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Hanergy dumped from MSCI index

Index compiler MSCI to remove troubled Hong Kong-based solar firm Hanergy from its index as of September 1 following 50 business days of trading inactivity.

Bosch acquires Silicon Valley battery startup Seeo

German auto parts giant Bosch has acquired Silicon Valley battery startup Seeo. Seeo has been attempting to move from lithium iron phosphate (LFP) cathodes towards nickel cobalt aluminium (NCA) to keep ahead of competition.

LG plans to expand production in South Korea

LG Electronics has decided to expand its production capacity at its production site in Gumi, South Korea. The reason has been stated as the strong global demand for its Cello-technology integrated modules.

Molten salt storage system wins Eureka prize

A team of researchers at the University of South Australia have won the 2015 ANSTO Eureka prize for their molten salt energy storage system. Though the idea of molten salt storage is not new, the team has come up with a different innovative process for energy storage.

UK's Solar Trade Association labels FIT cuts 'self-defeating'

Proposals to slash U.K.’s feed-in tariff by up to 87% draw scorn from the industry, which argues that ideology, rather than sound economic reasoning, is the driving force behind the cuts.

E.ON: The PV business is and will remain profitable

Interview: The energy utility E.ON plans to expand its PV business in Germany. From September, E.ON will offer a PV plant check service for operators of the more than 1.5 million PV plants. Moreover, the development of new PV plants still brings benefits for private households and small commercial operations, says Franco Gola, Head of Energy Solutions PV at E.ON Germany.

The pv magazine weekly news digest

The U.S. and U.K. continue to go their separate ways on renewables, encouraging data from Germany warms the solar cockles, and a new solar mapping tool raises the roof across the U.S.

Honduras: 232 MW of PV projects receive three cent bonus

Eight solar PV projects in the Central American nation have received an additional US$0.03/kWh bonus for reaching completion by an August 1 deadline. Honduras’ feed-in tariff is driving rapid solar market growth.

LDK Solar to supply 67MW for Thai PV project

LDK Solar will be supplying 67 MW of PV modules to a PV project in Thailand under a module supply agreement it signed with EA Solar Phitsanulok.

Solyndra misled government to secure $535m loan guarantee, investigation finds

Four-year probe finds that the bankrupt solar company misrepresented facts and omitted key information in securing federal loan guarantee under stimulus program.

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