Asia PV materials market boosted by rapid shift in production dynamics, finds Frost & Sullivan
Regional appetite for solar power and growing awareness of environmental issues has prompted Asian governments to support the materials industry, which is now worth $1.94 billion, the analysts report.
Setback for Canadian Solar in legal wrangle
Canadian Solar’s apparent victory in its legal dispute with LDK Solar has been overturned by the court that awarded it. The dispute relates to wafer supply contracts which LDK says Canadian Solar broke.
Trina Solar announces joint venture with Yabang Group
The Chinese PV giants have invested $45 million in Yabang Group’s subsidiary, Changzhou NESL Solartech Co., and hope to reach 500 MW production capacity within 12 months.
Deals 'imminent' for Conergy units
Chinese module manufacturer Astroenergy will acquire Conergy’s Frankfurt module business. The identity of the buyer for the Rangsdorf-based Mounting Systems business has not been revealed.
Jun Yang to invest in Lightway, 680 MW of planned PV projects
The Hong Kong-based solar power investment company plans to develop 400 MW PV power generation projects in China over the next three years.
Hanergy targets Greece
The Chinese thin film powerhouse, owner of U.S. firms MiaSole and Global Solar Energy, Engensa in the U.K. and Germany’s Solibro, plans to invest $2 billion to develop 1 GW of RE projects in Greece.
US: NREL data book reveals 83% PV capacity increase in 2012
The recently released Renewable Energy Data Book details how the industry grew in 2012, revealing a particularly strong showing for solar.
Citizen-led coalition calling for 3 GW of solar power by 2030 in US state of Colorado
The coalition of more than 11,000 citizens and 280 businesses is calling on Colorado state officials to ramp up rooftop solar installations, with a target of 1 million solar roofs by 2030.
Dow Corning snaps up Mitsubishi's Hemlock polysilicon stake
The manufacturer of silicon-based products will buy the stake, which comprises two solar polysilicon ventures, for $240 million.
Critics blast German coalition plans to limit RE expansion
Germany’s new coalition government plans to cap the country’s renewable energy target. Renewable energy and environmental groups are condemning the decision, arguing it would turn the country’s energy transition on its head.
