Norwegian solar ingot manufacturer NorSun has announced its decision to temporarily stop production and lay off employees due to the influx of "exceptionally low price" Chinese solar modules.
US Solar manufacturer CubicPV has contracted Arcadis, a design and consultancy firm, to provide architectural and engineering services for its 10GW silicon wafer manufacturing facility in the US.
The European Commission (EC) has granted €3.6 billion (US$4.04 billion) to 41 large-scale clean tech projects via the EU Innovation Fund, including three projects on PV modules under the clean tech manufacturing category.
The world is increasing its installed solar PV capacity as 1TW will be added annually by 2030, while the annual polysilicon and wafer production capacity will continue to rise, according to the report Powering a Green Future: A Forecast to 2030 for Solar, Wind, and Energy Storage published by Taiwanese renewables research firm InfoLink Consulting.
Indian module manufacturer Vikram Solar has formed a joint venture (JV) with private equity firm Phalanx Impact Partners, and venture capital company Das & Co. to develop a vertically integrated solar manufacturing operation in the US.
Solar wafer producer NexWafe has secured a €30 million (US$32 million) investment to accelerate the construction of its first commercial-scale wafer plant in Bitterfeld, Germany.