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SMA cuts sales and profit forecast, announces layoffs

The leading inverter manufacturer is lowering its annual sales forecast by up to EUR 450 million and planning to cut 600 jobs worldwide by the end of next year amidst shrinking demand.

SunPower breaks ground on 135 MW Quinto Solar Project

CEO Tom Werner says SunPower’s ownership strategy provides it with a return on investment from its technology while reducing the risk to potential buyers if it later sells the plant.

Industry responds to US anti-dumping ruling

Steep duties imposed by the Department of Commerce criticized by both CASE and SEIA, but SolarWorld applauds decision to ‘level the domestic playing field’.

Developer planning 49 MW scheme on Anglesey

SBC wants to develop a $93m scheme on the Welsh island and is launching a four-week public consultation. UK developers have been emboldened by the recent High Court defeat for the government’s attempt to block solar farms.

U.S. Department of Commerce imposes preliminary anti-dumping tariffs of 26-165%

The U.S. Department of Commerce has issued preliminary anti-dumping tariffs of 26-165% on imports of crystalline silicon solar PV cells and modules from China and Taiwan.

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Report: solar revenues set to double by 2020

New analysis predicts that total solar industry revenues are set to reach $137.02 billion by 2020, doubling 2013 revenues of $59.84. Greenhouse gas reduction, energy self-sufficiency and security are drivers of the industry’s growth, the report finds.

What does a Juncker presidency mean for renewables in Europe?

EPIA CEO James Watson says deeds, not rhetoric, will determine Jean-Claude Juncker’s impact on the development of renewable energy in the European Union.

UK renewables sector cheers carbon budget decision

Legally binding target to cut carbon emissions by 80% will be upheld during the period 2023 to 2027, says U.K. Energy Secretary Ed Davey.

Australia: scrapping of carbon tax unlikely to stop solar

The Australian Federal Parliament voted to scrap the country’s carbon price last week, causing concerns as to the future of PV in the country. However, the Australian Solar Council says that the move won’t halt the growth of solar.

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Study ranks Germany as world's most energy efficient economy

Hot on the heels of its World Cup success, Germany claims another accolade as it is crowned most energy efficient major economy. U.S. lags behind in 13th place.

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