Amid a flurry of speculation after its German parent company SolarWorld AG, the U.S. arm of the crystalline silicon PV manufacturer released a statement reassuring the market and its employees that it continues to operate at full strength.
The Bonn court has confirmed to pv magazine that Horst Piepenburg was named temporary administrator for SolarWorld. The company’s German subsidiaries have also filed for insolvency.
The maker of engineered products for multiple industries has expanded into wind and solar with the acquisition of Renewable NRG Systems.
The third party solar provider plans to set up kiosks in retail locations in five states by the end of June, with more to come by the end of the year.
The state’s popular Self-Generation Incentive Program accepted the first round of funding requests that nearly sold out in one day. The second round of applications will be accepted some time in June, with the goal of awarding $100 million for energy storage projects.
With the sale the yieldco has almost completely divested from the United Kingdom, as its acquisition by Brookfield grinds forward.
Digital technology is deployed on the electric grid to make it “smarter,” allowing two-way communication and the transferring of data. This information enables customers to manage electricity costs, makes the grid more reliable, and provides third party providers with the information they need to produce innovative energy products and services. But while electricity data gathered by these technologies is beneficial, balancing the privacy of customers is necessary.
The U.S./Dutch tool maker also saw order intake and quarter-end backlog increase in the latest quarter. All of the company’s segments contributed to the turnover growth registered in this period.
Two years after NextEra Energy Resources and Entergy Arkansas received approval for the Stuttgart Solar Energy Center, the companies broke ground on the project yesterday.
The Minnesota-based solar company gave scant details, but denied claims that its winding down was due to faulty third-party hardware.
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