pv magazine weekly news digest
Especially for you: Hanwha trumps Chinese big beasts with mooted merger in bid for Christmas number one, its rooftops against communities in the bid for America’s solar soul and Steven Seagal rides to the rescue, kind of.
Hanwha SolarOne to merge with Hanwha Q CELLS
Hanwha SolarOne will pay $1.2bn to acquire Germany’s Hanwha Q CELLS stock as ongoing disputes between China and the U.S. and EU force a strategic rethink.
Utility acquires Element Power US
Capital Power will pay $114 million for US subsidiary’s renewables portfolio. Element Power US has 15 MW North Carolina PV project among its four North American solar schemes.
Advanced energy drives California job creation
Solar employs almost 73,000 workers among the 431,800 working in advanced energy in the state. Rise in AE job numbers far outstrips general state and national employment rises.
Peel-and-stick solar cells
Stanford professor says peel-away solar cells could revolutionize BIPV. Chinese academic is working on scaling up the technology.
US smart grid firm betting on Australia
MicroPlanet emphasized its various attempts to break the Australian market in trading update. According to the figures, no sales were registered in Q3.
The pv magazine weekly digest
Trina rules the world, oil is cheap as chips, Germany retreats from solar and Abengoa switches on 250 MW. It’s all here with all the week’s solar news in one handy article.
UK: subsidy-free solar to soar by 2020, report finds
Relentless cost reductions will allow solar to prosper in the UK without support schemes as early as 2020, finds a report from think-do tank Thema1.
ReneSola's shipments fall, margins increase
Chinese PV manufacturer ReneSola has seen its module and wafer shipments fall in Q3 2014 on both annual (YOY) and quarterly basis. It did, however, manage to increase its gross margin for the quarter to 15.3%.
Trina boosts sales, profit in third quarter
Trina Chairman and CEO Jifan Gao says the company continued to meet or exceed financial and performance targets despite foreign exchange fluctuations and weaker demand in Europe.
