Preliminary insolvency proceedings open for Odersun
Having filed for insolvency and self-administration at the end of March, Odersun AG has been unable to find an investor. Consequently, a local court in Germany has ordered the opening of preliminary insolvency proceedings.
Operations begin on 25 MW PV plant in India
SunEdison has completed a 25 megawatt (MW) photovoltaic plant in Gujarat, India. It is scheduled to be inaugurated tomorrow, April 19. In related news, Waaree Energies Pvt. Ltd has grid-connected a five MW plant in Rajasthan.
Ethiopia to get its first PV assembly plant
Ethiopia is to have its first ever photovoltaic module assembly plant after two global solar firms struck a deal with a local company to set the facility up.
Bechtel to build 110 MW PV project in California
Bechtel has been awarded an EPC contract to undertake the 110 megawatt (MW) Catalina Solar Photovoltaic Generating Project by enXco. The company will also build the necessary transmission line.
First Solar: Market, product or government policy behind restructure?
In the wake of First Solars dramatic announcement that it was shedding 2,000 jobs, ending production in Germany and idling two production lines in Malaysia, the focus has turned to whether market conditions, feed in tariff cuts (FIT), or the companys product is behind the drastic measures.
Polysilicon prices forecast to fall further
IHS iSuppli predicts that polysilicon prices will fall to US$22 per kilogram by the end of the year, due to the continuing production surplus. The company adds that prices vary, depending on both contract type and purity level. These changes, it says, will change the way polysilicon is bought and sold in the future.
Quanta Power awarded 70 MW EPC contract by GCL Solar
Quanta Power Generation, Inc., a subsidiary of Quanta Services, Inc., has won two contracts from GCL Solar Energy, Inc. under which it will provide EPC services for two U.S. photovoltaic plants worth 70 megawatts (MW).
Thin film fights for survival
Just a day after First Solar announced the closure of its Frankfurt (Oder) facility in Germany and the loss of 2,000 jobs, GTM Research has released a report which asks “Is the window closing for thin film PV?”
Q-Cells insolvency proceedings expected by July
Photovoltaic manufacturer, Q-Cells SE is currently looking for an investor. The company is weighed down with debt, however.
Korea: STX Solar sets ambitious manufacturing goals; to install 86 MW
Korea-based STX Group is renowned for its ship building and trading activities. However, since 2009, the company has been steadily ramping up its solar cell production, and launched its first module in 2011. In an interview with pv magazine the company talks about its photovoltaic factory plans and large-scale project ambitions.
