Arizona utility rate changes could price solar out of Phoenix
Municipal utility Salt River Project has proposed changes to its rates for customers who install rooftop solar, which advocates say will destroy the solar industry in its service territory.
Is the oil price slump a boon for solar?
As global oil prices hit a five-year low, the fossil fuel industry is facing a gathering storm that could spell great news for the solar power industry.
NextEra Energy and Hawaiian Electric to "merge"
A $4.3 billion deal has been announced today that will see NextEra and Hawaiian Electric Industries merge. NextEra will pay $2.6 billion for the Hawaiian utility, and assume $1.7 billion of the utility’s debt.
Top 10 module suppliers in end-of-year reshuffle, says IHS
Revised full year forecasts from the world’s leading solar module manufacturers prompt top 10 reshuffle, according to newly combined Solarbuzz and IHS.
Soitec achieves 46% multi-junction cell for CPV
France’s Soitec has achieved 46% conversion efficiency with one of its multi-junction solar cells. Soitec claims the high efficiency cell tops its previous world record announced in September 2013.
E.ON brand turns its back on fossil fuels
Germany’s largest utility will spin out of fossils fuels and towards renewables in response to changing dynamic of energy landscape.
SMA reduces 2014 guidance for second time, will increase layoffs
SMA has significantly reduced its sales guidance for 2014. In its new guidance, the German inverter supplier expects sales between EUR 775 million and EUR 790 million, down from EUR 850 million and EUR 950 million. “Significantly more” than the 600 jobs previously announced will be lost.
pv magazine weekly news roundup: Nov 21-28
Assault of batteries shapes the week, while the good vibes of the 15th Forum Solarpraxis are punctured by the news of SolarMax’s insolvency.
SolarMax to file for insolvency
SolarMax will become the latest inverter victim of Europes declining PV market when its parent company, Sputnik Engineering, files for insolvency this week.
Chinese-owned Elkem to buy REC Solar
Bluestar Elkem, a division of the state-owned China National Chemical Corporation, has made an offer to buy the Norwegian PV module manufacturer for $640 million in a move that could secure a European beachhead for a major Chinese player.
