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.
ReneSola hits Q2 guidance, posts operating loss
In its Q2 results released today, Chinese vertically integrated photovoltaic manufacturer, ReneSola has announced that it has exceeded revenue and shipment guidance. Despite this strong result, the company posted a US$34.6 million operating loss.
Japan: Company formed to develop 500 MW
In a sign that major Japanese corporations are mobilizing to develop photovoltaic projects in the country under the revamped FIT regime, the Japan Mega Solar Power Co. has formed. The new company plans to invest 100 billion yen (US$1.3 billion) to develop utility-scale photovoltaic projects in the country.
Pakistan: Punjab government turns to solar
In a bid to foster awareness of alternative energy resources the Punjab government in Pakistan has unveiled its plans to install up to 500,000 solar home solutions in the province.
