Weaker than expected demand in key markets of Italy and Germany in the fourth quarter has led PV inverter supplier Power-One to lower revenue guidance to between US$190 million to US$195 million, down from a range of US$210 million to US$230 million.
The dire business conditions within the solar wafering sector have forced slurry recycling specialist, SiC Processing to warn of over a €100 million in equity losses, or more than half the equity in the company as it deals with insolvency proceedings.
Scientists at Empa, the Swiss Federal Laboratories for Materials Science and Technology, have developed thin-film solar cells on flexible polymer foils with a new record efficiency of 20.4% for converting sunlight into electricity.
China-based module manufacturer JinkoSolar has claimed its latest high-efficiency PV modules, dubbed ‘Eagle’ have been certified as potential induced degradation (PID) free from an unidentified testing house.
The International Renewable Energy Agency (IRENA) and the Fraunhofer Institute for Solar Energy Systems ISE, have signed a memorandum of understanding (MOU) aimed at enhancing their cooperation while increasing the deployment of renewable energy systems worldwide.
US solar developer Sungevity has announced the completion of a series of venture capital and project financings which, together, have secured the company up to $125 million in funding.
Investment director Edward Douglas from Singapore-based Armstrong Asset Management is the latest leading solar energy expert to confirm he will be speaking at the inaugural Solar Business Expo Southeast Asia in Thailand this March.
Solar PV equipment spending was down US$3.6 billion in 2012 from US$12.9 billion in 2011, according to new research in the latest NPD Solarbuzz PV Equipment Quarterly report.
The US Energy Department has today announced the availability of US$12 million to accelerate solar energy innovation that could help reduce manufacturing and installation costs for homes, businesses and utilities.
A 5MW solar farm in Pennsylvania has been acquired by an affiliate of D. E. Shaw Renewable Investments and project manager Bright Plain Renewable Energy.
