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Japan: Work to begin on 5.2 MW PV project

Sanko Real Estate Co. Ltd, Solar Frontier and Chiyoda Corporation are gearing up to begin work on a 5.2 MW photovoltaic plant in Japan’s Ise City, Mie Prefecture.

SiC Processing AS announces insolvency

Norway-based SiC Processing AS has submitted a petition for insolvency at Norway’s Porsgrunn district court.

Work on 92 MW US PV plant complete

Construction work on the first phase of a 150 MW photovoltaic plant has been completed by Sempra U.S. Gas & Power in Boulder City, Nevada. Overall, the project is scheduled to be finalized in 2015.

LDK and CIC Group to cooperate on PV projects

Germany-based CIC Group has announced that it will work on photovoltaic projects for LDK Solar. It will also act as a distributor for the Chinese manufacturer.

Meyer Burger to cut workforce further

Meyer Burger Technology Ltd has announced it will cut around 250 jobs across the group. The Swiss company has already reduced its workforce by around 500 this year. The challenging photovoltaic market conditions have been cited as the reason.

Solar Millennium transfers 26% stake in 50 MW Spanish solar project to STEAG

The insolvent Solar Millennium AG has officially transferred its 26% stake in the 50 MW Arenales Spanish solar project to Germany’s STEAG 1 Beteiligungsgesellschaft GmbH.

US announces Asia-Pacific energy partnership

The Presidents of the U.S. and Indonesia, and the Sultan of Brunei have proposed the formation of U.S.-Asia Pacific Comprehensive Partnership for a Sustainable Energy Future. Under the partnership, the U.S. has said it will provide up to US$6 billion in support.

Interview: GE Power Conversion on PV inverters, competition and storage

Last September, GE Energy invested US$3.2 billion in acquiring Converteam. In an interview with pv magazine, Stefan Franko, business leader for renewables at GE’s Power Conversion business, talks about photovoltaic inverter technology, global markets and what the GE acquisition has brought to the Converteam table.

Suntech reduces PV production; announces job cuts

China-based Suntech Power Holdings Co., Ltd has announced it will reduce photovoltaic module production by over 30% at its facility located in Arizona. It will also cut around 50 jobs.

Yingli issues preliminary Q3 guidance

Yingli Green Energy Holding Company Limited has issued preliminary Q3 2012 earnings results. Overall, it expects photovoltaic module shipments to decrease and a negative gross margin.

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