Becky Beetz
Hanwha signs Q.Cells takeover contract
After months of speculation, the insolvent Q.Cells has confirmed the Hanwha Groups interest in taking it over. While the two parties have signed a contract, the acquisition must still be approved by Q.Cells creditors.
APAC region driving global PV demand as industry transitions
According to new figures, the Asia Pacific (APAC) region in particular is set to experience significant end of year photovoltaic demand. Meanwhile, conditions are expected to remain challenging in the more established markets.
JinkoSolar reports improved Q2 financials
Chinese photovoltaic player, JinkoSolar has seen many financial improvements in Q2 2012, unlike many of its peers. While losses were recorded, particularly compared to Q2 2011, positive progress from Q1 has been made.
IPVEA calls for PV associations to unite against EU trade case
The International Photovoltaic Equipment Association (IPVEA) has criticized the trade complaint filed by a SolarWorld-led consortium in the EU against Chinese photovoltaic manufacturers. In response, it has called for the industrys associations to unite.
Italy to be knocked out of top 3 PV markets
New figures have revealed that new global photovoltaic installations surpassed 13 GW in the first six months of 2012. In 2H almost 18 GW is expected to be added. For the FY, Germany, China and the U.S. will be the leading markets, while Italy will fall into fourth place.
China concludes US solar subsidies violate WTO rules
Chinas Ministry of Commerce (MOFCOM) has concluded that 6 renewable energy subsidies in the U.S. violate provisions made under the WTO Subsidy and Countervailing Measures Agreement and the Article 3 of 1994 General Agreement on Tariffs and Trade. It is now seeking to have them cancelled.
AQT Solar seeks support
According to reports, thin film copper indium gallium selenide (CIGS) manufacturer, AQT Solar is looking for support in the form of a new partner or buyer.
Switzerland cuts PV tariffs for a third time
Photovoltaic feed-in tariffs (FITs) in Switzerland will be reduced for a third time this year, from October 1.
NY signs legislation to boost solar development
New York Governor, Andrew M. Cuomo has signed a series of bills, which aim to boost the uptake of solar in the U.S. state. Overall, 3 measures have been introduced: tax credits; sales tax exemptions; and real property tax abatement extensions.
Japan: Orix to install 200 MW of solar
According to reports, Japan-based Orix Corp. will invest a total of 54 billion yen, or US$680 million in the installation of 200 MW of solar projects.
