A deal that would see Conergy’s sales operations sold and split from its PV module and mounting systems manufacturing operations has been signed between US-based financial investor, Kawa Capital Management, Conergy and the preliminary insolvency administrator of Conergy.
Spanish solar manufacturer Cel Celis has opened insolvency proceedings at the commercial court of Leon, in northern Spain, amid reports that the company is in €30 million ($39.3 million) of debt.
Stefen Fischer has been awarded the Best Student Presentation Award at the IEEE Photovoltaic Specialists Conference (PVSC) for his work to increase the efficiency of silicon solar cells.
The Spanish government has announced a series of cuts to renewable energy subsidies totalling €2.7 billion (US$3.5 billion) as part of widespread reforms to its energy policy.
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.
With the aim of achieving 20% conversion efficiencies but with lower material costs, Solliance and imec have demonstrated a CZTSe (Cu2ZnSnSe4)-based thin-film solar cell (1x1cm2, AM1.5G) with 9.7% efficiency.
