Photon Europe files for insolvency
Germanys Aachen District court officially opened preliminary insolvency proceedings against Photon Europe. The prosecution had previously been involved in investigations into delayed filing of insolvency.
Intersolar China: Ambitious targets and emerging markets
Despite being down-sized to a conference without an exhibition, the second edition of Intersolar China in Beijing turned out to be very well-timed. In addition to news of a doubling of the countrys 2015 photovoltaic target, many turned out to hear what the central government has planned for the domestic photovoltaic industry. Overseas markets were also a central topic of discussion.
Canadian Solar "shall pay" $40 million in compensation to LDK
Canadian Solar may have to pay back compensation to LDK Solar Co. Ltd for the “illegal termination” of two photovoltaic wafer supply agreements made in 2007 and 2008. A Canadian Solar spokesperson said the company is reviewing the decision.
Newest FS Series 3 module is latest milestone on cost-efficiency roadmap
First Solar, Inc. today announced the release of its most advanced thin-film photovoltaic (PV) module, the Series 3 FS-392, which is rated at 92.5 watts. The new FS-392 module maintains all the existing IEC certifications and UL listings for the Series 3 family, including UL listing for 1000-volt systems.
Asia-Pacific solar revenues to reach $11.1 billion by 2016
According to new research by Frost & Sullivan, the Asian-Pacific solar market will reap revenues worth US11.1 billion in 2016. Meanwhile, photovoltaics is said to be the leading technology in the region.
GCL-Poly to supply 150 MW of PV modules to South Africa
GCL-Poly has said it will supply 150 MW worth of its photovoltaic modules to two projects in South Africa.
JinkoSolar to supply 81 MW of PV modules to South African project
JinkoSolar Holding Co., Ltd has signed a contract with WBHO-Building Energy (Pty) Ltd. (WBHO-BE) to supply 81 MW of its photovoltaic modules to a project located in the Cape province. The company has also revealed more of its plans for 2013.
SolarCitys difficult path to public market
In what is becoming one of the closest watched solar IPOs for some time, solar lease provider SolarCity has increased the number of shares in its offering and reduced its share price.
SolarWorld not ruling out strategic partnerships
According to CEO Frank Asbeck, SolarWorld AG can expect good overseas sales in Q4. He added that a strategic partnership is not out of the question.
China considers upping 2015 PV target to 40 GW
According to local media, Chinas government is considering raising its 2015 photovoltaic installation target from 21 to 40 GW. Official confirmation is still to be received, however.
