Saint Gobain has opened its new Solar Gard manufacturing facility in Qingdao, China.
KLA-Tencor has announced it will be immediately halting its solar inspection operations, due to declining business opportunities and a weak market outlook. No impact on the companys financial or operational results are expected.
New photovoltaic installations worth over 31 GW are predicted for 2012, despite continuing overcapacity and price declines. Forecasts are that the global industry will return to growth in Q2 2013, and will regain lost ground in Q4.
A one GW, 1.75 billion photovoltaic project has received the green light in Serbia, after the government and project developer, Securum Equity Partners & Associates signed a binding framework agreement on October 25. Construction is scheduled to begin next April.
Singulus Technologies has announced it will reduce its solar workforce in Fürstenfeldbruck, Germany, by 40% by the end of 2012, on the back of a market decline for silicon solar cells. The company will expand its thin film operations, however.
Enerparc AG has completed and grid connected a 52.7 MWp photovoltaic park in Germanys Brandenburg.
Dow Corning Corp.s Q3 2012 financial results have been significantly impacted by polysilicon oversupply, depressed prices and solar uncertainty.
President Ollanta Humala has inaugurated two photovoltaic plants, Repartición and Majes, worth 44 MW in the Majes and La Joya districts of Peru.
The merger between NRG Energy Inc. and GenOn Energy Inc. has been sanctioned by the Public Utility Commission of Texas (PUCT). There are still a number of other approvals to be received, however, before the transaction can be completed.
Wacker Chemie AG has announced production at its new Tennessee polysilicon facility will be delayed by 18 months. Overall, the company has reported “significantly” decreased sales in its polysilicon business on the back of consolidation, overcapacity and sustained price pressure in the solar industry.
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