The insolvent solar manufacturer can find no peace. Now the public prosecution believes that there has been illegal insider trading.
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.
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.
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.
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.
On the back of weakened demand from Asian customers, sales of German photovoltaic equipment have fallen by half in Q2 2012, compared to the same period last year. To maintain competitiveness, cooperation with local industry is urged.
Malaysia’s Sustainable Energy Development Authority (SEDA) has announced that applications for 2 MW of rooftop photovoltaic projects in H2 2012 and 6 MW for H1 2013, have opened.
Several large photovoltaic power plants are expected to be built in Uzbekistan soon, with the participation of both local and foreign investors.
EU ProSun, headed by SolarWorld AG, has filed a second official complaint to the European Commission, this time accusing Chinese photovoltaic manufacturers of receiving illegal subsidies.
Using just 60 solar cells, Meyer Burger Technology Ltd has created a 303 W photovoltaic module in production conditions. “Significant” cost reductions are expected to follow.
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