Organic solar film manufacturer, Konarka Technologies, Inc. is the latest solar company to file for bankruptcy protection under chapter 7 of the U.S. Federal bankruptcy laws.
Nanosolar Inc. has secured US$70 million in new capital, which it will use to boost the companys business activities going forward.
Caveat emptor! While photovoltaic modules may have reached the commercial stage of “commoditization”, they are not all the same. According to SolarBuyer, manufacturers are sacrificing quality and reliability in their quest to take shortcuts; something non-transparent supply chains are failing to pick up on.
This week brought encouraging news from China regarding the development of smart grids to help enable the smart and sustainable cities of tomorrow. In addition to the key role solar can play, the need to focus on technology communication was highlighted – if the application is not visualized to the end-user, the adoption rate of the technology will suffer.
A tough month on global financial markets, with the main U.S. indices posting losses of around six percent and Europe, fairing a little worse, was exacerbated for solar stocks, as key governmental decisions impacted upon prices.
The California Energy Commission has introduced new energy efficient standards for all new residential and commercial buildings. The new measures mean that from January 1, 2014, all new buildings must have solar-ready roofs.
In response to the “persistently challenging economic environment”, Komax Holding AG has announced that Komax Solar will lay off around 70 workers.
Element Solar Power (EPS) has said it intends to develop 300 megawatts (MW) worth of solar projects in Chile. The company also unveiled plans to open an “interpretive and educational” center in the Atacama Desert.
Industry experts are currently discussing the future of the German solar market in Berlin, following the amendments to the countrys renewable energy law (EEG).
Q.Cells North America has finally completed construction work on the 69 megawatt (MW) Sault Ste. Marie photovoltaic plant in Ontario, Canada.
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