Total control: billion-dollar buyout of Saft completed
The French giant has finalized the acquisition of the battery producer in a deal thought to be worth $1.1 billion, via the completion of a successful share tender.
Kaco New Energy restructures Germany site, eyes global opportunities
The German inverter supplier to cut 80 jobs at its Neckarsulm HQ as part of restructuring process, some roles to be transferred to the firms U.S. and South Korean operations.
British fossil fuel energy veterans invest in storage startup Moixa Technology
Three former bosses of large U.K. energy firms confirmed as private backers of new London-based battery technology provider Moixa Technology.
China's Hubei Province added 800 MW of new PV in first six months of 2016
State Electricity Supervision Bureau of North China claims, as of June 30, 2016, grid-connected PV capacity in Hubei Province exceeded 1 GW, reaching a total of 1.28 GW. Newly added installations during the first half of 2016 were close to 800MW.
India will meet climate goals ahead of schedule, says outgoing energy minister
Prakash Javadekar, who is to soon vacate his post as India’s climate minister, has told a Delhi conference that India could meet its renewables and carbon reduction goals earlier than planned.
The pv magazine weekly news digest
The SolarWorld-Hemlock case dominated the news this week, but Intersolar North America, EU investigation into alleged Chinese malpractice and Indias soaring PV ambitions also turned heads.
California ISO hits new solar record
The Californian Independent Solar Operator Corporation unveils data showing the state hit a new record of 8,030 MW of solar generation this week.
SolarWorld ready to appeal Hemlock case
The German PV group says it is optimistic that Hemlock will not succeed in actually enforcing any claims against it in Germany, arguing that the disputed silicon supply contract at the center of the legal dispute violates EU antitrust law.
Sungrow announces $170m storage partnership with Samsung
The Chinese inverter specialist officially launches the Sungrow-Samsung SDI Energy Storage Power Supply Co., Ltd joint venture in China.
Trina Solar pushes industrial-scale multi PERC efficiency to 20.16%
The Chinese solar firm achieves new record efficiency for its industrially produced multicrystalline silicon PERC cells, and also ups efficiency of its P-type double print cells to 18.7%.
