U.S.-based Power-One, Inc. and Japans Panasonic Corporation have announced that they will work together on the development of energy storage systems and the large-scale utility and commercial photovoltaic inverter business.
The first phase of construction is underway on OCI Solar Powers 400 MW photovoltaic project, located in Texas, the U.S. It is scheduled for completion at the end of 2013.
Isofotón is currently drawing up a staff restructuring plan at its Malaga factory in Spain. 380 employees will be affected. Meanwhile, supplier Lamaignere has said Isofotón owes over seven of its suppliers more than 3 million.
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.
Last week, the German Federal Minister for the Environment announced the surprise proposal to introduce a so-called “electricity price protection”. This would be catastrophic for the development of renewable energies. However, the chances of success for his proposal are quite limited.
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.
Suntech Power Holdings Co. Ltd is planning to build a photovoltaic module factory in Uzbekistan.
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.
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