A report, four years in the making, has been released by the US Department of Energy (DOE), Office of Inspector General into the collapse of CIGS thin-film producer, Solyndra, and the way more than US$500 million of loan guarantees were given out by the department to the failed company.
Brazil’s largest solar panel manufacturing facility will be inaugurated on Friday (28 August) by manufacturer Globo Brazil, providing a major boost towards financing domestic PV projects.
According to Dutch media reports, Heerlen, Netherlands based solar cell producer, Solland Solar, a subsidiary of Italian industrial firm Pufin Group, has filed for bankruptcy protection.
Lobbyists protecting fossil fuel industry interests including the Koch brothers have been criticised openly by Barack Obama this week for “standing in the way of the future” by attempting to hamper the progress of renewables.
Tesla chief Elon Musk purchased US$5 million worth of SolarCity shares a few days after the head of a short-selling hedge fund ignited a war of words with SolarCity’s own CEO, Lyndon Rive.
A senior engineer at Oman’s regulator for water and electricity has recommended the introduction of a feed-in tariff (FiT) programme to foster residential PV deployment in the Sultanate, local reports have said.
Tier-one PV manufacturer JinkoSolar has raised its module shipment guidance for the full-year. The company expects shipments to be in the range of 4.0GW to 4.5GW, up from previous guidance of 3.3GW to 3.8GW.
India is expected to install 2.5GW of solar in 2015, significantly up from the previous forecast of 2GW, under the latest quarterly ‘India Solar Market Update’ from Mercom Capital Group.