Leading PV manufacturing equipment supplier Meyer Burger Technology announced a major restructuring plan to become more flexible to market dynamics by lowering its operating cost base by CHF 50 million per annum and reducing its workforce by around 16% by the end of 2016.
Independent global testing and certification body UL (Underwriters Laboratory) has acquired renewable energy engineering services and support firm, AWS Truepower for an unspecified sum.
European scientists have teamed from imec, KIT and ZSW to fabricate a thin-film solar module (lab) stack made up of perovskite and Copper Indium Gallium Selenide (CIGS) with a conversion efficiency of 17.8%, which surpasses the highest efficiencies of separate perovskite and CIGS modules.
The solar centric political campaigning group EU ProSun, established by integrated PV module manufacturer, SolarWorld, has condemned China and Chinese module manufacturers for causing SolarWorld to make 500 ‘temporary’ workers at its manufacturing plants in Germany, redundant.
The first grid scale installation of the Tesla Powerpack system in Europe has been completed in the UK by Camborne Energy Storage and is set to provide ancillary services to the National Grid.
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.
Organic photovoltaic (OPV) thin-film producer Heliatek has raised €80 million (US$88 million) in a new funding round to expand its ‘HeliaFilm’ manufacturing capacity by one million m² per annum.
Ardian Infrastructure has made its debut in the Latin American solar market in the US$31 million acquisition of four PV plants in Chile and Peru from Spanish EPC Solarpack.
London-based Cubico Sustainable Investments has acquired a 50MW solar park from British Solar Renewables (BSR), one of the UK’s leading developers and operators of solar parks.
