Markets & Finance

Energy utility Edison International has acquired SoCore Energy, a Chicago-based commercial rooftop solar developing company.

Reports suggest a deal is in the making that could see Suntech Power Holdings' bankrupt subsidiary rescued by the involvement of a rival Chinese PV manufacturer and several state-owned enterprises in Wuxi, China.

A quiet solar “revolution” in Australia over the past three years means 11% of the population now use PV technology, a study by the country’s Climate Commission claims.

Canadian Solar subsidiary Canadian Solar Solutions announced that it has reached an agreement to sell five utility-scale solar power plants in Ontario valued at more than C$290 million (US$277 million) to Concord Green Energy.

Irish renewables developer Mainstream Renewable Power has signed an equity investment deal worth €100 million (US$133 million) with Japan’s Marubeni Corporation trading company.

A senior executive at Hanwha Solar One has resigned from his position at the company to join Hanwha Group-owned German PV manufacturer Q Cells.

In its second quarter 2013 financial results released on Wednesday 31 July, Sunpower posted a return to profit.

The solar industry is on the brink of a sustained period of momentum, according to a bullish research note by Deutsche Bank published on Wednesday.

Solar industry and environmental groups in Colorado have united to oppose proposals by utility company Xcel Energy they say could restrict the growth of rooftop PV in the state.

The European Commission (EC) has been accused of using biased information from Europressedienst, the German-based market and media consultancy that provided statistics for the EU/China dumping dispute.