Challenging competitive market conditions in Europe are forcing SunPower to re-evaluate its business strategy in the region after sales shrank and its European operations were loss-making in the third quarter of 2012.
A planned restructuring of Panasonic may see its production of solar panels, small lithium batteries and other products curtailed in response to low demand and low profitability, according to reports.
From the heart of its R&D centre in Rochester, New York, Natcore Technology scientists have developed what they call the “first black silicon solar cell”.
LDK Solar, one of the world's largest producers of solar wafers, has finalised a deal to sell three solar plants to Henan Xindaxin Materials for RMB140 million (US$22.4 million).
PV modules and wafers manufacturer ReneSola has announced the establishment of its Asia-Pacific, Middle East and Africa regional sales headquarters in Singapore.
The sale of Oerlikon Group’s loss-making Oerlikon Solar to Tokyo Electron (TEL) has received regulatory approval from the Chinese Ministry of Commerce (MOFCOM).
Belectric advised that the deal to acquire Konarka Technologies has been completed, with an agreement reached between the two companies. Konarka Technologies applied for insolvency earlier this year and began negotiations with several investors. Alexander Kubusch, preliminary insolvency administrator from Curator, commented, “…our talks have now reached a successful conclusion. Of the many interested parties, we ultimately opted for Belectric Holding, because this company not only offered an ideal solution to the issue of business operations but also went a long way toward upholding the interests of creditors.”
