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Egypt embraces solar, announces $1 billion investment

The Egyptian government has announced plans to invest significantly in solar power development in order to increase the share of green energy in the country and to spur job creation.

AEG Power Solutions sells Indian facility to Toshiba Mitsubishi

While the Netherlands-based power electronics systems provider is focusing on its core business and markets, the Japanese group is looking to expand its footprint in India.

German court opens Sunways insolvency proceedings

LDK Solar’s Constance-based company has tried but failed to remain afloat for the second time in seven months.

Demand from Japan, Europe buoy REC's first-quarter results

The Norwegian company is expanding production capacity with two new module lines and broadening its product offering as it seeks to strengthen its position in the high-end market segment.

GE invests $24 million in 151 MW PV project in India

The project marks the U.S. group’s first PV investment in India. GE has exceeded $10 billion in renewable energy investment commitments worldwide to become one of the industry’s leading investors.

Russia to invest $4.2 billion in solar sector by 2020

The state-owned tech investment giant Rusnano and Russian conglomerate Renova are key players in the country’s burgioning solar sector.

Tucson Electric Power joins Army to build solar installation

By the end of 2014, the Arizona utility expects to have more than 200 MW of utility-scale solar generating capacity in the state.

UK to become Europe's biggest PV market in 2014

With more than 120 large-scale PV farms approved for construction, the U.K. is fast becoming a hugely attractive market for project developers and component suppliers, says NPD Solarbuzz.

Martifer, Adenium team up for 10 MW PV plant in Jordan

The Portuguese solar company will serve as lead developer on the project, to be built under Round One of Jordan’s National Renewable Energy Plan.

Yingli preps share offering aimed at funding downstream expansion

The Chinese PV group has increased its operations in the booming domstic market and intends to use up to 60% of the proceeds from the offering for downstream expansion.

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