Etrion's Italian PV portfolio hits 60 MW
Etrion Corporation has completed its 10 megawatt (MW) Helios ITA-3 solar project in Puglia, Italy, thus bringing the company’s photovoltaic portfolio in the country to 60 MW.
Former Conergy chairman hits back; production closure status updated
On Thursday, Conergys supervisory board filed suit against four former board members. Now the former chairman is defending himself against the allegations. In other news, there are reports that Conergy only plans to manufacture solar modules in Frankfurt/Oder.
Germany: PV generation overtakes hydropower for the first time
In the first half of 2011, renewable energy broke a new record, having met more than 20 percent of Germanys electricity demand. Also for the first time, photovoltaic generation overtook hydropower.
SpectraWatt files for bankruptcy just months after laying off workers
According to various media reports, solar cell manufacturer SpectraWatt Inc. has filed for bankruptcy. The news comes just months after the company laid off over 100 employees.
GT Advanced Technologies acquires Confluence Solar
GT Advanced Technologies Inc., formely known as GT Solar, has acquired Confluence Solar Inc. for USD$80 million.
Conergy sues 4 former board members
The dust apparently refuses to settle at the Hamburg-based photovoltaic company. Conergy has now decided to sue four of its former members of the board for violations as established under the German Stock Corporation Law.
Japan: Renewable energy signed into law
While details of the scheme are pending, photovoltaics looks set to receive a major boost in Japan with a renewable energy bill passing through the upper house of parliament today. Analysts Jefferies predict solar to be the big winner under the scheme and said that the law, will become an eventual feed-in tariff (FIT).
REC extends PV production shutdown
REC has extended its photovoltaic production shutdown in Norway until the end of the year.
Hanwha SolarOne posts Q2 loss
In another sign of a tough photovoltaic market, Chinese cell and module manufacturer Hanwha Solar Co. has posted a small loss for the second quarter (Q2) of 2011. Reduced gross profits and increased operating expenses were blamed for the RMB32.3 million (USD$5 million) loss.
China: Schiller wins contract to equip new thin film factory
Schiller Automation GmbH & Co. KG will supply automation equipment to an unnamed Chinese customer for a new 120 megawatt (MW) photovoltaic thin film factory.
