In a continued effort to return its Energy and Environmental Solutions (EES) division to breakeven, despite two-years of downsizing and restructuring, Applied Materials said it had reduced EES spending per quarter to US$25 million.
A renewable energy research facility will be built in the disaster-hit Japanese region of Fukushima, after the area’s local government and Fraunhofer ISE research institute signed a Memorandum of Understanding (MoU).
Insolvent German PV project developer, S.A.G. Solarstrom, has said it is seeking new investors as part of its restructuring plan will officially open insolvency proceedings on 1 March 2014.
The latest draft guidelines on state aid by the European Commission have drawn criticism from the European Photovoltaic Industry Association (EPIA), claiming they could “constrain member states' capabilities to reach their 2020 binding renewable targets".
Major PVEP (PV energy provider), SunPower Corp said that it reduced production costs by more than 20% in 2013, following-on from a greater than 20% reduction achieved in the previous year.
The Peruvian arm of Italian renewables firm Enel Green Power has been granted permission to conduct a feasibility study for a 40MW PV project in southern Peru.
