German economics minister seeks PV self-consumption readjustment
Sigmar Gabriel responds to criticism from within the ranks three states demand the industry remains exempt from EEG reallocation charge.
Japan gives final approval for 11% FIT cut
The move, finally confirmed today, will reduce the solar feed-in tariff to $0.31 cents per kW for 20 years, beginning on April 1.
ReneSola posts annual increases in revenue, net loss
The company achieved a performance record in the fourth quarter of 2013, however, including a net profit and a 58% increase in module shipments.
Meyer Burger sees revenue drop despite increase in orders
An influx of orders in the latter part of 2013 came too late to boost sales for the Swiss engineering company, which saw annual losses increase 47%.
First Solar announces vigorous 2014 outlook
The U.S. solar company’s financial guidance predicts net sales to reach $4bn this year as plans are announced to boost rooftop growth.
Suntech Singapore facing financial sanctions after payment default
The Singapore arm of Suntech Power Holdings Co., Ltd. has also had its equity interest in a core subsidiary frozen by Shanghai’s People’s Court as liquidators move in.
Austria follows German lead on solar self-consumption fee
The Austrian Ministry of Finance has introduced a grid fee for PV systems that produce more than 5,000 kWh per year.
Hanwha SolarOne losses shrink amid soaring shipments
Solid demand from Japan and China saw the solar company end 2013 on a high, forecasting further growth for 2014.
Solon shifts global HQ from Berlin to UAE
The solar module producers evolution to international markets has prompted the company to relocate its headquarters to the emerging Middle East.
Platinum files for insolvency
The German inverter manufacturer opens bankruptcy proceedings, citing poor market conditions.
