The local court in Amberg, Germany court has appointed Dr Hubert Ampferl, partner of Nuremberg-based law firm Dr Beck & Partner, as supervisor of SiC Processing, which is operating as ‘debtor-in-possession’ during insolvency proceedings.
The ‘solar winter endures’ at PV equipment supplier BTU International, opined Paul J. van der Wansem, BTU Chairman and CEO, in a conference call that garnered no financial analyst questions.
SolarCity and American Honda Motor Co have announced a partnership aimed at making solar power more affordable to customers in the US by providing a cleaner source of electricity at a lower cost than utility-supplied power.
Solar Frontier strengthened its position as the closest thin-film PV module manufacturer competitor to First Solar in 2012, posting record revenue of US$833 million (JPY78.2 billion).
Diehl Controls, a subgroup of Germany's Diehl Group, has sold its photovoltaics business unit to mutares Solar, a subsidiary of Munichs investment company mutares.
IFC, a global development institution for the private sector and a member of the World Bank Group, has issued a US$1 billion green bond which will be used to support IFC “climate-friendly” projects in developing countries.