Gehrlicher Solar AG has become the latest German solar company to file for insolvency as the ongoing crisis continues to take its toll.
Module manufacturer Aleo Solar AG has reported that it expects a plunge in revenue. The profound decline in demand in Europe and the price erosion have been quoted as reasons.
The Thai government has approved 29.5 MW of new solar projects as demand for electricity continues to rise.
Gujarat’s utility company is recommending a reduction in the tariff rate it pays for solar power from the current price of US$0.21 a kilowatt hour to about US$0.15.
SolarWorld gathered its noteholders for a second round of meetings today. This time attorney Alexander Elsmann was appointed to represent all noteholders.
Chinese solar PV manufacturers are eyeing a possible move to Greece in an effort to mitigate the impact of EU anti-dumping tariffs. Chinese operations at the Port of Piraeus in Athens could help.
Phoenix Solar and Silicon Ranch Corporation have joined forces to build a 38.6 MW solar plant in the U.S. state of Georgia. Georgia Power will buy the generated electricity under a 20-year PPA deal.
German solutions provider Conergy filed for insolvency on Friday at the Hamburg District Court. Subsidiaries Mountain Systems and Conergy SolarModule also opened insolvency proceedings. Conergy’s management board expects German employees will recevie state-funded “insolvency wages” for the next three months.
Juwi installs 10.5 MW plant in southern France. Company claims the development was nothing to do with the government call-for-tender system, launched in 2011.
Daqo and GCL-Poly deny they have raised production levels ahead of the expected imposition of duties on foreign polysilicon in China. Demand is driving our output, say both as EU-China trade talks reportedly near resolution.
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