U.S.-based Advanced Solar Photonics, LLC (ASP) has announced it is increasing production of its 400 Watt monocrystalline photovoltaic panels on the back of growing demand.
MEMC Electronic Materials Inc. has recorded “sharply” declining revenues in its solar business. For the full year, the company has declined to provide guidance. However, it expects system prices to drop to US$3.50 per Watt.
Right-wing lobby group Americans for Prosperity (AFP) has willfully misquoted pv magazine in a US$6.2 million dollar campaign aimed at discrediting the Obama administrations support of solar schemes.
Photovoltaics can become a mainstream energy source, says EPIA, if the right policy conditions are in place. It predicts that around 20 to 25 GW could be installed annually in Europe, up to 2016, and between 38 and 77 GW outside of Europe. However, the possibility of a market collapse exists, if the industry is not adequately supported.
Positioning itself to become one of the largest solar markets globally, the governments King Abdullah City for Atomic and Renewable Energy (KA-CARE) has announced Saudi Arabia’s ambitious plans to install 41 gigawatts (GW) worth of solar by 2032.
The European Commission has approved 12.9 million worth of state aid for Masdar PV GmbH to install a second photovoltaic module production line in Germany.
U.S.-based Westinghouse Solar Inc. and Australian CBD Energy Ltd have signed definitive merger agreement, which has been approved by both companies board of directors. Under the agreement, Westinghouse CEO, Barry Cinnamon has been replaced by an interim CEO.
Yingli Green Energy Holding Company Limited has partnered with Light ESCO, EDF Consultoria and the State of Rio de Janeiro to install photovoltaic modules at Brazilian football stadium, Estadio do Maracana in time for the 2014 FIFA World Cup.
Martifer Solar has formed a partnership with Hanwha SolarEnergy and Hanwha SolarOne to install a 17.6 megawatts peak (MWp) photovoltaic plant in the Lisbon area of Portugal.
Berlin-based Soltecture GmbH is the next German photovoltaic company to file for insolvency. Attorney Hartwig Albers of law firm Brinkmann & Partner has been appointed provisional liquidator.
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