In an rather incestuous deal and conformation that consolidation along with capitulation is occurring in the Chinese PV market, tier 2 PV manufacturer, Goldpoly New Energy Holding has acquired China Merchants New Energy (CMNEG) in a deal valued at HK$2.12 billion (US$273 million).
Emerson Process Management has won a contract to deliver its Ovation control system to the 110MW Crescent Dunes Solar Energy Project near Tonopah, Nevada.
Testing company TÜV Rheinland has equipped its photovoltaic laboratory in Cologne, Germany, with a high resolution electroluminescence inspection system from MBJ Solutions.
America’s competitive position in the global clean energy market is at risk because of increased competition abroad and uncertain policies at home, warns a report by the Pew Charitable Trusts.
Concerns that the widespread development of large-scale solar PV would have a negative impact on global biodiversity have been downplayed in a report by WWF and FirstSolar.
Weaker than expected demand in key markets of Italy and Germany in the fourth quarter has led PV inverter supplier Power-One to lower revenue guidance to between US$190 million to US$195 million, down from a range of US$210 million to US$230 million.
The dire business conditions within the solar wafering sector have forced slurry recycling specialist, SiC Processing to warn of over a €100 million in equity losses, or more than half the equity in the company as it deals with insolvency proceedings.
Scientists at Empa, the Swiss Federal Laboratories for Materials Science and Technology, have developed thin-film solar cells on flexible polymer foils with a new record efficiency of 20.4% for converting sunlight into electricity.
China-based module manufacturer JinkoSolar has claimed its latest high-efficiency PV modules, dubbed ‘Eagle’ have been certified as potential induced degradation (PID) free from an unidentified testing house.
