Q-Cells has announced that the South Korea-based Hanwha Group has won its bid to take the insolvent Germany company over.
Another German solar module maker, Sovello, has fallen victim to fierce global competition. Insolvency adminstrators say the firm based in eastern Germany's "solar valley" will stop production within the next two weeks.
Applied Materials has has signed an enhanced two-year contract with Globalfoundries to service all Applied Materials equipment at its Fab 1 in Dresden, Germany.
The latest installation figures from the German Federal Network Agency show that the country's mid-year subsidy change for rooftop installations has caused a surge in solar demand for the first half of 2012, with more than 4.3GW installed in a period of just six months.
Germany's environment ministry said on Friday it would back solar firms' efforts to bring anti-dumping proceedings against China amid a bitter price war in the industry that has left many German panel producers fighting for survival.
.Solarworld Plans China Anti-Dumping Case With EU Peers By Marc Roca - Jul 3, 2012 8:23 PM GMT+0800 .Facebook Share LinkedIn Google +1 0 Comments Solarworld, Germany's biggest solar-panel maker, plans to file an anti-dumping case against China-based competitors as part of a group of Europe-based manufacturers.
US-based First Solar, the world's No. 2 maker of solar cells, will ramp up production at its plants in Germany, scheduled to close later this year, to meet an unexpected surge in demand, a spokesman said on Tuesday.
Germany's aleo solar AG has today announced it will close its solar module factory in Santa Maria de Palautordera, Spain, by the end of the year at the latest. 92 jobs will go.
Germany may pass legislation to cut solar-power subsidies before July 7 should the government and regional leaders reach a compromise this week, according to an official at the Federal Environment Agency.
May was a record month for solar energy production in Germany, with 4 billion kilowatt hours of electricity generated by the country's solar panels.
Germany may call on the European Union to apply high import tariffs on Chinese solar panels that are sold at less than production costs, Environment Minister Peter Altmaier told the WirtschaftsWoche busniess magazine.
China-based energy group Hanergy is set to buy part of Q-Cells, the insolvent Germany-based solar-panel maker, in a deal that highlights the buying power of Chinese energy companies in the troubled European solar market.
The Financial Times
Solar power plants in Germany produced a world record 22GW of electricity per hour - equal to 20 nuclear power stations at full capacity - through the midday hours on Friday and Saturday, the head of a renewable energy think tank said.
The German Federal Council has determined that that the bill earlier adopted by the German Parliament for the reduction of solar subsidies will be going a the mediation committee, which will allow for the federal and state governments to negotiate finding a comprise.
German solar-power companies expect sales to decline by 50 percent this year because of subsidy cuts in the world's second-largest market for the industry, according to a survey by the BSW-Solar lobby.
German Chancellor Angela Merkel's effort to create jobs in renewable energy is faltering as subsidy cuts and competition from Chinese manufacturers forces the industry to stop hiring for the first time in eight years.
German solar installations may have more than tripled in the first quarter from a year ago, the country's deputy environment minister said.
New York Times
Germany's parliament approved record cuts in aid for solar power, aiming to reduce the annual pace of installations by half in the world's biggest market for the industry.
Globalfoundres announced that its Fab 1 in Dresden, Germany has shipped a quarter of a million semiconductor wafers based on 32nm High-k Metal Gate (HKMG) technology. The milestone represents a significant lead over other foundries in HKMG manufacturing, it claimed.
Installations of solar panels will continue to increase strongly in Germany in the first six months of the year, government and industry sources told Reuters, dealing a blow to efforts by the ruling coalition to get the market under control.
Around 11,000 people gathered in Berlin on 5 March to protest against further cuts to the support for solar photovoltaics (PV) in Germany from April.
Renewable Energy Focus
At 1pm local time Monday March 5, thousands, including employees from around 50 solar companies, will converge in Berlin at the Brandeburger Tor to protest against harsh cuts to the proposed feed-in tariff legislation.
SMA Solar, Germany's top solar company, forecast sales and operating margins will fall significantly in 2012, blaming the German government's March 9 decision to slash state-mandated incentives for photovoltaic electricity.
Germany, the world's biggest solar- power market, may delay a plan to cut subsidies in the industry by at least three weeks to allow developers to complete projects, a lawmaker said.
German Chancellor Angela Merkel's cabinet endorsed plans on Wednesday to cut state-mandated incentives for photovoltaic electricity in the world's largest market for solar power by up to 30% on March 9, coalition sources told Reuters.
BSW-Solar fears that, despite considerable opposition from the solar industry, the new legislation is likely to be passed in a meeting of the Federal Cabinet tomorrow.
Germany, the world's biggest market for solar power, plans record reductions in subsidies for the industry as part of a program to rein in a boom in installations.
One of the world's biggest green-energy public-policy experiments is coming to a bitter end in Germany, with important lessons for policymakers elsewhere.