AU Optronics (AUO) and Evonik have consolidated their business relationship by signing a solar and green energy planning, manufacturing and research and development deal. The non-exclusive agreement will see both companies pool their resources in an attempt to increase their presence in the renewable energy market.
Richard Yumin Gu has resigned from his position as China Sunergy's vice president and general manager of sales and marketing. Yumin Gu is stepping down because of personal reasons and will leave his post with immediate effect.
The dispute between China Sunergy and REC Wafer Norway continues as China Sunergy released an update on the court proceedings. On November 5, 2010, the Supreme Court of the People’s Republic of China made a final binding decision that the Jiangsu Higher Court will have jurisdiction over the case.
A single-junction organic photovoltaic solar cell with a surface area of 1 square centimetre has been demonstrated by Konarka Technologies to have a 8.3% efficiency.
EDF Energies Nouvelles has commissioned two solar photovoltaic power plants in Italy with a combined capacity of 26.1MWp. The first plant, located in Loreo, northern Italy will be a 12.6MWp ground-based project. The second, 13.5MWp facility is to be constructed in Priolo, in the south of the country. Both plants will utilize thin-film panels supplied by First Solar.
For the past four months universities all over the world have been submitting proposals for the Solar Decathlon Europe (SDE) 2012 competition in Madrid, Spain. The inscription period has now closed with 33 teams out of 47 going through to the final selection stage.
The German government is looking to temper growth in solar panel installation in an attempt to protect consumers from rising costs. Angela Merkel's Christian Democratic Union fear that the escalating costs of solar power may lead to a fall in demand and undermine the acceptance of alternative energy.
Spain has made a decision to freeze the beginning of the country's €13.5 billion program to sell state-guaranteed power bonds until government debt-market volatility abates. Bank workers, who had begun calculating investor interest in the first tranche of bonds, will now have to wait until the yield stabilises on the country's debt.
