US solar giant First Solar has purchased the 60MW North Star solar project to be located near Mendota, Fresno County, California, from NorthLight Power. Terms of the transaction remain undisclosed.
Suntech Power Holdings European subsidiary, Suntech Power International has gone to a court in its locality in Switzerland to stop bankruptcy proceedings.
Despite the uncertainties plaguing the European and Chinese markets in particular, a new report has revealed that 28.4GW of solar PV capacity was installed in 2012, bringing total global capacity to 89.5GW in the 23 countries in the International Energy Agency's study.
In line with positive predictions for the UK solar industry, the country has completed at least 350MW of solar installations in the first quarter of 2013.
First Solar has made a significant leap in total area module efficiency that has been verified by the US Department of Energy's National Renewable Energy Laboratory (NREL).
Shares in China’s troubled PV manufacturer Suntech rallied yesterday following unconfirmed rumours that US investor Warren Buffet is considering buying the company.
