SunEdison's share price surged today on news that the company would spin off its semiconductor business from its PV development business. Shares peaked on the New York Stock Exchange at US$8.34 each.
Toshiba International has begun construction on a 4MW solar project on the island of St Croix with the Virgin Islands Water and Power Authority (WAPA).
US solar power installer Heliopower has purchased Greenzu, a San Francisco company providing small commercial businesses and non-profit organisations with solar power systems.
PV will account for 3.6% of installed power generation globally by 2020, according to market analyst and advisor, Frost & Sullivan’s Annual Renewable Outlook 2013.
The chief executive of Photon Energy, the PV developer founded in the Czech Republic, has spoken out strongly against the solar levy recently approved in the lower house of the Czech parliament.
The petition made by state-owned electricity distributor Gujarat Urja Vikas Nigam Ltd. (GUVNL) to cut the rate it pays for energy from 88 solar projects by 28% has been rejected.
