Australian module suppliers accused of making false claims
Australias Competition and Consumer Commission (ACCC) is prosecuting companies trading under the names Euro Solar and Australian Solar Panel. The firms are accused of claiming that their solar modules were Australian-made, when in fact they were imported from China.
Court orders official insolvency proceeding for Sunways
Due to a third-party application, insolvency proceedings for Sunways are now officially open. The 100% wholly-owned subsidiary in Arnstadt, Germany is also affected.
SER Energia planning 960 MW of PV projects in Brazil
SER Energia is aiming to install 960 MW worth of photovoltaics in Brazil. Already, it has registered 930 MW with the countrys electricity regulatory agency, spread across 31 projects. An investment of around US$1.5 billion is expected.
Phoenix Solar posts Q1 net loss of 5.8 million as its shifts focus to Asia, US
German PV group Phoenix Solar saw its net loss grow from 1.2 million to 5.8 million in the first quarter of the year as revenue declined 19.4% to 30.6 million from January to March.
Centrosolar sells subsidiary to Belgian solar glass manufacturer
Centrosolar Group AG announced yesterday that it has sold its subsidiary Centrosolar Glas GmbH to Belgian solar glass manufacturer Ducatt NV for a symbolic price, as part of its restructuring program, according to a company statement.
SolarWorld to meet creditors, discuss restructuring
Troubled solar panel maker SolarWorld will host creditors next month at two separate meetings with the goal of appointing creditor representatives and outlining its efforts to restructure.
Myanmar: 210 MW solar plant in the planning
According to various media, US$275 million is expected to be invested in the development of a solar power plant in Minbu, Myanmar. If construction is completed, it will be one of the largest plants of its kind in the world, with an installed capacity of 210 MW.
World PV market growing well beyond Europe
The development of the global PV market last year and future growth forecasts clearly show that Europes leading role in driving the industry is coming to an end as the rest of the world embraces solar power and market dynamics shift, according to a new report by EPIA.
EU plans provisional average AD duties of 47% on Chinese PV imports
EU commissioners today backed the EU trade chief Karel De Guchts proposal to impose provisional anti-dumping (AD) duties of an average 47% on Chinese photovoltaic imports as of June 6, an anonymous source close to the EC confirmed to pv magazine.
Global Solar Alliance announces expansion
Renewable Energy India and Green Energy Expo & Conference (Korea) have joined the Global Solar Alliance, which aims to create more competition for the organizers of Intersolar. There was little new in terms of the EU trade dispute, however, despite it being one of the dominant themes at the opening ceremony of the Global Solar Summit.
