Isofotón denies Spanish factory closure
Spanish media reported yesterday, October 18, that Isofotón would close its photovoltaic manufacturing facility in Malaga for two months. The company has denied this.
£20 million incentive for UK energy storage solutions
The U.K. government has made £20 million available to encourage innovation in energy storage systems.
Iraq unveils $1.6 billion renewable energy plans
According to reports, Iraq plans to channel US$1.6 billion over the next three years into solar and wind power, with the aim of adding 400 MW to the national grid.
Interview: Inside Sungevitys expansion Down Under
Solar lease provider and online solar entrepreneur Danny Kennedy has expanded Sungevity into nine states across the U.S., from its Oakland base. This year the company moved into the Netherlands and, this quarter, into Australia. For company founder and president Kennedy, the move has a special significance, as the expatriate Australian is bringing his business home. pv magazine spoke the charismatic entrepreneur, to find out more.
SMA announces job cuts of over 1,000
On the back of “deep” subsidy cuts in Europe, SMA Solar Technology AG has announced it will reduce its workforce by 450 and terminate 600 temporary workers. Overall, it predicts a “significant” drop in sales due to a “steep” market downturn and growing price pressures.
Interview: PV bankability hurdles are increasing
Ed Heacox, principal and co-founder of Envect Inc. talks to pv magazine about the U.S. solar market the challenges, bankability, funding and how solar can play a role in developing smarter, more efficient grid.
Solarwatts insolvency proceedings revoked
Solarwatt AGs restructuring plan has been finalized, meaning insolvency proceedings for the German company have been revoked. However, in the next six months, shorter working hours on the production side will be a possibility.
First Solar awarded contract for 13 MW MENA installation
Photovoltaic activity in the MENA region continues to pick up, with the Dubai Electricity and Water Authority (DEWA) awarding the 13 MW first stage of its 1 GW Mohammed Bin Rashid Al Maktoum project to First Solar.
Satcon files for Chapter 11 bankruptcy
Satcon Technology Corporation and its six subsidiaries have today, October 17, filed voluntary petitions in Delawares U.S. Bankruptcy Court under the U.S. Chapter 11 Bankruptcy Code. The company aims to reorganize its structure, and improve both its balance sheet and capital structure.
EuPD: Independence in demand from consumers
As FITs and support mechanisms for photovoltaics change and hence uncertainty for consumers increases, so too does their willingness to invest in storage. This is one of the results of EuPDs latest research into consumer behavior, called “Endcustomers in Focus,” released this week.
