Q.Cells creditor meeting begins
According to reports, 47 representatives at the insolvent Q.Cells SE are currently deciding whether South Koreas Hanwha, or Spain-based Isofotón will get to take the German company over. When the decision will be reached is not yet known.
Poland adds 36.5 million to PV module grants for households
Polands state-run National Fund for Environmental Protection and Water Management (NFEPWM) has announced it will add a further PLN 150 million (36.5 million) to its grant program aimed at Polish households that purchase photovoltaic modules.
Yingli records significant Q2 net loss; lowers FY shipment guidance
Continuing its battle with the tumultuous solar market conditions, Yingli Green Energy Holding Company Limited has recorded a massive Q2 2012 net loss and decreased revenues. For the full year, the company has lowered its photovoltaic module shipment guidance.
JA Solar also posts net loss; decreases FY shipment guidance
Like Yingli, JA Solar has experienced a weak Q2 2012, compared to Q1. Annual improvements have been seen, however and a new sales record set. Overall, the company has revised its FY shipment guidance downwards.
Hanwha wins Q.Cells bid
Q.Cells SE has announced that the South Korea-based Hanwha Group has won its bid to take the insolvent Germany company over.
Update: Isofoton to invest 300 million in Q.Cells
Following the news that Spain-based Isofotón had also submitted a bid to take Germanys Q.Cells over, pv magazine has learned that if the offer is accepted, it will invest 300 million in Q.Cells businesses. Under 10% of the workforce would also be cut.
Helios to install 30 MW PV plant in Nigeria
Helios Energy will install a 30 MW photovoltaic plant in central northern Nigeria, following the signing of a memorandum of understanding (MOU) between the German company and the Governor of Kaduna State.
Panasonic and Coronal Management establish solar financing company
Panasonic and Coronal Management LLC will establish a new solar company in North America, under which funding will be provided for distributed generation solar systems built by Panasonic Eco Solutions North America.
A look at Italys latest Conto Energia
Italys new guidelines for photovoltaic subsidies have been in place since Monday, August 27. While system operators will have to adapt to much lower tariffs and changing requirements, it is believed the new funding under the Conto Energia V will only last until the end of 1H 2013.
Romneys energy policy fuels US political debate
A 21-page policy paper on energy released by presumptive U.S. GOP Presidential candidate, Mitt Romney in advance of the Republican National Convention in Tampa, Florida, next week is predicated more on “what lies beneath” than on “all of the above.”
