A report into the global building-integrated photovoltaic (BIPV) market forecasts it will more than treble to be worth over $7.5 billion in the next three years.
Centrotherm photovoltaics AG has announced its intention to fine-tune its insolvency plan with its creditors. The plans call for a capital reduction, and subsequent capital increase.
The latest figures from the U.K. government’s Department for Energy and Climate Change (DECC) show a total installed capacity of 1.3 GW of photovoltaics nationally at the end of September 2012.
While with only 5.5 MW in installed capacity, Singapore is a minor end-market for photovoltaics, however as a business and banking hub, it is increasingly becoming a base for solar companies.
Portuguese company Martifer Solar has signed an EPC contract to build a 4.5 MW solar plant in the Ukraine, which it plans to have online by the end of 2012.
Wacker Chemie AG has announced production at its new Tennessee polysilicon facility will be delayed by 18 months. Overall, the company has reported “significantly” decreased sales in its polysilicon business on the back of consolidation, overcapacity and sustained price pressure in the solar industry.
Despite the ongoing search for an investor, Sovello GmbH can no longer continue to operate. As such, the team has been reduced from 170 to just 50 employees.
Satcon Technology Corporation has been granted approval by the Bankruptcy Court for the District of Delaware to continue to provide post sale service and support to its customers.
The acquisition of one of the worlds pioneering photovoltaic companies, Q.Cells, was completed today, with the launch of Hanwha Q.Cells GmbH. The new companys leadership was unveiled at its headquarters, R&D center and German manufacturing operations, in Germanys Sachsen-Anhalt this morning.
Following Belectrics takeover of Konarka Technologies GmbH, the company plans to set up organic photovoltaic (OPV) production facilities in Germany in the coming months.
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