German PV manufacturers continue to post losses
German photovoltaic manufacturers continue posting negative financial results, as the European market remains stagnant. Boschs photovoltaic business unit recorded a 1 billion loss for full-year 2012, as Aleo doubled its loss in 1Q.
New solar policies in India expected to increase demand; help improve margins
According to Bridge to India, close to 1.5 GW of PV projects are currently under development in India. It forecasts that over 1 GW of new capacity will be installed this year. Meanwhile, 2014 is expected to see new installations exceeding 2 GW. Jasmeet Khurana provides a project update and looks at the different state policies.
LDK Solar Q4 net loss tops $0.5 billion
Debt-ridden LDK Solar has recorded an enormous Q4 2012 net loss totaling over US$0.5 billion, significantly up from the $95.9 million loss seen in the previous quarter. Although the beleaguered Chinese photovoltaic manufacturer is under significant financial pressure, it forecasts Q1 2013 revenues of between $80 million to $100 million.
California: New group formed to defend net metering
A coalition of solar companies and physicians has been formed in California, to push back against utility company attempts to wind back net metering for solar customers.
What does Suntechs insolvency mean for solar?
When Suntech defaulted on $541 million of convertible U.S. bonds in March, solar players across the world were watching. The very public, and long-expected, failure of the former poster boy of solar, Zhengrong Shi, has left the PV industry asking what Wuxi Suntechs insolvency means for solar.
SDG&E signs three PV PPAs worth 47 MW
San Diego Gas & Electric (SDG&E) has signed three solar PPAs for a total of 47 MW.
Japan: PV on the ascent, but nuclear power uncertainty remains
The Japanese Ministry for Economy, Trade and Industry (METI) has announced that the total combined renewable energy capacity between April 2012 and January 2013 has reached 1,394 MW. Photovoltaic capacity alone accounted for 1,392 MW.
Spain: T-Solar plans to lay off 170 employees
Spanish photovoltaic module manufacturer T-Solar has started proceedings to lay off 170 employees, according to local media. The company has been involved in voluntary insolvency proceedings for over a month.
US: new tool to illustrate solar job creation
The Solar Foundation has released an online tool to chart job creation in the U.S. solar industry by state. The State Solar Jobs Map will allow people lobbying for the wider adoption of solar photovoltaics to illustrate how many jobs are being created and where.
Grid integration: India looks to Germany
Joint Secretary of the Indian Ministry of New and Renewable Energy (MNRE), Alok Srivastava seeks German cooperation to bring grid integration technology to India.
