Bosch to buy Conergy inverter subsidiary
Bosch Group and Conergy AG have entered into negotiations under which Bosch will acquire Conergys inverter subsidiary, voltwerk electronics GmbH. The financial sum was not divulged.
Solar Millennium files for insolvency
Solar Millennium AG is the latest victim of the weak solar market conditions. Just this afternoon, it announced that it has filed for the opening of insolvency proceedings.
UK: High Court rules FIT cuts illegal
The dramatic struggle over the British Governments dramatic feed-in tariff (FIT) cuts continued today, with the High Court ruling that they were illegal. The slashing of the FIT came into effect on December 12, 11 days before the official consultation period on the policy closed.
Indian solar capacity to hit 33.4 GW by 2022; off-grid potential "huge"
A new report on Indias solar market forecasts that as much as 33.4 gigawatts of both off- and on-grid solar will be installed in the country by 2022. While the National Solar Mission (NSM) aims to install 20 GW, it is believed there are “huge” off-grid opportunities. Furthermore, Rajasthan is expected to become the countrys solar hub.
Sacramento: Google invests in 88 MW worth of PV projects
Internet giant Google, investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR), and solar developer Recurrent Energy are to work on a portfolio of photovoltaics projects worth 88 megawatts (MW) for the Sacramento Municipal Utility District (SMUD).
PV and roofing: Bridging the gap
The PV Taskforce at the Roofting Center, located in Washington D.C., has released a draft report into photovoltaic roof racking. It attempts to bring the photovoltaic and roofing community together, in order to formulate criteria and recommendations as to the most effect roof racking for photovoltaic systems.
Canadian Solar and TransCanada enter into 86 MW PV project agreement
TransCanada Corporation is set to acquire 86 megawatts (MW) worth of photovoltaics projects from Canadian Solar Solutions Inc. (CSSI) for around CA$470 million.
Gehrlicher begins work on 34 MW PV park
Gehrlicher Solar AG today began work on its largest photovoltaic project, a 34 megawatt (MW) system located at Germanys former military Perleberg Airport.
US-China trade debate moving to India
According to various media, India is considering following in the footsteps of the U.S. and launching its own investigation into Chinese solar imports.
Würth and Manz sign transfer agreement
Würth Solar and Manz AG have signed the transfer agreement, which will see Manz taking over Würths CIGS operations at Germanys Schwäbisch Hall.
