Markets & Finance

December 13, 2012
UK-based solar wafer producer, PV Crystalox Solar will implement a significant reduction in its workforce, while discontinuing its polysilicon operations in Germany and heavily cut ingot production in the UK and wafer production in Germany.
December 7, 2012
Wacker Chemie, a Munich-based manufacturer of solar products, will see its current executive board member and personnel director, Wilhelm Sittenthaler, step down on 31 December 2012.
December 7, 2012
Ralf Lüdemann has been appointed as the new lead for Schmid’s energy storage business unit, and will play a key role as advisor to the photovoltaic (PV) related business units.
December 7, 2012
Law firm Metaxas and Associates will be representing several foreign and Greek renewable energy sources (RES) investors in a bid to lodge a complaint with the European Commission on the retroactive taxation on RES, recently imposed by the Greek Ministry of Environment, Energy and Climate Change.
December 7, 2012
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.
December 7, 2012
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.
December 5, 2012
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).
December 5, 2012
UK energy regulator Ofgem has confirmed the feed-in tariff (FiT) rates for solar PV technology beginning 1 February 2013, reports Solar Power Portal.
December 5, 2012
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.
December 4, 2012
The founders of Israeli solar provider Arava Power Company have established a new business to develop solar projects in emerging markets outside Israel.

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