SoloPower confirms reductions, searches for investor
U.S.-based flexible CIGS manufacturer SoloPower has confirmed that it is scaling back its operations, as it searches for a strategic investor.
Continued low booking levels for equipment manufacturers [Updated]
SEMI has released the “4Q12 Worldwide Photovoltaic Equipment Market Statistics Report” with global PV equipment billings and bookings data. The report shows that billings and bookings remain low. Asia dominated sales with China taking the lead.
Asias largest PV airport takes off
The agreement to develop an 11.6 MW installation at Japans New Kansai International Airport has been reached. When complete, it is expected to be the biggest solar installation at an Asian airport.
Surviving the PV module downturn until 2015
NPD Solarbuzz’s latest report shows that a module market downturn and further consolidation are to be expected until 2014. Recovery is forecasted to begin in 2015. Surviving the downturn phase will be a key objective for manufacturers.
Renewables to add 70% of power production capacity by 2030, says BNEF
In the energy sector, 70% of new power generation capacity added between 2012 and 2030 will come from renewable technologies. Solar energy will account for 24% of new power capacity by 2030.
US: Two arrays in April and a CEO to look out for
Cincinnati-based project developer Melink Corporation and Solectria Renewables from Massachusetts commissioned a 2.15 MW solar array at the Cedarville University in Ohio. Recently Solectria’s CEO was also named as “2013 Women to Watch.”
Sunways: Banks cancel $8.6 million credit
In light of the continuing downturn in the European photovoltaic industry, yet another negative announcement was made today by a German company. Banks have cancelled their line of credit worth US$8.6 million to LDK Solar subsidiary Sunways.
Database of US solar performance launched
The U.S. Energy Department has launched an anonymous open source database of the long-term performance of solar projects across the country.
Germany: A brake on Altmaier's "electricity price protection"
The German government has made it official: The proposed “strompreisbremse” or electricity price protection as it is loosely translated, will not materialize since both the states and federal government have failed to come to an agreement. The brake on rising electricity prices is not expected until the next elections in September.
ABB acquires Power-One [Updated]
Power and automation technologies giant ABB has announced the acquisition of Power-One. With this move ABB secures its new position as one of the leading global suppliers of solar inverters.
