LDK liquidators rejected Sunways’ plea for help, SEC filing reveals

Wednesday, 3.26.2014 - 12:57 (PV-Tech)

The joint provision liquidators (JPLs) of LDK Solar chose not to bail out the company’s German subsidiary Sunways, according to new SEC filing by LDK. Read more

Chinese Solar PV Module Suppliers Extend Their Lead Heading Into "Robust" 2014

Wednesday, 3.26.2014 - 18:32 (Renewable Energy World)

Three industry groups now confirm that Chinese suppliers continue to increase their dominance over solar PV module shipments, and Yingli remains the biggest of them all. Read more

Report: Commercial solar hits grid parity in Spain, Germany and Italy

Wednesday, 3.26.2014 - 15:22 (PV-Tech)

Solar PV has reached grid parity in Spain, Germany and Italy according to a new report by the consultancy Eclareon. Read more

Ukraine to abolish Crimea solar tariff

Wednesday, 3.26.2014 - 15:09 (PV-Tech)

Ukraine’s ministry of energy and coal industry has announced Crimea’s solar power projects are to stop receiving payments under the country’s feed-in tariff. Read more

LDK Solar founder being forced into personal bankruptcy proceedings

Wednesday, 3.26.2014 - 14:56 (PV-Tech)

The founder, shareholder and current chairman and CEO of LDK Solar, Xiaofeng Peng is being forced into personal bankruptcy proceedings by Apollo Investment Asia Limited to the tune of US$75.5 million, according to SEC filings made on behalf of the company’s liquidators in the Cayman Islands. Read more

GTM: Top 50 solar PV module makers to add 10 GW of capacity in 2014

Wednesday, 3.26.2014 - 14:43 (Solarserver)

GTM Research (Boston, Massachusetts, U.S.) has predicted that the largest 50 solar photovoltaic (PV) module manufacturers will add more than 10 GW of annual production capacity in 2014. The company's latests findings from its new PV Pulse data service indicate that producers of polysilicon, wafers and PV cells will similarly expand capacities. Read more

Vermont senate approves solar net metering expansion

Wednesday, 3.26.2014 - 14:09 (PV-Tech)

The state senate of Vermont in the US has approved an increase in the cap placed on solar net metering. Read more

SunPower JV to build 120 MW-DC of concentrated solar projects in Inner Mongolia

Wednesday, 3.26.2014 - 14:06 (Solarserver)

SunPower Corp. (San Jose, California, U.S.) has announced that its Chinese joint venture will build two low-concentration solar photovoltaic (LCPV) projects totaling 120 MW-DC using its C7 technology in China's Inner Mongolia region. These will represent SunPower's entry into the Chinese market, and the larger of the two will easily be the biggest CPV project in the world. Read more

RGS releases full results for ‘successful and pivotal’ 2013

Wednesday, 3.26.2014 - 13:46 (PV-Tech)

US solar provider RGS Energy (Real Goods Solar), which operates in the residential, commercial and utility sectors, has reported full-year results for 2013, in which the company saw revenues rise year on year by 9%. Read more

John Laing invests £160 million in renewable and waste processing portfolio

Wednesday, 3.26.2014 - 12:36 (Solarpowerportal)

John Laing Environmental Assets Group Limited (JLEN), a newly created investment company monitored by John Laing Capital Management Limited, has successfully fundraised £160 million to invest in a portfolio of solar, wind and waste processing projects in the UK. Read more

Solar PV reaches grid parity in the commercial sector of three European markets

Wednesday, 3.26.2014 - 8:55 (Solarserver)

A new report by Eclareon (Madrid) finds that the levelized cost of electricity (LCOE) for solar photovoltaics (PV) has become competitive with retail electricity prices under conditions of self-consumption in the commercial market segment in Germany, Italy and Spain. The Grid Parity Monitor (GPM) analyzed the competitiveness of PV with retail electricity prices in seven nations, which also included Brazil, Chile, France and Mexico. In all seven nations, in the last quarter of 2013 the LCOE for PV fell. Read more

Hanergy Solar releases fourth quarter 2013 results

Wednesday, 3.26.2014 - 8:46 (Solarserver)

Hanergy Solar Group Ltd. (Hong Kong) has released financial results for 2013. The company reports a 19% increase in revenues to USD 422 million, all of which came from its thin-film solar photovoltaic (PV) manufacturing division. These revenues consisted entirely of sales to affiliates of parent company Hanergy (Beijing), and the manufacturing division reported a 73% operating result. The company's newly unveiled PV project business reported no income and a loss of USD 1.91 million. Read more

100% Drop-in Aviation Biofuels "Closer” to Reality

Wednesday, 3.26.2014 - 15:14 (Renewable Energy World)

This week, Blue Sun Energy, ARA, and Chevron Lummus Global achieved a key development milestone with their 100 barrel/day (4,200 gallon/per day) demonstration-scale Biofuels ISOCONVERSION facility in St. Joseph, Missouri. Less than a year after beginning engineering to scale the technology, the team has completed plant commissioning and has begun 24/7 system operation. Read more

Brazil’s Rio Bravo Seeks Partners to Finance Wind Power Growth

Wednesday, 3.26.2014 - 13:23 (Renewable Energy World)

Rio Bravo Investimentos SA, the asset manager founded by former central bank president Gustavo Franco, is looking for new financial partners to help it become one of Brazil’s biggest wind power companies. Read more

CSUN awarded tier one module supplier status by BNEF

Wednesday, 3.26.2014 - 13:24 (PV-Tech)

Chinese PV module manufacturer CSUN has been awarded the title of tier one module supplier by the Bloomberg New Energy Finance (BNEF) PV Module Maker Tiering System. Read more

Renewable Energy Trends Illuminated in Clean Edge’s Market Report

Wednesday, 3.26.2014 - 13:00 (Renewable Energy World)

The clean energy industry’s performance over the past year can be seen as a classic good news-bad news situation, according to the experts at Clean Energy, a research and advisory firm devoted to the clean-tech sector. The industry saw dazzling growth, success, and rising stock prices in some sectors – most notably solar photovoltaic (PV) deployment – but downward trends and policy and finance hurdles in others. Read more

Suez Environnement to Build Waste-to-Energy Plant in China

Wednesday, 3.26.2014 - 11:08 (Renewable Energy World)

Suez Environnement, Europe’s second-biggest water company, and Chinese partners agreed to build an incinerator near Shanghai to treat hazardous and medical waste that will generate steam and supply energy. Read more

Energy storage: NEC to acquire A123 Energy Solutions

Wednesday, 3.26.2014 - 8:40 (Solarserver)

NEC Corp. (Tokyo) has finalized the terms of its acquisition of Energy Solutions business unit of A123 Systems LLC (Westborough, Massachusetts, U.S.) for roughly USD 100 million. The company says this will strengthen the energy storage capability of its “smart energy” business. NEC says that through the acquisition it will become the world's leading supplier of lithium-ion battery grid storage systems. The company plans to integrate A123 Energy Solutions into the NEC Group, and NEC Energy Solutions is to begin operations as a new company in June 2014. Read more