Slower demand from key European markets saw Suntech Power Holdings report preliminary Q3 2012 revenue of approximately US$387 million, down 18% from the prior quarter.
US renewable energy firm Greenpower Capital and Wirsol Solar, an international PV developer based in Germany, have established a joint venture which focuses on financing and building solar projects in Japan which have a capacity of 10MW or more.
Developing renewable energy projects in India is more expensive than in either the US or Europe, according to a report released by the Climate Policy Initiative (CPI) and the Indian School of Business (ISB).
India’s Ministry of New and Renewable Energy (MNRE) has issued a draft solar policy for Phase II of the country’s Jawaharlal Nehru National Solar Mission (JNNSM), outlining its strategy to install 10GW by 2017 through mostly utility-scale projects.
The founders of Israeli solar provider Arava Power Company have established a new business to develop solar projects in emerging markets outside Israel.
Thin film manufacturer First Solar has established an operating subsidiary in Cape Town, South Africa. The move follows a recent swathe of large utility-scale PV announcements in South Africa, as part of the country’s first round of renewable energy project bidding.
Advanced Energy Economy (AEE), a national organisation representing the advanced energy industry, welcomed Steve Chadima as its new senior vice president of communications and director of California Initiatives.
Thermal processing equipment specialist BTU International has selected Peter Tallian to serve in its newly minted chief operating officer position, effective immediately.