Becky Beetz
Panasonic and Pristine Sun unveil 50 MW PV partnership
Panasonic Eco Solutions Energy Management North America and Pristine Sun will install 50 MW of photovoltaics in California, the U.S., over the next 24 months. The generated energy will be sold to PG&E.
Italy: PV generation rose 11% in February
While overall electricity consumption fell 8.1% in Italy last month, photovoltaic power generation increased by 11.2%.
Yingli: Net losses hit $0.5 billion; expects to ship over 3 GW in 2013
2012 saw Yingli Green Energy Holding Company Limited record net losses totaling over US$0.5 billion a slight decrease on 2011. Despite this, the company saw photovoltaic module shipments significantly increase. For 2013, it predicts shipments of between 3.2 to 3.3 GW.
EC officially launches solar glass anti-dumping investigation
The European Commission (EC) has officially launched an anti-dumping investigation into imports of solar glass from China into the EU. Provisional duties could be imposed within nine months, while the investigation could take up to 15 months to complete.
Fulai Investments acquires 5 million LDK shares
Following the signing of a share purchase agreement at the start of the year, Fulai Investments Limited has acquired 5 million LDK Solar shares for an aggregate purchase price of US$9.15 million. The remaining shares are scheduled to be handed over by March 28.
SiC Processing self-administration opens
The District Court in Germanys Amberg has ordered the opening of insolvency proceedings in “debtor-in-possession” for SiC Processing. Hubert Ampferl has been appointed supervisor.
Abakus solar plans 18 MW of PV plants for UK
Abakus solar AG’s British subsidiary has been awarded an EPC contract to realize three photovoltaic parks worth 18 MW across the U.K.
Ernst & Young highlights renewable energy trends
Ernst & Young has highlighted a number of renewable energy trends expected to be seen throughout 2013. Among them are a preference for capacity auctions, utility divestment, and corporate investment. Meanwhile, although China topped the firms renewable energy indices, the U.S. took top spot in the solar segment.
Dyesol secures $4 million from Saudi firm
Dyesol Limited has secured strategic investment from The National Industrialization Company of Saudi Arabia, or Tasnee, worth AU$4 million. Potential to expand this investment to $20 million exists. Meanwhile, R&D collaboration and demonstration projects in the Middle East are up for discussion.
First Solar achieves CdTe efficiency record; misses 2012 sales guidance
First Solar has achieved a CdTe photovoltaic cell conversion efficiency of 18.7% in the lab. Meanwhile, although the company recorded impressive Q4 financial figures, the thin film manufacturer missed its revised 2012 net sales guidance, and recorded a number of FY losses.
