MiaSolé sold for US$30 million
Consolidation of the photovoltaic industry is continuing at pace, with Californian-CIGS manufacturer MiaSolé the latest to be sold at bargain-basement prices. The San Francisco Chronicle published the news over the weekend that the company is set to be sold to the Hanergy Holding Group, with the deal to close on October 31.
US: Congress members urge PV trade case loophole to be closed
Eight U.S. Congress members have written to the U.S. Department of Commerce (DOC), urging it to close a loophole, whereby Chinese photovoltaic manufacturers can export modules containing cells manufactured in countries outside of China, to the U.S.
Updated: Isofotón unveils 300 MW Saudi PV plans
Isofotón and Industrial Systems Corp (INDSYS) have signed a joint venture agreement to install 300 MW of photovoltaics in Saudi Arabia. The two parties will also develop projects across the Middle East, North African (MENA) and Indian regions.
Sharp to sell off Recurrent Energy?
Media reports have indicated that Japan-based Sharp is intending to cut around 18% of its global workforce and sell off Recurrent Energy LLC. While the U.S. company could not confirm the news, it did provide pv magazine its perspective.
EU PVSEC: 300 GW/a PV initiative launched
On the second day of the EU PVSEC tradeshow, Solarpraxis AG and pv magazine launched their 300 GW per year initiative. The goal is to provide a forum for debate and to set an ambitious goal for the photovoltaic industry, as a part of a global energy transformation towards renewables.
US military to spend $1.8 billion on clean energy by 2025, with 'net zero' results
U.S. military spending on renewable energy programs, including conservation measures, is expected to increase steadily over the next 12 years, reaching almost US$1.8 billion in 2025.
Saudi Arabia targeting $109 billion investment for solar
According to media reports, Saudi Arabia plans to meet a third of its power needs from solar by attracting US$109 billion in investment for the establishment of a specific industry. Meanwhile, Mecca is planning to install 100 MW of solar capacity.
PV interest in Uzbekistan increases
Several large photovoltaic power plants are expected to be built in Uzbekistan soon, with the participation of both local and foreign investors.
EU ProSun files second solar complaint
EU ProSun, headed by SolarWorld AG, has filed a second official complaint to the European Commission, this time accusing Chinese photovoltaic manufacturers of receiving illegal subsidies.
Solar inverter plant opens in South Africa
Netherlands-based power equipment supplier, 3W Power/AEG Power Solutions, has officially inaugurated its new solar inverter manufacturing facility in South Africa.
