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".
The PV cell and module manufacturing operations of Dutch firm Pufin Power are to increase their production capacity after securing a supply deal with French distributor Thomson Energy.
MEPs have voted for stronger clean energy and climate goals for 2030 than those currently on the table in a move that signals the start of a likely protracted debate.
SolarWorld said in a statement that it had reached an agreement with a long-term “raw material” supplier to restructure supply contracts that would result in impairment charges in the “double-digit million Euro amount.”
A new R&D project in Germany has been formed to make breakthroughs in new innovative PV inverter concepts that will focus on cooling and packaging advancements to improve conversion efficiency, cost and service life, which are key BOS costs to PV systems.