SMA to downsize massively
SMA has announced today that it will inform its employees of the necessary personnel adjustments as a response to the difficult solar market situation. SMA plans to gradually downsize its full-time employee pool by 700 in Germamy by end of 2014.
Desert Technologies exploring opportunities in Saudi Arabia and beyond
Interview: Nabih Cherradi, chief technology officer at Saudi Arabian renewable energy group Desert Technologies, discusses Saudi Arabia’s ambitious sustainable energy plans and the growing opportunities in the Kingdom for local as well as international companies.
Desertec pulls out of consortium it founded
Future of visionary project to generate energy from the world’s deserts cast into doubt by founding organization’s withdrawal. Press release announcing decision refers to ‘management crisis and disorientation of the industrial consortium’ that foundation had established.
[UPDATE] Desertec founder explains reasons for Dii split
Industrial consortium’s communications problems exemplified when Desertec members read an online news story stating plans to sell Saharan energy to Europe may be altered. Foundation’s co-founder says visionary group will continue their work to drive renewables development. Dii responds to move.
Solar Frontier restarts full production at Miyazaki plant
Facing increasing demand for thin film CIS modules, Solar Frontier has restarted production at its Miyazaki No. 2 Plant.
Conergy reportedly in talks with Asian investor
Germany’s Conergy AG is reportedly in negotiations with a potential investor from Asia who may be willing to invest up to 50 million for a 30% stake in the company if banks accept a new deal.
Solar Frontier expands module production capacity
Japanese manufacturer will re-open Miyazaki plant. Company is also set to unveil a new type of thin film module imminently.
Construction starts at Macho Springs
New Mexico’s largest solar project is set to be completed by May 2014. First Solar scheme will sell energy to El Paso Electric under 20-year PPA.
Japan and China hold fate of PV in their hands
Consultant predicts more than 45% of the world’s demand for solar power will come from the twin Asian markets in the rest of 2013. A record 35.1 GW of demand is predicted for the full year figure.
Canadian Solar sells 10 MW plant valued at more than $52 million
Solar Solutions Inc. has sold a 10 MW solar plant valued at more than $52 million to TransCanada Corporation. It’s the first of nine planned facilities Canadian Solar will build and sell for some $445 million.
