Integrated PV manufacturer SolarWorld will lay-off around 500 temporary manufacturing workers in the fourth quarter of this year due to significant price drops on the world market.
RWE International SE (innogy), a leading European energy company, has signed a share purchase agreement to takeover the solar and energy storage business of Belectric.
In this week's Movers & Shakers segment, PV Tech focuses on employment shakeups in the US, Europe and Asia as key renewables companies reveal some hires and departures from the last fortnight.
New research predicts the energy storage market in Germany will increase 11-fold in the next five years, with the residential market buoyed by declining feed-in tariffs, high electricity prices and €30 million in subsidies, while the primary reserve market boosts activity within the utilities sector.
In this week's Movers & Shakers segment, PV Tech examines new US solar employment initiatives, new up-and-coming technology and industry policy debates as well as career moves by influential individuals.
The solar segment is not short of new hires and comings and goings, with solar industry stakeholders responding to the shifts in a dynamic global market. In our inaugural Movers & Shakers segment, PV Tech attempts to bring the industry back to its roots and rounds up key career moves of the last fortnight.
German PV company IBC Solar has partnered with DHYBRID Power Systems to capitalise on their respective competencies in order to emerge as a market-leading provider of diesel-PV hybrid systems.
Austria-headquartered PV O&M company ENcome has acquired abakus solar, a German PV wholesale business that specialises in project development, EPC and O&M, for an undisclosed amount.
Germany has released draft proposals on its Renewable Energies Act (EEG) to cap onshore wind and PV in response to states rallying for renewable energy growth to be curbed due to rising electricity prices and unnecessary strain on the national grid.
