M+W Group to shutter German semiconductor, PV unit
The German engineering and construction giant is dissolving its semiconductor and photovoltaic plant construction division in Germany but will continue operations in other regions. Some 215 employees are affected by the move.
Solar Frontier builds megasolar plant on wooden mountings
Xyence, the leaseholder and a specialist in wood preservation technology, will use its knowhow for the plant’s unique wooden mountings.
Coronal Group acquires HelioSage Energy
The acquisition, which includes more than 300 MW of contracted solar projects, will result in the formation of Coronal Development Services.
Romania installs 363 MW of PV in 2014
Romania added 363 MW of solar PV in 2014. While the figure is considerably smaller than in 2013, it still proves that Romania has emerged as a one of Europe’s significant markets for photovoltaic investors.
State Bank of India to bankroll 15 GW of solar power by 2020
RE-Invest: Speaking at India’s first renewable energy conference, First Solar CEO Jim Hughes warned that India could have difficulty achieving its ambitious solar energy goals if it did not make more land available for plants and facilitate the purchase of clean energy for utilities.
China: PV installed capacity grows to almost 30 GW in 2014
China’s National Energy Administration (NEA) has released 2014 solar figures. The report shows installed capacity approached 30 GW, while manufacturers are reporting greatly increased utilization rates.
IHS: US, Japan to account for 50% of global PV inverter sales in 2015, 2016
Japan and the United States will be the main drivers for PV inverter suppliers in 2015 and 2016, according to a new report by IHS. Price drops resulting from growing competition will result in global revenue growth in 2016 of just 5% over 2014 levels.
IRENA Director-General: Renewable energy can fuel India's economic growth
RE-Invest: IRENA Director-General Adnan Z. Amin stressed the importance of renewable energy in sustainably meeting India’s growing energy needs at the Renewable Energy Global Investors’ Meet & Expo in New Delhi on Monday.
Applied Materials hamstrung by excess capacity
Overhang of excess capacity harms Applied Materials’ sales, but company expects rise in next quarter.
3 billion euros to be invested in Ukranian solar power industry by 2020
Up to 3 billion (US$3.4 billion) will be invested in the development of the Ukranian solar power industry by 2020, according to a recent statement of an official spokesman of the press-service of the Ukrainian Cabinet of Ministers.
