial operations are now underway on NRG Energy Inc.s 26 MW photovoltaic plant, located northeast of Borrego Springs, in California, the U.S. The generated electricity is being sold to San Diego Gas & Electric (SDG&E ) under a 25 year PPA.
