Syanne Olson

On behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), KfW Entwicklungsbank, has signed a €10 million (US$13 million) loan guarantee with Brazil’s Companhia Energética de Minas Gerais (CEMIG) for the Solar World Cup 2014 project.

Solar module manufacturer Silevo appointed Aaron Thurlow as its Vice-President of sales and marketing, a position that will see him manage the market expansion for the company’s Triex technology.

Photovoltaic solutions company Scheuten Solar has completed a solar power system for supermarket Lidl in Weert, the Netherlands.

Thin-film manufacturer First Solar has released its new Series 3 FS-392 thin-film module, which has a 92.5W rating.

Renewable developer Sempra US Gas & Power has signed a 20-year power purchase agreement with the California cities of Los Angeles and Burbank.

Trina Solar’s PV modules have passed testing and been certified for salt mist, sand blast and for reaching PID requirements by TUV Nord, PVEL and SGS.

Microinverter producer Enphase Energy has completed its 12th solar array with GRID Alternatives, a nonprofit that brings solar technology to communities that would not otherwise have access, on a home in Petaluma, California.

The solar industry is stuck in a cycle of overcapacity and low demand and needs to cut costs in order to conquer lower subsidies and regain profits, according to research.

LDK Solar, a wafer manufacturer, has issued a statement regarding the liquidity and working capital concerns revealed in its annual report, filed in May 2012.