Solar venture capital investments increased by over US$60 million in the second quarter of 2013, having hit a record low in the first part of the year.
Having recently launched its own microinverter, dubbed ‘Micro Replus,’ PV manufacturer, ReneSola said it had obtained certification to sell the product in 7 countries.
Talks between the European Commission (EC) and Chinese authorities in Beijing ended their second week with rumoured reports of China offering a bottom cost per-watt and a cap on total shipments to avoid duties being applied on Chinese PV products on 6 August 2013.
GE Ventures, part of global power equipment giant General Electric, has taken part in a US$15 million equity investment in leading US solar rooftop installer Sungevity.
India's largest power company, NTPC, has chosen PV developer Tata Solar Power to build a 50MW solar PV project at Rajgarh in the state of Madhya Pradesh.
The gulf in confidence separating the downstream and upstream solar markets continues to grow as investments in third party lease companies continue to boom, according to second quarter data released by the Cleantech Group yesterday.
Citing changing market conditions and an extended period of consolidation within the solar sector, PV inverter market leader, SMA Solar Technology plans to reduce its headcount further by around 700 full-time positions in Germany by the end of 2014.
