Insolvency proceedings against Photon Europe have been officially opened in Aachen, Germany. A spokesperson for the liquidator said intensive discussions are underway with a potential investor. How much money the creditors will receive back is unclear.
Spanish Logistics Group, Lamaignere has reportedly brought a group of companies together to request the opening of insolvency proceedings for Isofotón. A spokesperson for the photovoltaics company says it has received no notice of this action and that Isofotón is both “viable” and “solid”.
EU ProSun Glass, led by GMB Glasmanufaktur Brandenburg GmbH, has filed an anti-dumping complaint with the European Commission against Chinese solar glass manufacturers exporting product to Europe.
A new report has found that shipments from Taiwans photovoltaic cell industry hit a record high in 2012. Overall, EnergyTrend found that the country’s manufacturers shipped 5.5 GW of cells globally last year.
The Lithuanian Government has announced it will not permit the construction of any new solar facilities, in a bid to halt the “rapid” development of the project industry. The amendments are expected to be passed on March 1.
Italian renewables provider Enel Green Power’s consolidated results for 2012 paint a picture of growing revenues and profits coupled with a growing debt pile.
India-based Emmvee PV Power is developing a 20 MW solar park at Hindupur in Andhra Pradesh state.
Increasing demand for solar in Japan and the cost reductions found from the plunging price of polysilicon helped electronics giant Kyocera mitigate group losses from falls in demand for its non smartphone mobiles, PCs and flat screen TVs.
The French government has published details of its 10% FIT bonus for PV systems produced in the European Union. In other news, French energy giant EDF has reportedly announced the construction of a new photovoltaic production site for Photowatt.
In another sign that TSMC Solar is achieving rapid efficiency gains, the Taiwanese manufacturer has announced it has achieved 15.1% module efficiency. The module sets a new record for monolithic thin film efficiency, using its CIGS technology.
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