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Suntech’s Shi steps down

In a surprise announcement, Suntech Power Holdings Co. Ltd has said founder Zhengrong Shi – one of the most prominent solar industry figures – has stepped down from his CEO position. The company will now be led by David King.

PV to lead rapid increase in decentralized power generation over next 5 years

Quickly becoming the new industry buzzword, distributed power generation, led by photovoltaics, is set to “rapidly” expand over the next five years to reach an annual installation rate of 63.5 GW by 2017.

Hanwha confirms Q.Cells interest

A spokesperson for Hanwha has officially confirmed the company’s interest in the insolvent Q.Cells. An offer from the Korean company is expected this week.

Hanwha SolarOne talks North American strategies

At this year’s Intersolar North America, pv magazine caught up with Hanwha SolarOne to discover what its plans for the North American photovoltaic market are.

US to fast track 1.5 GW of solar projects

Under President Obama’s “We can’t wait initiative”, the federal permit and review processes are to be accelerated for seven solar and wind projects. Of these, five comprise solar projects worth a total of 1,550 MW.

Solar ITCs deliver positive IRRs to US government

A new analysis of the U.S. Federal Solar Investment Tax Credit (ITC) claims that both residential and commercial photovoltaic projects supported by the ITC can deliver a nominal 10 percent internal rate of return (IRR) to the U.S. government.

Greece sets new monthly PV record in June

Ninety seven MW worth of photovoltaics were installed in Greece in June, thus setting a new monthly record for 2012. To date, the country has installed 724 MW.

North Africa: Maghreb countries are preparing for the solar sector

With its high solar radiation and growing demand for energy, North Africa is set to become a big future solar market. pv magazine spoke with expert Badr Ikken, director and co-founder of Moroccan-based National Institute IRESEN about the current situation in the region, and its potential.

Germany: 4373.5 MW installed in first half

The German Federal Network Agency has announced that in June alone this year, about 1.8 GW of new PV capacity was added to the grid. Reasons may have been the EEG discussions and the expiry dates for transition periods for larger systems.

Stion: Thin films, big ambitions

During the Intersolar North America, held in San Francisco July 10 – 12, pv magazine took the chance to turn the spotlight on some key firms in the City and Bay Area. Part three of our series features CIGS innovator, Stion.

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