In a continued effort to return its Energy and Environmental Solutions (EES) division to breakeven, despite two-years of downsizing and restructuring, Applied Materials said it had reduced EES spending per quarter to US$25 million.
The US International Trade Commission (ITC) has ruled that an investigation into anti-dumping and countervailing duties for solar cell products from China and Taiwan will go ahead, following a preliminary phase vote in Washington DC on Friday.
Tier one PV manufacturer, Trina Solar, is acquiring a majority shareholding in Hubei Hongyuan PV Science and Technology, a solar cell producer in China.
A renewable energy research facility will be built in the disaster-hit Japanese region of Fukushima, after the area’s local government and Fraunhofer ISE research institute signed a Memorandum of Understanding (MoU).
Insolvent German PV project developer, S.A.G. Solarstrom, has said it is seeking new investors as part of its restructuring plan will officially open insolvency proceedings on 1 March 2014.
Major PV energy provider (PVEP), SunPower Corp, has revealed it is prepping plans for its next-generation ‘Fab 5’ manufacturing facility that would be on a larger scale than existing facilities.
The latest draft guidelines on state aid by the European Commission have drawn criticism from the European Photovoltaic Industry Association (EPIA), claiming they could “constrain member states' capabilities to reach their 2020 binding renewable targets".