Swiss electricity, water and gas provider SIG has appointed Sunergis to manage its 44kW PV carport project at its headquarters in Geneva, Switzerland while Italian carport manufacturer Giulio Barbieri has been selected to supply its PV carport system for the project.
Major Korean PV module manufacturer, SolarPark Korea has had two 60 cell mono-crystalline and three multi-crystalline modules pass the Potential Induced Degradation (PID) test, conducted at Photovoltaic Institute Berlin (PI Berlin) and certified by TÜV-SUD.
Continuing to restructure the company in hope of surviving the solar shakeout, major PV equipment specialist centrotherm photovoltaics has made sweeping changes to its senior management with the notable fall of its enigmatic CTO, Dr. Peter Fath. Current CEO, Robert M. Hartung will also step down from his position, while Peter Augustin will become responsible for core solar cell and module business, amongst other management changes.
The Chinese government’s actions this summer to further raise the country’s PV installation targets appears to have had the desired effect. IMS Research’s latest report provides hope to the Chinese market forecasting a surge in the second half of 2012 with more than 4GW of PV installations to be completed, taking full-year installations to 5GW, even though it experienced a slow start to the year with just 720MW installed in the first half.
Greenwood Energy, the North American renewable energy division of Libra Group, and Biosar Energy, the solar division of Ellaktor Group, have set up a joint venture company called Greenwood Biosar.
In its newly released mergers and acquisition report for Q3 2012, Mercom Capital Group found that venture capital (VC) funding in the solar industry was at its lowest point since 2008 totaling only US$72 million in 14 deals, compared to US$376 million in 32 deals in Q2 2012.
Between January and August 2012, Greece’s PV capacity doubled to 937MW, according to the latest report from the Hellenic Electricity Distribution Network Operator S.A. (HEDNO). This comes amid political and economic turmoil in the country.
Weaker than expected demand in key markets of Germany, Italy and UK in the third quarter have led to aleo solar further lowering its revenue expectations for 2012. The module manufacturer had said at the beginning of August that it expected a "surge in sales" especially from the German market in the second-half of the year with stability restored after the feed-in tariff changes.
Overcapacity in the c-Si ingot/wafer supply chain has forced materials specialist, Cookson to close one of its two ingot crucible production plants in China, with immediate effect. The company had closed a similar plant in the Czech Republic in July 2012, which has supplied crucibles, primarily to the European market. Major European-based ingot/wafer producers such as PV Crystalox are down below 30% capacity utilization on the back of weak demand.
Executives from American solar manufacturers, distributors and installers testified before the International Trade Commission demanding Chinese manufacturers be held accountable for the “unmistakable causes of damage to the American solar industry.” They added that without relief, including the application of duties for the surge in imports after the cases were filed, it is unlikely that the American industry can survive.
