After several years of hustling and hyperbole in the photovoltaics industry, the first half of 2012 has been a time of oversupply and underachievement globally. pv magazine takes a look at the biggest developments of the year to date. Overhang, crystalline, storage and fracking are just some of the watchwords.
Following a squeeze-out, SolarWorld AG has completely taken Solarparc AG over. While the transaction is still to be finalized, it is expected that Solarparc will shortly be delisted from the German stock exchange.
Korea-based photovoltaic module manufacturer, Hanwha SolarOne Co. Ltd has announced a new partnership with U.S. storage system company, Silent Power.
The Intersolar North America tradeshow and conference ended today with a mixed outlook for photovoltaics, and talk of an industry shakeout prominent in discussions.
Uncharacteristically clear blue skies greeted attendees at the fifth Intersolar North America tradeshow, which began yesterday in San Francisco, California. Despite a number of political and regulatory clouds hanging over the event, which includes the Intersolar North America conference, a number of firms remained upbeat about the prospects for photovoltaics in the country.
Solar Millennium AGs insolvency administrator has sold the companys 74.9 percent stake in Flagsol GmbH to Ferrostaal GmbH.
MEMC Electronic Materials subsidiary, SunEdison has sold around 98 MWp worth of photovoltaic plants in Europe in the second quarter of 2012.
On Friday, July 6, Italys ministers signed the new Conto Energia (renewable energy act). It is believed that only an extra 700 million will be made available for photovoltaics. Final security will not be available until the law has been published, however.
Independent power producer, Sonnedix has acquired a 24 MW stake in the 115 MW Toul-Rosieres solar park, located in north eastern France. The financial details were not disclosed.
First Solar Inc., which will close its manufacturing operations down in Frankfurt (Oder), Germany, by the end of the year, has presented the 1,200 workers employed there, with a redundancy plan.
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