Plans for 'world's largest solar farm' collapse
Threat of lawsuits fly back and forth as Maltese developer of the OneGiga project claims the land offered by the Serbian government was inappropriate and Belgrade officials say the Maltese company broke an investment agreement.
EU Prosun keeps anti subsidy pressure on EC
The European manufacturers’ lobby group welcomes the announcement the anti subsidy investigation into Chinese solar products will continue in a bid to prevent the EC quietly letting the complaint disappear.
PV could power a third of western US by 2050
Computer modellers say $1/W solar could displace gas, nuclear and CCS and pay for the cost of introducing a carbon cap.
NRG Energy's alternative energy division drags on figures
Quarterly losses from the Alternative Energy division of the U.S. power company widened to $29 million year on year but solar farms did their bit for NRG’s Yield infrastructure division.
Las Vegas thin film company offered Brazilian incentives
PacWest says the Brazilian government is offering it incentives to set up a CIGS production line in the country.
Sunways negotiates out of wafer supply deals and insolvency
The Kostanz based solar manufacturer has agreed to settle two long term wafer supply deals with a one-off payment and has rescheduled its bank debts. Sunways now expects to exit insolvency.
SolarWorld shareholders approve rescue plan
The restructuring deal will give creditors a major stake in the company while drastically reducing the stock of existing shareholders. The move may not be enough to insure SolarWorld’s long-term prospects, says one analyst.
SunEdison suffers Q2 loss but sees growth in solar project pipeline
SunEdison reported a “solid execution” in its semiconductors segment and a continued growth in its solar project pipeline despite $102.9 million net loss in the second quarter.
Phoenix Solar narrows half-year loss, posts Q2 operating profit
Germany’s Phoenix Solar has achieved its first quarterly operating profit since 2010 while posting a half-year net loss. Now focusing on foreign markets, it generated more than 90% of its revenue from international business.
SMA sees half-year sales drop 45% as losses grow
SMA posted a hefty loss as sales plunged in the first six months of 2013, but the inverter manufacturer is expanding operations abroad and hopes to benefit from the trend towards energy management and hybrid systems.
