Germanys cabinet approves FIT plan
A week after the countrys new feed-in tariff (FITs) scheme was unveiled, Germanys Cabinet has today approved the proposal, meaning it will now be sent to the Parliament for consideration.
France: EdF takes Photowatt over
Following on from the announcement at the start of February that French electricity giant, Electricité de France (EdF) was looking to acquire Photowatt, media have reported that an offer has now been accepted.
Q-Cells' creditors agree to defer bond payments
Germany-based Q-Cells has been able to defer its convertible bonds originally due today until the end of April. The photovoltaic company adds that it will carry on with its financial restructuring plan.
Employees let go as Solar Millennium insolvency proceedings begin
Insolvency proceedings for Solar Millennium AG were officially initiated yesterday, February 27. While the insolvency administrator is confident investors can still be found, the remaining employees have received notice of termination.
LG Solar also denies scaling back solar operations
Following media reports that some of Koreas biggest solar players are looking to exit the arena, LG Solar has stepped forward to set the record straight.
Singulus plans to finance larger solar projects
Over the weekend, German company Singulus Technologies announced that it will issue a corporate bond with a volume of up to 60 million. The proceeds of the bond issue will finance larger solar projects.
4 of top 5 PV module manufacturers are China-based
According to IMS Researchs latest quarterly report, four of the top five photovoltaic module manufacturers are based in China, thus underlining the countrys increasing dominance on the global solar scene.
SMA opens Japanese sales subsidiary
SMA Solar Technology AG has officially opened its new photovoltaic sales and service subsidiary in Japans Tokyo. While the small system market will be focused on initially, the German manufacturer will offer inverters to larger projects in the future.
Greece: More details emerge for 10 GW Project Helios
During a conference held in Brussels last week, George Papaconstantinou, Minister of Environment, Energy and Climate Change of the Hellenic Republic, unveiled Greeces plans for the massive 10 gigawatt (GW) photovoltaic project.
BIPV glass markets to rise rapidly
A new report looking at the building integrated photovoltaic (BIPV) glass market predicts that its market value will rise by at least 400 percent over the next five years. It also highlights the firms to watch and explains why Suntech could transform the market.
