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