'Fabless' manufacturing to prolong equipment downturn
Tier one photovoltaic manufacturers are expected to access underutilized capacity to meet demand through 2014, further depressing the solar photovoltaic equipment market, NPD Solarbuzz reports.
First Solar to sell 50 MW Ontario power plants
First Solar will sell its 50 MW solar project portfolio in Canada to an investment group led by GE Energy Financial Services, marking the first project deal between the firms since announcing their financial partnership.
Komax Solar to be sold
The Komax Group will pull out of the PV equipment business and thus sell its solar arm, Komax Solar. The decision is said to be a strategic move and the group has begun searching for viable buyers.
SunPower to offer solar loans Down Under
U.S.-based manufacturer SunPower is set to offer solar loans to households in Australia. The lender Community First Credit Union will provide the loans.
'Smart' solar market to grow to $15 billion by 2018
The rapid growth of intelligent power systems for solar systems has been predicted in a new study from MarketsandMarkets. The report forecasts that the industry segment will grow from $6.51 billion in 2013 to over $15 billion in 2018.
Catalina project completed
The 110 MW AC (143 MWp) Catalina solar power plant has been completed, in Kern County, Southern California. Bechtel was the EPC on the project.
Switzerland plans radical solar subsidy cuts
The Swiss Solar Energy Professional Association (Swissolar) calls the government’s plans for PV “catastrophic”. Feed-in tariffs, payment duration and the separate category for integrated PV systems are on the chopping block. Still there might be some positive outcomes.
REC proposes further measures to reduce debt
Norways Renewable Energy Corporation (REC) has proposed three new bond repurchase options today, pursuant on the company successfully splitting its operations silicon operations from its downstream solar business.
SunEdison plans to spinoff semiconductor operations
U.S. photovoltaic developer SunEdison announced today that its board of directors has unanimously decided to spin off its semiconductor operations, forming a new company SunEdison Semiconductor Inc. A minority stake in the business will be offered in an IPO.
Energy auction in Brazil rescheduled to November
Brazilian government has rescheduled to November 18 the renewable energy auction A-3, in which solar energy will participate for the first time. The previous date was October 25.
