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Markets & Trends

Intersolar North America: awards honor social and student housing

The Intersolar North America Awards, which took place on Tuesday, the first day of the three-day trade show, recognized landmark photovoltaic projects and production technologies.

Sunny days ahead for module suppliers

Global solar module pricing stabilized in the first quarter of 2013 and some suppliers may even return to profitability this year, according to market research group IHS.

JinkoSolar, Soventix partner in South Africa

China’s JinkoSolar has teamed up with German group Soventix on one of the largest roof-mounted PV plants in South Africa.

Gehrlicher Solar sunk by termination of $110 million bank loan

German photovoltaic group Gehrlicher Solar AG said on Tuesday that its decision to file for insolvency on Friday was prompted by the termination of a $109.5 million loan by a banking consortium. The company added that its subsidiaries Gehrlicher Solar America and Gehrlicher Solar Management remain unaffected by the move.

Dii refutes Desertec claims

Dii comms chief claims Desertec Foundation’s complaint about poor communications is ironic. Spokesman claims his organization read of the foundation’s decision to part company with the consortium via Frankfurter Allgemeine Zeitung. Also predicts forthcoming project announcements in Algeria.

Leclanché secures financing for turnaround plan

Lithium-ion storage solutions manufacturer Leclanché has managed to secure more than $17.62 million in financing after a long and difficult fund raising effort. The company also announced its revenues for the first half of 2013.

Cuba to aid Jamaica on PV module production

Jamaica is partnering with Cuba on its plans to start a solar module production facility on the Caribbean nation.

US: 10 GW PV capacity reached

The solar photovoltaic capacity in the U.S. has now reached the 10 GW milestone. More than 1.8 GW of new solar PV capacity was installed in the first half of this year.

Conergy: operations to continue through insolvency

Four days after filing for insolvency in Hamburg, German solar group Conergy AG said operations at its subsidiaries would continue unchanged. While the company has halted work in Frankfurt an der Oder, it expects production to restart soon.

VC funding fluctuates but downstream and third party continue popularity

Downstream activity secured $128 million of the $189 million of VC funding raised for solar from April to June as third party solar companies raked in $1.33 billion.

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