Solar inverter manufacturer SMA Solar has raised its profit expectations for this year, due to the fact it sees the global solar market growing at least 30 percent faster than it previously forecast.
Lawyer Dr. Sebastian Henneke of Registry hrm Henneke, Ropke, Messerschmidt in Germany has been appointed as the provisional liquidator for the insolvency proceedings over the assets of Meier Solutions GmbH in Bocholt.
Publicly funded demonstration projects and trials (DTs), such as those for photovoltaics (PV), are vitally important for developing low-carbon technologies in the fight against global warming. However, according to new research from the Advanced Institute of Management Research (AIM Research), the process of innovation needs to be managed holistically for DTs to be effective.
China-based ET Solar Group Corp. has completed a 1.9 megawatt (MW) ground mounted photovoltaics (PV) power plant in eastern Germany. It has already been connected to the grid.
French group Tenesol has invested 1.5 million to increase the capacity of its South African solar module factory, based in Cape Town, to 85 megawatts (MW) per year.
The Indian Ministry of New and Renewable Energy has unveiled new guidelines for off-grid and decentralized solar applications, which are to be achieved as a part of the National Solar Mission. Rooftop and other small solar power plants are also included.
President Barack Obama has announced that USD$1.85 billion in conditional commitments will be made available in the form of loan guarantees to two U.S. solar companies. As a result, one of the worlds biggest solar plants is scheduled to be built in Arizona, while around 5,000 jobs are expected to be created.
Chinese solar power system manufacturer Yingli Green Energy Holding Co. aims to triple solar panel production capacity in the next three years to three gigawatts a year at a total cost of roughly 200 billion yen (around USD$2.2 billion; 1.8 billion), says Japanese news source Nikkei.
First Solar, Inc. has formed a utility systems business group to address the large-scale photovoltaic (PV) system solutions market. Jens Meyerhoff, 45, has been named president of the group.
Wacker Chemie AG has concluded its acquisition of a silicon metal production site in Holla, Norway from the Fesil Group. The deal is worth 65 million.
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