PV manufacturing capacity expansions planned this year are expected to push production levels beyond anticipated demand in 2016, creating further cost pressures for suppliers.
The fight is still on to prove the transition to cleaner energy in Germany is proving to be a success, Amory Lovins, chief scientist and head of the Rocky Mountain Institute said yesterday.
SolarWorld has attributed a “low” probability to a negative outcome in its ongoing lawsuit with Hemlock Semiconductor in its 2015 annual report. Its release comes one day after Hemlock filed for summary judgement in the case.
The second annual German government-backed event promoting discussion and exchanges of views on Energiewende ('energy transition'), the nationwide policy which has catapulted the country into a leading position on renewable energies including PV, begins today.
Recharge A/S, an investment fund specialising in renewables, will take a 50.1% stake in a €24 million (US$26.7 million) micro grid on a remote Portuguese island that could prove the validity of such projects as an asset class.
Leading companies in the solar power sector are invited to participate at the United Nations Environment Assembly (UNEA) in May to demonstrate the latest developments in the industry.
International solar PV EPC firm Phoenix Solar has reported preliminary 2015 financial results with revenue of €119 million, up 250% from the prior year.
