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Greece added 793 MW of photovoltaics in the first quarter of 2013, according to national electricity market operator (LAGIE). In March alone, 259 MW of new capacity was installed. Meanwhile, a new renewable energy systems (RES) bill has been introduced.

Malaysian state Sarawak will develop a new US$1.6 billion polysilicon manufacturing plant which is slated to start operations in 2016.

SolarWorld CEO Frank Asbeck has told Germany’s Handelsblatt that the company is interested in a part of Bosch’s solar cell production unit.

European photovoltaic inverter manufacturers see their profits shrink as low-cost Asian players gain ground, according to a new report released by GTM Research. Increased competition is also coming from diversified giants.

Lightsource Renewable Energy Ltd has completed and commissioned 34 photovoltaic projects totaling 133 MW in the first quarter of 2013.

ReneSola has signed a deal with EPC Enerparc AG to deliver 43.6 MW of modules between April and June this year. 35 MW will be delivered via ReneSola’s OEMs in Poland and India.

Power-One, Inc. and Phono Solar have started an Exchange Testing Program. The two companies will exchange products for review and inspection in their own testing facilities.

The meeco Group has announced the creation of a joint venture with Japan’s BIJ Corporation and Italy-based finergia advisory & finance. The new company will focus on clusters of small on- and off-grid photovoltaic plants in Japan and its neighboring markets.

German photovoltaic manufacturers continue posting negative financial results, as the European market remains stagnant. Bosch’s photovoltaic business unit recorded a €1 billion loss for full-year 2012, as Aleo doubled its loss in 1Q.

SolarWorld AG has said it expects a loss of more than half a billion euros. The German company has also reported the loss of around half its share capital.