Bernreuter Research sees rebound for leaner polysilicon
Germany-based Bernreuter Research says that according to its analyses, the polysilicon sector will slowly recover from its current oversupply situation by 2014. The findings were presented at the 27th EU PVSEC in Frankfurt am Main.
Conergy cancels long-term wafer contract; transfers PV plants to MEMC
Conergy AG has cancelled its long-term photovoltaic wafer contract with MEMC Electronic Materials, Inc. As a result, the German company no longer expects to reap a positive EBIDTA in 2012. It has also agreed to transfer photovoltaic power plants to MEMC.
Updated: Isofotón unveils 300 MW Saudi PV plans
Isofotón and Industrial Systems Corp (INDSYS) have signed a joint venture agreement to install 300 MW of photovoltaics in Saudi Arabia. The two parties will also develop projects across the Middle East, North African (MENA) and Indian regions.
Sharp to sell off Recurrent Energy?
Media reports have indicated that Japan-based Sharp is intending to cut around 18% of its global workforce and sell off Recurrent Energy LLC. While the U.S. company could not confirm the news, it did provide pv magazine its perspective.
EU PVSEC: 300 GW/a PV initiative launched
On the second day of the EU PVSEC tradeshow, Solarpraxis AG and pv magazine launched their 300 GW per year initiative. The goal is to provide a forum for debate and to set an ambitious goal for the photovoltaic industry, as a part of a global energy transformation towards renewables.
Solar Millennium: Investigation into illegal insider trading
The insolvent solar manufacturer can find no peace. Now the public prosecution believes that there has been illegal insider trading.
Hanergy officially acquires Q.Cells' Solibro
Q.Cells SE has today officially handed its thin film photovoltaic subsidiary, Solibro GmbH, to China-based Hanergy Holding Group Limited. The 400-strong workforce will be kept on.
EU PVSEC: Slow trade greets new offerings
The EU PVSEC in Frankfurt continued today, with trade remaining slow on the showroom floor. While the number of new products and equipment on display is reduced from previous years, some new business models are emerging.
US military to spend $1.8 billion on clean energy by 2025, with 'net zero' results
U.S. military spending on renewable energy programs, including conservation measures, is expected to increase steadily over the next 12 years, reaching almost US$1.8 billion in 2025.
Saudi Arabia targeting $109 billion investment for solar
According to media reports, Saudi Arabia plans to meet a third of its power needs from solar by attracting US$109 billion in investment for the establishment of a specific industry. Meanwhile, Mecca is planning to install 100 MW of solar capacity.
