PV inverter specialist, Power-One reported fourth quarter revenue of US$192 million, within revised guidance but sales declined 32% in Europe, forcing the company to adjust production to demand with the planned loss of 300 jobs.
Solar module sales at Kyocera are expected to increase significantly in the first quarter of 2013, boosted by a rush to install systems before expected feed-in tariff reductions are introduced at the beginning of April.
Applied Materials announced today that George S. Davis, Executive Vice-President and Chief Financial Officer (CFO), will be departing the company effective March 8, 2013.
A cap of 2.5% should be applied to inreases in renewable energy incentives levy in Germany, according to the country's Environment Minister, Peter Altmaier.
After the recent resignation of Michael Wilhelm in his position as Sunways chairman, LDK Solar, Sunways majority shareholder has appointed Mario Zen in the vacated position.
Element Power Holdings has announced that Joe Slamm, co-founding partner of Hudson Clean Energy Partners and a member of the Element Power board of directors, will serve as the company’s interim chairman following the departure of Pedro Barriuso.
Astonfield Renewable Resources, a provider of renewable energy in emerging markets, has announced that its Co-Chairman Ameet Shah is to take on a key advisory role to the US government.