Around the web
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The recently inaugurated Gujarat Solar Park was developed in less than two years with the co-operation of 21 international companies.
Finacial Times
Oil rose to near US$85 a barrel Monday in Asia after Greek election results suggested the country will stay in the euro common currency, reducing the risk of a major upheaval in financial markets and the world economy.
Washington Post
The pro-bailout New Democracy party came in first Sunday in Greece's national election and could gather enough support to form a pro-bailout coalition to keep the country in the eurozone.
Bloomberg
In an attempt to save electricity and help avoid power shortages this summer, the Japanese government is expected to ask major electronics retailers and home appliance makers to voluntarily put an end to both the sales and production of traditional incandescent light bulbs.
The Japan Daily Press
China's lighting suppliers producing light-emitting diodes (LED) and energy-saving products are expected to receive a huge subsidy, which experts said yesterday will speed up the industry's consolidation.
Global Times
Emerging-market stocks climbed to a two-week high as signs of a pick-up in technology demand and speculation China will take more steps to bolster economic growth overshadowed concern Europe's debt crisis will spread.
Business Week
Lantiq has announced collaboration with Qualcomm Atheros, the networking and connectivity subsidiary of Qualcomm, to produce an advanced broadband home gateway reference design.
Company release
Middle East Online
The UK offshore wind industry attracted GBP1.95 billion (US$3 billion) of investment in the last financial year as the government boosted the technology to curb emissions and secure energy supplies, Energy Secretary Ed Davey said today.
Bloomberg
Japan's NEC will not provide a fresh capital injection to support loss-making chipmaker Renesas Electronics, a senior NEC executive said in a newspaper interview.
Reuters
As a result of the planned changes announced today, Nokia plans to reduce up to 10,000 positions globally by the end of 2013.
Company release
At first glance, Poland's renewable energy sector appears to be doing quite well, and the government's target of producing 10.4 per cent of the country's final energy consumption from renewable energy by 2012 has already been exceeded.
Finacial Times
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.
Reuters
The US Department of Commerce (DOC), responding to last autumn's petitions by SolarWorld and other members of the Coalition for American Solar Manufacturing (CASM), announced preliminary duties of 2.9-4.73% on crystalline silicon solar PV cells to counter Chinese subsidies to its solar PV manufacturers.
Recharge
Flash flooding caused by heavy rain has forced the evacuation of more than 3,000 people across Taiwan and unleashed landslides that have killed four people.
AP (via Washington Post)
Solar installations in the US jumped 85% in the first quarter of 2012 from the previous year, according to an industry report that prompted a research firm and a lobbying group to raise their capacity forecasts for the year.
Reuters
Microsoft and Samsung continue to fend off rumors that they have any intention of purchasing cell phone maker Nokia.
PC Magazine
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.
PV Magazine
Chipmaker Cypress Semiconductor has offered to buy smaller rival Ramtron International for about US$87.6 million in cash, revamping a bid it made last year.
Reuters
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.
Bloomberg
Globalfoundries has agreed to manufacture devices for STMicroelectronics using ST's proprietary FD-SOI technology in both the 28nm and 20nm nodes.
Company release
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.
Energy Matters
Journal Gazette
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