Solarworld to Sell itself Solarworld is on the brink of collapse and is looking to sell itself. I have remained quite critical of Solarworld’s prospects in the past and had even said that CEO Asbeck will never get a salary. Solar manufacturing in western factories has become impossible due to the cut throat competition from [...]
2013 a Better Year for Solar Solar demand in 2012 slowed down to just 5% after a 40-50% CAGR over the last decade. The slowdown was inevitable as solar demand was a massive 30 GW in 2012 compared to just 8 GW in 2008. Europe which was the principal driver of growth has slowed down [...]
Solarworld Solarworld, which is one of the largest European solar companies surviving the current downturn, is in a bad shape. The company faces a large debt load which it cannot repay because of continuing losses. Despite its leadership role in getting duties imposted on imports of Chinese solar panels, the company has not benefited as [...]
Gujarat has the most amount of solar energy plants installed in India due to a very supportive state government. The government has managed to boost solar capacity tremendously without breaking the bank. This has made other states realize the importance of solar energy and now several states like TN, Andhra Pradesh are looking to install [...]
Fox News has published an article which mentions the future of the solar energy industry is in doubt, with subsidies falling and the backlash of utilities against net metering. Even as solar demand in the world has quadrupled to almost 30 GW in 2013, Fox news is doubting the industry survival. They have conveniently forgotten: [...]
Su-kam to acquire a solar panel company The Indian solar panel manufacturers are a sorry lot as global overcapacity in solar modules has meant that they are operating at 10-20% utilization. Despite their repeated pleas, the Indian government has not imposed anti-dumping duties on imports of foreign solar panels. This has meant that global solar [...]