Q-Cells insolvency proceedings expected by July
Photovoltaic manufacturer, Q-Cells SE is currently looking for an investor. The company is weighed down with debt, however.
Korea: STX Solar sets ambitious manufacturing goals; to install 86 MW
Korea-based STX Group is renowned for its ship building and trading activities. However, since 2009, the company has been steadily ramping up its solar cell production, and launched its first module in 2011. In an interview with pv magazine the company talks about its photovoltaic factory plans and large-scale project ambitions.
Canadian Solar and SkyPower form PV project development JV
Photovoltaic module manufacturer, Canadian Solar Inc. and project developer, SkyPower Limited have formed a joint venture (JV) under which they will install up to 200 megawatts (MW) of photovoltaics in Ontario, Canada. They will also develop projects internationally.
Lanco Solar connects 56 MW of PV to Indias grid
Lanco Solar has completed and connected 56 megawatts (MW) worth of photovoltaic projects to the grid in the Indian state of Gujarat.
First Solar reduces German presence; idles lines in Malaysia; 2,000 jobs lost
Thin film photovoltaic giant, First Solar, has today announced it is significantly reducing its operations in Germany, due to the “deteriorating” market conditions in Europe. It is also scaling back its operations in Malaysia. Around 2,000 jobs will be lost.
SunPower reduces manufacturing capacity in Philippines
SunPower has said it will consolidate its photovoltaic cell manufacturing at its Fab 1 in the Philippines, thus reducing capacity by 125 megawatts (MW). The company adds that it is on track to reduce manufacturing costs further.
Plummeting PV equipment revenues expected to recover in 2013
Photovoltaic equipment revenues have hit a 10 quarter (Q) low, according to the latest figures from NPD Solarbuzz. Despite this, the company is optimistic the market will pick up again in 2013, after bottoming-out in Q2 2012. Meyer Burger is expected to be the leading supplier in the first half of the year, and GTAT the overall leader in 2012.
Germany: Head of SolarWorld accuses energy companies of destroying solar
In a no-nonsense interview, Frank Asbeck accuses the energy companies of trying to destroy the solar industry in Germany. He further reiterates his criticisms of Chinese photovoltaic manufacturers.
Solar drives global clean energy spending rise
Global clean energy financing grew to record levels of US$263 billion (200 billion) in 2011, with investment in solar accounting for just under half of the overall spend. The U.S., meanwhile, attracted the highest amount of financing.
Hanwha Solar opens North American R&D center
Korea-based Hanwha Solar has opened a new R&D center in Santa Clara, California. The goal is to develop next generation photovoltaic concepts, with a focus on efficiency and low cost.
