Integrated PV manufacturer SolarWorld will lay-off around 500 temporary manufacturing workers in the fourth quarter of this year due to significant price drops on the world market.
Hong Kong-headquartered Asia Clean Capital and the US’ Ten K Solar have signed an exclusive China partnership to develop an anticipated 40MW worth of solar projects within the next 18 months.
High-efficiency PV module producer and project developer SunPower is to take over its joint venture (JV) solar cell manufacturing operations in Malaysia from Taiwan-based partner AUO, a subsidiary of AU Optronics Corporation at a cost of US$170 million, payable over the next four years.
The US has once again come out on top after the World Trade Organisation (WTO) rejected a challenge by India in favour of its domestic content requirements (DCR).
Solar panel manufacturers that fail to keep up with emerging technology trends will be under tremendous pressure in 2017, according to host of their peers at SPI 2016.
Germany-based PV firm IBC solar has signed an EPC contract with Indian conglomerate LN Bangur Group for a 22.5MW solar PV system in near Phalodi in Rajasthan, India.
The annual US-based Solar Power International (SPI) exhibition and conference historically generates a significant number of new product launches and can set new trends and directions for the downstream solar PV sector, globally. High-efficiency modules and high-voltage were the themes of new products announced at SPI on the second day.
The average severity of insurance claims from the solar PV industry has increased by 87% over the past five years often as a result of extreme weather, according to new research from renewables insurance specialist GCube Underwriting.
