EU fossil fuel reserves dwindling, according to report
Disputed U.K. university report claims to illustrate just how dependent on Russia EU member states are. Anglia Ruskin research says France has less than a year’s domestic reserves of oil, coal and gas left.
Sunways prepares for liquidation
Proceedings have started to de-list the company’s stock from its main Frankfurt exchange. The company also announced its chairman of the management board has resigned.
US congressman says natural gas is the solution to EU-Russia energy crisis
Representative Fred Upton says the U.S. must export more liquified natural gas to help countries avoid an over-dependence on Russian gas. Upton described the U.S. as ‘the world’s emerging energy superpower.’
Indian election could see clean energy revolution
Wind power bosses expect great things if Narendra Modi becomes prime minister. As chief minister of Gujarat, Modi pioneered the introduction of the country’s first incentives for large-scale renewables.
Canadian Solar breaks ground on 60 MW cell fab in China
The Chinese manufacturer started work on a new solar cell factory in Jiangsu Province, China, on Saturday. The project is an 80-20 joint venture with wafer maker GCL-Poly as a minority partner.
Utilities invest in robotic tracker systems
E.ON and Iberdrola joined a $12 million funding round for Californian tracker company QBotix this week. The German multinational revealed it has invested after testing out the robotic trackers for ‘over a year.’
GCL-Poly takes control of circuit board maker
Monday’s online news concerned GCL-Poly’s controlling stake in Same Time Holdings. The move was cleared by the Hong Kong Stock Exchange and saw the resulting company rebranded.
'Quiet' times for Singulus
Solar production line equipment maker Singulus has reported an $8 million fall in sales compared to the same, first-quarter, period of last year. The German manufacturer says a first order from China offers reasons to be cheerful.
Deadline passes for anti dumping responses
There was no comment from India’s Ministry of Commerce today as a reported deadline for responses to its anti dumping finding passed. The Ministry has until Thursday to decide whether to call for anti dumping subsidies.
Aleo solar's sale is complete
The former Bosch subsidiary says 180 jobs have been saved and more may follow from its Prenzlau operation. Aleo has handed over the first $9.6 million of a $13.7 million sweetener to new owners SCP Solar.
