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China to invest in Maltese module assembly
Chinese state-owned Shanghai Electric Power has signed a memorandum of understanding paving the way for a 200 million investment in Malta’s state-owned energy company. The move would be the first step to Chinese module manufacture in the EU.
Aleo Solar AG to close all US operations
German solar module manufacturer Aleo Solar AG dissolves its Denver, U.S. operations with immediate effect, citing a failure to meet recent sales targets.
Irish fund invests 350k in solar technology start-up
The Irish company that has developed a dry process solution for manufacturing solar cells has secured a 350,000 investment from a venture capital fund. Nines Photovoltaics says its production technology can further reduce manufacturing costs.
U.S. solar industry expands 15% in second quarter, but growth leveling off
Although U.S. solar projects increased by 832 MW in the second quarter of 2013, there has been a tangible slowdown in growth, according to new figures released today by the Solar Energy Industries Association (SEIA).
Direct Energy, SolarCity launch $124 million solar fund
U.S. energy giant Direct Energy and Calfornia-based SolarCity are teaming up to provide solar electricity directly to businesses.
Intersolar South America preview
With a predicted 13 GW of capacity by 2017, the lure of South America for PV companies should ensure a positive turnout at the first Intersolar South America trade show. Brazilian and German exhibitors dominate at the Sao Paulo show.
UK's community owned RE progress blocked by councils, group claims
A new think tank report suggests the U.K. could grow its community owned renewable energy sector by 8,800% if councils did not block its development.
Former First Solar VP charged by SEC
Former head of investor relations told selected investors and analysts about loss of loan guarantee in 2011. The formal announcement of the news the next morning caused a 6% share price fall.
Gujarat prepares new solar rooftop policy
State is aiming to encourage 40 MW of rooftop systems, split between residential and non residential systems. Any surplus energy generated by non residential systems would not be eligible for FIT payments.
First Solar and Belectric announce JV
The U.S. thin film giant will supply the modules and Belectric the Balance of Systems for the proposed joint venture. PV Projects will aim to develop schemes in Europe and North America as well as smaller projects in the U.S.
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