Solarwatt on the brink of insolvency
Talks with an investor, which should, in the short term, eliminate the debt of Solarwatt AG, have failed. As such, the photovoltaic company will probably have to register for insolvency with the District Court. Update: In-house restoration is sought.
Aleo to close Spanish module factory
Germanys aleo solar AG has today announced it will close its photovoltaic module factory in Santa Maria de Palautordera, Spain, by the end of the year at the latest. Ninety-two jobs will go.
Australia: First Solar to install 159 MW of PV
First Solar has announced it will work on two photovoltaic projects worth 159 megawatts (MW) under Australias Solar Flagships Program.
Intersolar: A view to post-FIT PV
Markets in which photovoltaics can be a true competitor with traditional energy sources was one of the themes emerging from the first day of the Intersolar Europe Convention, which began in Munich yesterday. German market integration measures, future developments in Spain and the importance and potential of storage technologies all emerged as themes.
Trina Solar: EU trade case major setback for PV
With only days to go before Intersolar Europe opens its doors, talk of an EU trade case – similar to the U.S.-Sino one – is becoming more common on the photovoltaic rumor mill. Chinese manufacturer Trina Solar has made adjustments to cope with the provisional tariffs imposed and Ben Hill, President of Trina Solar Europe, spoke to pv magazine about its possible implications and more.
"Kickstarter for solar" raises US$2.5 million
California-based Solar Mosaic has received US$2.5 million in funding to expand its solar-crowdfunding model. While details are scarce and the website still under development, the companys model is widely tipped to allow investors to fund a part of a solar installation, through its online portal and profit from the proceeds.
Amendment: Global Solar Energy seeks investors
Flexible CIGS manufacturer, Global Solar Energy has announced it is looking for new investors to come on board, in order for business to progress to the next phase.
US: Talesun and CGN Solar to install 500 MW PV
Talesun Solar USA, Ltd and CGN Solar USA have reportedly signed a Cooperation Framework Agreement under which they intend to install 500 megawatts (MW) of photovoltaics in the U.S. by 2015.
Croatia announces drastic FIT cuts
The Croatian government has drastically lowered the countrys renewable energy feed-in tariffs (FITs). The period for which they are paid, however, has been extended.
A complete management system
At Intersolar Europe, Kyocera will present a concept that enables the generation and storage of solar energy and heat.
