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TechPrecision creates China-based subsidiary due to solar demand

Following growing demand for local manufacture and machining of components for a “large”, unnamed customer in the solar industry, TechPrecision Corporation has announced it is opening a subsidiary in China.

Russia to build first solar power station

Plans have been drawn up to build Russia’s first solar power station by the Black sea, according to the Moscow News.

First Solar: Germany will not be center of its universe

For years, First Solar has been a role model as a manufacturer who excels at shaving production costs while boosting its module efficiencies quarter after quarter. It’s a favorite solar stock and a bellwether for the industry.

Dow Electronic Materials to build second manufacturing facility in China

Dow Electronic Materials is to build a new manufacturing facility in Eastern China, in order to meet growing material demand and better serve the photovoltaics (PV), printed circuit board (PCB), and electronic and industrial finishing markets in Asia.

California: Prop. 23 defeat as voters say they want clean energy jobs

Proposition 23, which was seeking to freeze California’s goal of reducing carbon emissions by 25 percent to 1990 levels by 2020, and to 80 percent below 1990 levels by 2050 until the U.S. state’s unemployment rate drops to 5.5 percent or less for four consecutive quarters, has been defeated.

Suntech plans 1,000 US jobs

China-based Suntech Power Holdings plans to create more than 1,000 jobs in the U.S. over the next few years, according to China Daily.

Study: appropriate pricing of PV in Germany would reduce electricity charges

A new study, “The True Value of Photovoltaics in Germany”, says the stock market price on the Leipzig-based European Energy Exchange is “unsuitable” as a benchmark for pricing photovoltaic (PV) electricity.

China: PV still at “take-off” stage

China’s photovoltaics (PV) sector is still at the take-off stage, with an “unevenly” developed industry chain, according to a new research report, which investigates the policy and economy risks associated with entering the country’s new energy industry.

China Sunergy acquires 2 module manufacturers

China Sunergy Co., Ltd. has completed the acquisition of 100 percent of the equity interest of CEEG (Shanghai) Solar Science & Technology Co., Ltd and CEEG (Nan Jing) New Energy Co., Ltd. The deal is said to worth around USD$46 million.

Bell Labs to get 1.2 MW solar system

Alcatel-Lucent has announced that a 1.2-megawatt (MW) ground-mounted solar power system is to be installed at the Bell Labs headquarters campus in New Jersey, the U.S.

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