JA Solar also posts net loss; decreases FY shipment guidance
Like Yingli, JA Solar has experienced a weak Q2 2012, compared to Q1. Annual improvements have been seen, however and a new sales record set. Overall, the company has revised its FY shipment guidance downwards.
Hanwha wins Q.Cells bid
Q.Cells SE has announced that the South Korea-based Hanwha Group has won its bid to take the insolvent Germany company over.
Update: Isofoton to invest 300 million in Q.Cells
Following the news that Spain-based Isofotón had also submitted a bid to take Germanys Q.Cells over, pv magazine has learned that if the offer is accepted, it will invest 300 million in Q.Cells businesses. Under 10% of the workforce would also be cut.
US: 8minutenergy and Gestamp receive go ahead for 275 MW of PV projects
8minutenergy Renewables, LLC and Gestamp Solar have received Conditional Use Permits (CUP) from Californias Imperial County Board of Supervisors for 3 photovoltaic projects worth 275 MW.
Helios to install 30 MW PV plant in Nigeria
Helios Energy will install a 30 MW photovoltaic plant in central northern Nigeria, following the signing of a memorandum of understanding (MOU) between the German company and the Governor of Kaduna State.
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.
