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.
German PV equipment sales continue to decline; stronger cooperation urged
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: Applications for 8 MW of rooftop PV open
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.
PV interest in Uzbekistan increases
Several large photovoltaic power plants are expected to be built in Uzbekistan soon, with the participation of both local and foreign investors.
