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Hanwha SolarOne talks North American strategies

At this year’s Intersolar North America, pv magazine caught up with Hanwha SolarOne to discover what its plans for the North American photovoltaic market are.

SunPower sees falling profits; lowers FY guidance

SunPower Corp. has seen profits sequentially falling in the second quarter (Q2) of 2012, despite having exceeded the lower end of its revenue and gross margin guidance. In terms of markets, Europe continues to be challenging, but the company has made advancements in North America. For the full year, it has slightly lowered revenue and gross margin guidance.

US to fast track 1.5 GW of solar projects

Under President Obama’s “We can’t wait initiative”, the federal permit and review processes are to be accelerated for seven solar and wind projects. Of these, five comprise solar projects worth a total of 1,550 MW.

South Australia: Rooftop PV reduces electricity demand

The uptake of rooftop photovoltaic systems has helped reduce electricity demand in South Australia, according to the Australian Energy Market Operator (AEMO). It is believed the systems have generated 306 GWh of electricity between 2011 and 2012.

More rumors emerge over Hanwha’s Q.Cells takeover

New media reports have indicated that Korea-based Hanwha Group is gearing up to take the insolvent Q.Cells over as soon as next month.

Inventux investors from Chile and Argentina

Recently rescued, Berlin-based Inventux Technologies has presented the plans of its new investors. While the names have still not been unveiled, it has been said the buyers come from the mining industry and infrastructure sector in Argentina and Chile.

Solar ITCs deliver positive IRRs to US government

A new analysis of the U.S. Federal Solar Investment Tax Credit (ITC) claims that both residential and commercial photovoltaic projects supported by the ITC can deliver a nominal 10 percent internal rate of return (IRR) to the U.S. government.

US injects $43 million into energy storage research

The U.S. Department of Energy (DOE) has made US$43 million worth of funding available to 19 energy storage research projects.

MEMC sees solar revenues rise

Despite the continuing difficult market conditions, MEMC Electronic Materials, Inc. has seen its second quarter (Q2) 2012 financial results improve on the back of stronger solar energy revenues. Despite this, it has declined to provide specific guidance for the rest of the year, due to ongoing uncertainty.

India and Chile to collaborate on solar development

According to the Indian government, Chile and India are gearing up to exchange their renewable energy knowledge. Solar energy is believed to be a particular focus.

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