Bankruptcy or acquisition facing half of PV manufacturers
“At least” half of the worlds existing photovoltaic manufacturers will either go bankrupt or be taken over, according to Ernst & Young and Bloomberg New Energy Finance (BNEF). Meanwhile, they have identified three key solar trends: financing innovations; residential grid parity; and the trading of large project portfolios.
Motech to sell US polysilicon facilities
Motech Industries Inc. has announced it will sell off its U.S. polysilicon manufacturing operations, due to the “drastically” changing solar industry and weak economies of scale.
Germany: Record 40 percent solar weekend
Early summer weather has seen Germanys photovoltaic power plants feed 22 gigawatts (GW) back into the grid in a 24-hour period. In fact, so high was production that on Saturday at midday, 40 percent of the countrys total energy demand was supplied by solar power.
Australia: 210 MW shortlist emerges
The Australian Capital Territory (ACT) has reached the final stage of its selection process for a scheme in which 210 megawatts (MW) of large-scale solar projects will be added to the territory. The smallest of Australias states and territories, the ACT hopes to become the countrys photovoltaic leader.
Canadian Solar delivers 8 MW to landfill plant
Chinese photovoltaic manufacturer, Canadian Solar announced today that it has delivered eight megawatts (MW) of modules to a project, on a former landfill site, in the German state of Hesse.
Conergy opens 8 MW park in Germany
German photovoltaics manufacturer, Conergy has opened an eight megawatt (MW) solar power plant in Grimmen, near Germanys Baltic Sea coastline. Around 35,000 Conergy PowerPlus modules were used in the installation, which is spread over 20 hectares.
India: Kashmir's move towards solar
An 18 kilowatt solar power plant at a sub-district hospital in Charar-i-Sharief, located in the disputed northwestern Indian region of Jammu and Kashmir, was inaugurated today. A high level meeting also took place to iron out energy issues in the state.
Goldman Sachs banks on renewable energy
News agency Reuters has reported that Goldman Sachs Group Inc has set its sites on investing US$40 billion into renewable energy projects over the next decade.
Samil Power takes on 2.6 GW PV project in China
Inverter manufacturer and project developer, Samil Power Co. Ltd has signed an agreement worth US$4.8 billion, under which it will install a total of 2.6 gigawatts (GW) of photovoltaic plants.
MiaSole hits 15.5 percent efficiency with flexible CIGS module
MiaSole has reached a new copper indium gallium selenide (CIGS) thin film photovoltaic module efficiency. The results have been confirmed by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL).
