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Power-One and Panasonic unveil energy storage collaboration

U.S.-based Power-One, Inc. and Japan’s Panasonic Corporation have announced that they will work together on the development of energy storage systems and the large-scale utility and commercial photovoltaic inverter business.

380 jobs in question at Isofotón; suppliers step up the pressure

Isofotón is currently drawing up a staff restructuring plan at its Malaga factory in Spain. 380 employees will be affected. Meanwhile, supplier Lamaignere has said Isofotón owes over seven of its suppliers more than €3 million.

Insolvency proceedings officially open for Photon Europe

Insolvency proceedings against Photon Europe have been officially opened in Aachen, Germany. A spokesperson for the liquidator said intensive discussions are underway with a potential investor. How much money the creditors will receive back is unclear.

Isofotón denies insolvency rumors

Spanish Logistics Group, Lamaignere has reportedly brought a group of companies together to request the opening of insolvency proceedings for Isofotón. A spokesperson for the photovoltaics company says it has received no notice of this action and that Isofotón is both “viable” and “solid”.

Solar glass anti-dumping compliant filed in Europe

EU ProSun Glass, led by GMB Glasmanufaktur Brandenburg GmbH, has filed an anti-dumping complaint with the European Commission against Chinese solar glass manufacturers exporting product to Europe.

Taiwanese cell shipments hit record high

A new report has found that shipments from Taiwan’s photovoltaic cell industry hit a record high in 2012. Overall, EnergyTrend found that the country’s manufacturers shipped 5.5 GW of cells globally last year.

Lithuania halts solar development

The Lithuanian Government has announced it will not permit the construction of any new solar facilities, in a bid to halt the “rapid” development of the project industry. The amendments are expected to be passed on March 1.

Italy: Solar share retreats as part of Enel energy mix

Italian renewables provider Enel Green Power’s consolidated results for 2012 paint a picture of growing revenues and profits coupled with a growing debt pile.

Emmvee develops first solar park in India

India-based Emmvee PV Power is developing a 20 MW solar park at Hindupur in Andhra Pradesh state.

Japan: Solar lifts the gloom for Kyocera

Increasing demand for solar in Japan and the cost reductions found from the plunging price of polysilicon helped electronics giant Kyocera mitigate group losses from falls in demand for its non smartphone mobiles, PCs and flat screen TVs.

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