The U.S. Department of Defense (DOD) is one of the world’s largest energy consumers. In recent years, all American military branches have changed their focus from fossil fuels to renewable energies. According to a SEIA report released today, renewable energies can help cut war casualties and costs with solar energy.
PV equipment manufacturer Applied Materials has posted its second quarter results for the fiscal year 2013. The Energy and Environmental Solutions (EES) segment recorded a GAAP operating loss of US$322 million, inclusive of impairment charges of $278 million.
Chinese PV manufacturer JA Solar has repaid the US$119 million for convertible bonds that was due May 15. The company has stated that it remains commited to meeting all debt obligations to protect the interests of stakeholders.
The EU anti-dumping Committee met on Wednesday to discuss the EUs Commissions plans to impose AD duties on Chinese solar imports of an average 47%, but no results were reached. The EU member states now have until May 24 to deliver their comments. EU sources say that there will be considerable discrepancy between the provisional AD import duties and the definitive decision on duties due in December.
Power generation solutions provider Siemens has released a study analyzing electrical power producing systems, especially renewable power plants, in Europe, and has identified the potential for optimization. Project siting has been cited as the key factor to reap savings; savings to the tune of 45 billion.
China to wait on EU solar panel anti-dumping decision before announcing results of its own probe into polysilicon imports.
17 MW Yuma project the pick of nine new and expanded solar installations as U.S. reaches a cumulative 5.14 GW of generation capacity.
Swiss power and automation technologies giant ABB announced on April 22 the acquisition of inverter manufacturer U.S. Power-One. But shareholders of the American company are claiming that the US$1 billion sale price is too low. On Tuesday they filed a class action against ABB.
As the 2013 SNEC tradeshow closes its doors in Shanghai, uncertainty over the EU trade case and lack of cash flows remain major impediments to investment and innovation. New business opportunities in emerging markets are also seen as vital for manufacturers as SNEC proves to be a meeting point for the Asian-Pacific PV industry.
Germanys Gehrlicher Solar AG has received 85 million in financing for another two years from an international group of banks led by BayernLB.
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