SolarWorld CEO Frank Asbeck has told Germany’s Handelsblatt that the company is interested in a part of Bosch’s solar cell production unit.
ReneSola has signed a deal with EPC Enerparc AG to deliver 43.6 MW of modules between April and June this year. 35 MW will be delivered via ReneSola’s OEMs in Poland and India.
Power-One, Inc. and Phono Solar have started an Exchange Testing Program. The two companies will exchange products for review and inspection in their own testing facilities.
SolarWorld AG has said it expects a loss of more than half a billion euros. The German company has also reported the loss of around half its share capital.
When Suntech defaulted on $541 million of convertible U.S. bonds in March, solar players across the world were watching. The very public, and long-expected, failure of the former poster boy of solar, Zhengrong Shi, has left the PV industry asking what Wuxi Suntechs insolvency means for solar.
The Japanese Ministry for Economy, Trade and Industry (METI) has announced that the total combined renewable energy capacity between April 2012 and January 2013 has reached 1,394 MW. Photovoltaic capacity alone accounted for 1,392 MW.
Joint Secretary of the Indian Ministry of New and Renewable Energy (MNRE), Alok Srivastava seeks German cooperation to bring grid integration technology to India.
An affiliate of the Hefei City government in China has agreed to purchase LDK Solar subsidiary, LDK Solar High-Tech (Hefei) Co., Ltd for around RMB 120 million (US$19.4 million, 14.7 million). Originally the subsidiary was to be sold to the Shanghai Qianjiang Group. LDK expects to occur a loss of $80 million to $90 million.
Solimpeks subsidiary, Seiso is currently working on a 500 kW photovoltaic rooftop plant in Turkey. It is expected to be one of the biggest projects of its kind in the country, when completed next month.
According to reports, Suntech Power Holdings Co. Ltd may sell its stake in the Global Solar Fund Sicar (GSF Sicar), in a bid to reduce its over US$2 billion debt mountain.
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