GCL receives approval to build 340 MW of PV in China
GCL-Poly Energy Holdings Limited has received approval from Chinas National Energy Bureau to start work on 340 MW worth of photovoltaic projects in the Datong Shanxi province.
Panasonic and Coronal Management establish solar financing company
Panasonic and Coronal Management LLC will establish a new solar company in North America, under which funding will be provided for distributed generation solar systems built by Panasonic Eco Solutions North America.
A look at Italys latest Conto Energia
Italys new guidelines for photovoltaic subsidies have been in place since Monday, August 27. While system operators will have to adapt to much lower tariffs and changing requirements, it is believed the new funding under the Conto Energia V will only last until the end of 1H 2013.
Romneys energy policy fuels US political debate
A 21-page policy paper on energy released by presumptive U.S. GOP Presidential candidate, Mitt Romney in advance of the Republican National Convention in Tampa, Florida, next week is predicated more on “what lies beneath” than on “all of the above.”
Hanwha signs Q.Cells takeover contract
After months of speculation, the insolvent Q.Cells has confirmed the Hanwha Groups interest in taking it over. While the two parties have signed a contract, the acquisition must still be approved by Q.Cells creditors.
Brazil to build first PV module manufacturing facility
The northeastern state of Paraíba will soon become home to Brazils first photovoltaic module manufacturing facility. Expected to be built early next year, the first phase will see an annual capacity of 30 MW come online.
Poland: 2 new solar farms to be installed
Two new solar farms are to be set up in Rz?dów and Legnica, both in Poland, according to various reports in the Polish media.
Bosch to close silicon thin film works in Germany
Bosch will close its silicon thin film works in Erfurt, Germany. In the future, the company will concentrate on the areas of crystalline and CIS thin film photovoltaics.
APAC region driving global PV demand as industry transitions
According to new figures, the Asia Pacific (APAC) region in particular is set to experience significant end of year photovoltaic demand. Meanwhile, conditions are expected to remain challenging in the more established markets.
GCL-Polys half-year profits plunge
Chinese polysilicon and wafer supplier, GCL-Poly has announced weak half-year results, with revenues falling by 22.4% and gross profit by 109.3%. In a statement announcing the results, chairman and CEO, Zhu Gong Shan has attributed the poor performance partly to the cyclical oversupply in the industry.
