Sonnenbatterie gets EUR 7.5 million cash injection
The battery storage system manufacturer completes a successful round of funding, capital will flow into expanding production, developing U.S. business and providing support for rapid growth.
SMA reduces 2014 guidance for second time, will increase layoffs
SMA has significantly reduced its sales guidance for 2014. In its new guidance, the German inverter supplier expects sales between EUR 775 million and EUR 790 million, down from EUR 850 million and EUR 950 million. “Significantly more” than the 600 jobs previously announced will be lost.
Solar disrupts utilities out of their comfort zone
Solarpraxis Forum highlights how traditional energy utilities are struggling to cope with the expansion of the renewable energy sector, forcing a rethink of their relationship with renewables.
SolarMax insolvency: Lack of pan-European policy harms industry, says expert
The insolvency of Switzerland’s SolarMax is yet another indictment of Europe’s failure to nurture pro-solar political conditions, says solar consultant Winfried Hoffmann.
Chinese delays could see Japan steal solar top spot
Postponed and delayed PV projects in China are stunting growth figures, says expert. Japan’s surging end to year could see it displace China as world’s largest market.
Renewable energy now Scotland's top power source
Clean energy from wind, hydro and, yes, solar produced more power than nuclear, coal or gas in first six months of 2014, figures show.
pv magazine weekly news roundup: Nov 21-28
Assault of batteries shapes the week, while the good vibes of the 15th Forum Solarpraxis are punctured by the news of SolarMax’s insolvency.
MegaCell signs MoU for 120 MW bi-facial cell and module fab in Egypt
The Italian solar manufacturer has teamed up with Cairo-based Misr Asset Management to develop the production plant in a deal worth $42.5 million.
North Carolina regulators approve 80 MW solar plant
The $200m proposed McBride Place Energy project, to be located near the city of Concord, has been given the green light by the N.C. Utilities Commission.
SMA secures net metering authorization in Chile
German company becomes first inverter supplier to be authorized to participate in the country’s recently introduced net metering program.
