News

A quiet solar “revolution” in Australia over the past three years means 11% of the population now use PV technology, a study by the country’s Climate Commission claims.

Canadian Solar subsidiary Canadian Solar Solutions announced that it has reached an agreement to sell five utility-scale solar power plants in Ontario valued at more than C$290 million (US$277 million) to Concord Green Energy.

Irish renewables developer Mainstream Renewable Power has signed an equity investment deal worth €100 million (US$133 million) with Japan’s Marubeni Corporation trading company.

PV manufacturer Goldpoly is continuing its shift downstream with the imminent purchase of projects totalling 300MW from Zhongli Talesun.

A senior executive at Hanwha Solar One has resigned from his position at the company to join Hanwha Group-owned German PV manufacturer Q Cells.

Clenergy has supplied 24MW of its mounting equipment for a rooftop PV system in China, and also completed its first project in Vietnam.

The EU and China have announced more details of the deal to end their long-running solar trade dispute setting a minimum import price linked to industry price reports.

The European Commission has endorsed the deal agreed between its negotiators and the Chinese solar industry last week and will publish the terms of the price-undertaking on Saturday.

In its second quarter 2013 financial results released on Wednesday 31 July, Sunpower posted a return to profit.

The solar industry is on the brink of a sustained period of momentum, according to a bullish research note by Deutsche Bank published on Wednesday.