WFES 2013 shines in the light of politics
For the sixth time, top politicians from all over the world met in Abu Dhabi from 15th to 17th January for the World Future Energy Summit.
SiC Processing GmbH preliminary assessment
After the filing for approval of protective shield proceedings on 18 December 2012 the SiC Processing management estimates that after a preliminary assessment that the quota for recovery, if any, of unsecured creditors will be significantly lower than reflected in the company’s bonds’ quoted current market price.
Tough first quarter, but prices to stabilize in 2Q2013
IHS reports that a surge in demand was seen in the final quarter of 2012 for PV modules, despite 3Q 2012 having had low factory utilization rates across the PV supply chain. The first quarter will be tough but thereafter, a substantial increase in global demand is forecast to drive increasing revenues and stabilizing prices in the second half of 2013.
California: Net-metering works
A study commissioned by the Vote Solar Initiative has found that net-metered rooftop solar has the ability to provide more than US$92 million in annual benefits to ratepayers of California’s three investor-owned utilities.
IRENA general assembly 2013
“Despite the global economic crisis, 2012 has been a good year for the development of renewable energies,” declared Adnan Z. Ameen, Director-General of the International Energy Agency (IRENA) on Sunday.
Saudi Arabia: Offgrid plant to be powered by ReneSola
ReneSola has been awarded its first Middle East contract by Taibah University in Medina, Makkah Province in Saudi Arabia.
New York State looks to the sun after a year of severe weather
In his 2013 State of the State Address delivered on January 9, New York Governor Andrew M. Cuomo outlined a comprehensive plan to make the region “the leader in the clean tech economy”, including expansion of the NY-Sun Initiative, a dynamic public-private partnership designed to drive solar industry growth and to make solar installations more affordable for all New Yorkers.
REC reduces poly production at US facility
The polysilicon pricing woes that have beset Norwegian manufacturer Renewable Energy Corporation (REC) for the past few years have prompted the company to reduce production at one if its two U.S. facilities.
Brokers take a shine to Chinese solar manufacturers
With news of the global polysilicon market full of doom and gloom for the past couple of years, the turn of 2013 has seen stock market investors starting to take a shine to Chinese solar firms.
Huge consolidation in upstream solar predicted for 2013
Market research consultant IHS iSuppli has offered a characteristically brutal prediction of the consolidation it expects in the global upstream solar market this year.
