US Energy Department: US$22.7 million for 23 solar tech projects
The new government program is aimed at supporting projects with the potential to significantly reduce the costs for solar energy systems while also boosting U.S. competitiveness and strengthening the country’s clean energy manufacturing sector.
Tesla still in talks for German battery fab
Electric car production is likely to accelerate in the wake of the VW emissions scandal, according to Audi’s top U.S. exec. While Daimler appears content to use Asian-made batteries, there are increasing calls for German automakers to work together to develop the next generation of batteries in Europe.
Elite Solar: More than US$7 million in new solar contracts
With more than a dozen projects currently under development and several more about to begin, the California solar company is expecting revenues this year to soar 140%.
IBC Solar expanding operations globally
The Bavaria-based PV systems group has repositioned itself. In addition to the German market, IBC Solar is strengthening its activities in sales and project business in Latin America and other countries.
Amtech records flat Q4, reports increasing quoting activity
U.S. production equipment Amtech has reported relatively flat revenues in Q4 fiscal 2015, however increased quoting activity and Y/Y sales increases point to a rebounding PV equipment market.
The pv magazine weekly news digest
India dominated much of the news this week, with an eye-opening report that solar power in the country will cost less than coal by the end of the decade. Prime Minister Narendra Modi also made solar a major topic at last week’s G20 meeting in Turkey. Brazil, meanwhile, approved 1.5 GW of new solar and wind power.
Growing solar sales insufficient to stem cash burn at Singulus
German production equipment supplier Singulus is pursuing a debt-equity swap to tide the company over a difficult period in which its liquidity has been diminished due to weak sales to the optical disk industry. This is despite growth in its solar equipment booking and shipments.
Chinas GD Solar retires 640 MW manufacturing capacity
Guodian subsidiary, GD Solar will retire 640 MW of crystalline and thin film solar PV capacity due to low utilization rates, high production costs and market expansion difficulties.
Tata Steel plans 22 MW rooftop solar project in the Netherlands
Tata Steel has unveiled ambitious plans to install a 22 MW solar PV rooftop system atop factory roofs in the Netherlands. When complete in 2018, it will be one of the biggest projects of its kind.
Astronergy to continue serving EU markets despite Chints censure
Chint Solar subsidiary Astronergy will continue supplying the EU market despite its parent company exiting the EU minimum import price (MIP), after the EU Commission found it to be in breach of the undertaking.
