Big challenges: Raj Prabhu on the SolarWorld insolvency and U.S. solar manufacturing
Today, SolarWorld AG filed for insolvency in Germany, and it is unclear whether or not its U.S. subsidiary will also file. In the following interview, Mercom Capital CEO Raj Prabhu talks about what this means for the U.S. solar industry.
EU ProSun: SolarWorld insolvency “heavy blow” for European solar
EU ProSun has described the bankruptcy of SolarWorld as a “serious blow to the German and European solar industry.” The lobby group, which has long advocated for tariffs against Chinese solar modules, “deplored” the news of the German-headquartered manufacturer’s insolvency – in a statement released minutes after SolarWorld’s official announcement.
Breaking: SolarWorld insolvent
Pioneering solar PV manufacturer SolarWorld AG is insolvent. The company announced today it is “over-indebted” and would immediately file an application for insolvency.
Brexit: Chatham House spells out complexities of UK’s energy relationship with EU
Unpicking the energy ties that bind the U.K. and European Union will prove a monumental task, says Chatham House, requiring immediate insight into which relationships can be salvaged and how a new level of integration can be reached.
Italian solar fund Tages Helios raises another €55 million
The Italian fund announced the closing of its third financing round. To date, the fund has raised approximately €210 million.
Ecosummit 2017: Eneco Group to invest in Next Kraftwerke
Dutch energy company Eneco Group announced its acquisition of a 34% stake in Next Kraftwerke, a German company operating one of Europe’s largest virtual power plant networks. The investment was announced at the Ecosummit cleantech event in Berlin today.
Manz sets up CIGS joint venture with Chinese partners
The German PV equipment provider will partner with Shanghai Electric Group and Shenhua Group to further develop the CIGS technology. NICE PV Research has already started R&D activities.
Study: reasonable cost of capital can make solar competitive in all European countries within five years
According to a new report from (ETIP PV), solar is already competitive with the current low wholesale electricity prices in southern European countries, while in Europe’s northern regions PV can become competitive within the coming five years.
California grid operator gets ready for August eclipse (with graph)
With California getting a higher portion of its electricity from solar than any non-island nation, the stakes are high with this summer’s eclipse. Fortunately, Europe has already been down this road.
Denmark: solar without incentives is possible, but bureaucracy is killing it
Interview: Denmark is planning a future without incentives for solar and renewables, after abruptly closing the “transitional” incentive program for PV installations up to 400 kW in December. The Danish PV market, meanwhile, has now come to a halt. pv magazine asked Peter Ahm, the CEO of PA Energy and Danish representative to the International Energy Agency’s (IEA’s) PV Power Systems Programme, how the Danish solar market can further grow in the short and long term without subsidies.
