Integrated PV manufacturer SolarWorld will lay-off around 500 temporary manufacturing workers in the fourth quarter of this year due to significant price drops on the world market.
An Asian consortium involving China-based PV manufacturer and developer JinkoSolar and Japanese conglomerate Marubeni Corporation has submitted the lowest ever bid for solar PV capacity in Abu Dhabi, standing at US$0.0242/kWh.
Germany-based PV firm IBC solar has signed an EPC contract with Indian conglomerate LN Bangur Group for a 22.5MW solar PV system in near Phalodi in Rajasthan, India.
Oriana Energy, a subsidiary of Sonnedix Group, and Miami-headquartered solar firm Yarotek have started producing energy from a 58MW (45MWac) solar plant in Puerto Rico.
Florida-headquartered solar EPC firm TerraSmart has launched a fully autonomous robot that can perform survey stake-out functions for the US solar industry using NASA space rover technology.
Enel Green Power Brasil Participações (EGPB), a subsidiary of Italian power firm Enel, has started construction of a 103MW solar plant in the State of Bahia, Brazil.
The average severity of insurance claims from the solar PV industry has increased by 87% over the past five years often as a result of extreme weather, according to new research from renewables insurance specialist GCube Underwriting.
Australia’s coalition government has secured support from the Labor Party to cut funding for the Australian Renewable Energy Agency (ARENA) from AU$1.3 billion to AU$800 million.