More utility-scale PV projects receive environmental green light in Chile
Another two large-scale photovoltaic projects, this time worth around 288 MW, have received the green light from Chiles environmental evaluation commission in the northern Antofagasta region, according to Chile’s environmental evaluation service (SEA).
SMA announces job cuts of over 1,000
On the back of “deep” subsidy cuts in Europe, SMA Solar Technology AG has announced it will reduce its workforce by 450 and terminate 600 temporary workers. Overall, it predicts a “significant” drop in sales due to a “steep” market downturn and growing price pressures.
Solarwatts insolvency proceedings revoked
Solarwatt AGs restructuring plan has been finalized, meaning insolvency proceedings for the German company have been revoked. However, in the next six months, shorter working hours on the production side will be a possibility.
183 MW of PV approved in Chile
Two new photovoltaic projects totaling 183 MW in Chiles northern Atacama region have received the green light for development from the Environmental Evaluation Commission in Atacama.
Satcon files for Chapter 11 bankruptcy
Satcon Technology Corporation and its six subsidiaries have today, October 17, filed voluntary petitions in Delawares U.S. Bankruptcy Court under the U.S. Chapter 11 Bankruptcy Code. The company aims to reorganize its structure, and improve both its balance sheet and capital structure.
Solar Frontier stops production at MP2 PV plant
Japan-based Solar Frontier has announced that production will be suspended at its 60 MW MP2 photovoltaic module manufacturing plant. Around 200 employees will be affected.
SunPower idles manufacturing lines; cuts 900 jobs
As part of its reorganization plan, SunPower Corporation has said it will idle six solar cell manufacturing lines in the Philippines and cut around 900 employees, most of which are based on the archipelago.
First Solar signs 100 MW MOU in Indonesia
First Solar Inc. has signed a memorandum of understanding with Indonesias PT. Pembangkitan Jawa Bali Services (PJB Services) to work on the development of utility-scale photovoltaic projects in Indonesia.
Ontario FIT program deemed discriminatory
According to the International Centre for Trade and Sustainable Development (ICTSD), which was citing a confidential interim WTO dispute settlement report, a panel has agreed that Ontarios FIT system violates WTO rules.
Dead manufacturers walking: Study predicts solar firms' survival
By 2015, seven out of nine of the worlds leading solar module manufacturers will be China-based; and two will be U.S. firms, following a round of flameouts and takeovers in the industry, according to a report just released by Boston-based GTM Research.
