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German PV developer derides EU-China deal
The chief operating officer of Gehrlicher Solar says the EU-China agreement “is of no use to anyone” but nevertheless welcomes an end to the dispute-related uncertainty.
Noteholders back SolarWorld restructuring
SolarWorld’s planned debt to equity swap was waved through by creditors on Monday. A second group of noteholders vote on Tuesday ahead of an extraordinary shareholders’ meeting on Wednesday.
Asian rivals might undercut Chinese in the EU
IHS predicts solar manufacturers in Taiwan and Korea will soon be able to offer solar products in Europe below the minimum price negotiated for Chinese products last week.
EU member states rubber-stamp panel trade deal
EU member states voted to accept the EU-China trade deal announced by commissioner Karel de Gucht last weekend. An EU press spokesman said no member state had voted against the agreement.
Solar helps drive NextEra profits
Solar played its part in U.S. energy company NextEra’s profits from April to June but wind is still the company’s favored renewable and the year on year six-month figures were less encouraging.
CentroSolar reports more grim figures
Munich solar manufacturer CentroSolar has little to cheer from its second quarter figures but the auditing of its 2012 accounts has cleared the way for September’s critical debt to equity swap.
Sharp and Panasonic ride the solar wave
Japanese giants see their balance sheets boosted by the domestic solar boom. In response, Sharp announces plan to widen its solar product range and expand its development business.
SunPower big in Japan, boosts Q2 profits
The U.S.’ second biggest solar manufacturer returned to profitability in the second quarter. Operating at full capacity, the company is weighing a fab expansion to meet growing global demand, particularly from Japan.
Electric vehicle battery costs falling
Power systems will fall to $10,000 by 2015 against backdrop of rising EV sales in the U.S., says the Department of Energy.
Inverter market to shrink to $6.7 billion
The global inverter market will shrink 5% in 2013 as price pressures counter rising shipping volumes, but there will be a strong rebound next year, according to IMS Research.
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