GE Ventures, part of global power equipment giant General Electric, has taken part in a US$15 million equity investment in leading US solar rooftop installer Sungevity.
PV equipment specialist, Spire Corporation, has been delisted from the NASDAQ stock exchange after failing to restore its share price to the US$1.00 per share minimum after 360 days.
India's largest power company, NTPC, has chosen PV developer Tata Solar Power to build a 50MW solar PV project at Rajgarh in the state of Madhya Pradesh.
The gulf in confidence separating the downstream and upstream solar markets continues to grow as investments in third party lease companies continue to boom, according to second quarter data released by the Cleantech Group yesterday.
Citing changing market conditions and an extended period of consolidation within the solar sector, PV inverter market leader, SMA Solar Technology plans to reduce its headcount further by around 700 full-time positions in Germany by the end of 2014.
With the aim of achieving 20% conversion efficiencies but with lower material costs, Solliance and imec have demonstrated a CZTSe (Cu2ZnSnSe4)-based thin-film solar cell (1x1cm2, AM1.5G) with 9.7% efficiency.
