Conergy brand and salesforce acquired by US private equity group
Conergy’s global sales units acquired by U.S. private equity group. Kawa Capital deal excludes mounting system and module production units but administrator is hopeful of sales as module production resumes in Frankfurt (Oder).
US halts mining in Solar Energy Zones
Department of the Interior halts new mining claims for 20 years in its Solar Energy Zones. Almost 304,000 acres across 17 sites in six western U.S. states will come under the 20-year mining ban.
Solarworld first-half figures disappoint
Company pins hopes on acceptance of restructuring proposal by shareholders as client uncertainty weighs on figures for first six months of 2013. Company did, however, rein in losses.
Approval for 30 MW project in the Philippines
US$55 million scheme in Ilocos Norte is the third PV project to win a certificate of commerciality in the country. South Korean developers expect to be fully operational in late 2014.
Solar market worth $134 billion by 2020
Annual revenue from PV installations will top $134 billion in seven years’ time and solar will stand alone without subsidies from 2017, claims Navigant Research report.
German-Chinese module price gap narrowing
Module and inverter trader says trade war and consequent lack of Chinese imports is closing the price gap between German and Chinese products. But spot market availability of fire-sale modules can skew figures, warns analyst.
REC to separate silicon, solar divisions
Norwegian solar group REC is looking to improve its finances by spinning off its solar and silicon divisions as independent companies. The group also saw second-quarter revenue rise 21% while narrowing its operating loss.
NRG Solar acquires large-scale project on Guam
Developed by Houston-based Quantum Utility Generation, Guam’s first utility-scale solar plant will now go to NRG Solar, which will own and operate the 25.65 MW facility.
China imposes anti-dumping duties on US, South Korean polysilicon
U.S. and South Korean polysilicon manufacturers will face anti-dumping import tariffs in China of up to 57% beginning July 24. U.S. producers REC and Hemlock face the highest rates.
Uruguay kicks off second stage of PV procurement process
Uruguay has begun accepting applications for new large-scale solar projects to meet the country’s 200 MW target.
