SolarWorld enters insolvency
Almost three months after announcing provisional insolvency proceedings, the German module maker has now entered the insolvency process. The company, however, is currently negotiating with a potential investor for the takeover of its two German production sites.
SMA expects strong 2017 as firm raises annual forecast
The German solar inverter specialist has increased its earnings forecast for the year to between €900m and €950m as orders swell.
Kazakhstan’s Akmola Region prepares to host 100 MW solar power plant
The $165 million PV plant will be constructed by local company KBEnterprises with the support of ABB.
Study finds that storage prices are falling faster than PV and wind technologies
A study from the University of California and TU Munich in Germany shows that long-term R&D spending played a critical role in achieving cost reductions.
Germany registers a further 200 MW of PV in June
In the first half of 2017, new additions totaled 900 MW, while cumulative installed PV capacity has now crossed 42 GW.
France’s 500 MW tender for large-scale solar concludes with average price of €55.5 /MWh
Overall, the French government allocated 507.6 MW in the tender, which was open to ground-mounted PV systems between 500 kW and 17 MW in size.
Reuters: Shareholder from Qatar may save SolarWorld
The Qatar Foundation is to be a prospective investor. SolarWorld’s provisional insolvency administrator refused to comment on the reports, but was optimistic that a short-term solution could be reached for two production facilities in Germany.
Wacker reports further drop for polysilicon prices
Wacker’s polysilicon division saw its sales decrease in the second quarter, despite the group’s turnover growth.
Recom resumes manufacturing activities at French factory
The German-headquartered solar manufacturer, which acquired the manufacturing facility from insolvent French module maker Sillia in June, said the factory has already orders totaling 20 MW.
Solaria Energía buys 10.9 MW solar plant in southern Spain
The Spanish company acquired the solar park, located in the region of Extremadura, for €61.5 million.
