CEO of rump Suntech business resigns
Weiping Zhou has stepped down as interim CEO, CFO, director and president of Suntech Power Holdings. A brief statement to the SEC said the move with immediate effect was for ‘personal reasons.’
Commercial electric vehicles hit landmark
The first two vehicles leased by Slovakian company GreenWay have travelled further in six months than any other, the company claims. The distance travelled makes them cheaper to run than conventional vans, says Greenway.
More grim news for aleo solar
The former Bosch subsidiary is expecting a $95 million loss for 2013. Revenues at the module manufacturing business fell 55.5% on 2012.
Jinko acquires Topoint production lines
Jinko Solar will expand its production capacity with the addition of the bankrupt Topoint group’s production lines. Jinko will start operations, under lease, on Monday.
Polysilicon stabilization will be short-lived
Researcher says the new poilysilicon production capacity expected this year will see a return to oversupply conditions. Polysilicon will fall back to $16/kg by the end of the year, according to new report.
Hanwha SolarOne signs 50 MW US deal
The global module supplier has reached a memorandum of understanding with OneRoof Energy of the U.S. to supply 50 MW of modules for its rooftop projects.
China WindPower to receive $942 million PV development loan
The China Development Bank will loan the country’s largest renewable energy company the funds to develop 800 MW of solar projects.
Turkey eyeing one-third renewable energy target for 2023
The country’s Energy Market Regulatory Authority predicts solar PV capacity to reach 3 GW by 2023.
US solar stocks rising at dawn of 2014
Industry analysts expect the positive momentum seen in the solar sector throughout 2013 to continue in the new year. The U.S. Congress’ tax reform could have long-term implications for U.S. investors and industry players, however.
Is solar in Spain losing its shine?
Provisional 2013 Spanish figures show that while renewables continue to dominate, further growth for the solar sector is in doubt.
