Green Energy
- World Record Trina Panel At Green Energy Wa
The results have been confirmed by TUV Rheinland, with a 156x156mm 60 cell module reaching 274 Watts peak. HAMBURG, Germany Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV)...
- Q-cells Will Build Europe's Largest Solar Park
German solar group Q-Cells will build Europe's largest solar park after finding two investors for the 91 megawatt MW project, boosting its shares by nearly 16 percent.The solar park — located near the city of Brandenburg an der Havel, about an hour...
- Solar Energy: Soitec Gets Approval For Five Contracts In California
Soitec, producer of silicon insulators, a material used to manufacture electronic components, has been authorized by the authorities of California to purchase agreements for solar energy plants with a total capacity of 155 megawatts. The group said in...
- Tunisia: The Future Is Solar
Remember when we talked about the solar energy progress in Tunisia and the difficulties it was having? Yes? Do you also remember that we promised you to keep you updated too? Yes? Great! Then keep on reading for an update, but if you’ve missed that...
- Solar Energy: “photowatt” Files For Bankruptcy
Photowatt, the leading French photovoltaic panels’ manufacturer, located in Bourgoin-Jallieu (Isère) was placed in receivership, as announced by the financial daily “Les Echos (4/11)”. The company had already been hit by a social plan in March...
Green Energy
EDF Acquires Photowatt, French Pioneer Of Solar Energy
The Commercial Court of Vienna (Isère) confirmed Monday the takeover bid by EDF Photowatt. This avoids the liquidation of the only French manufacturer of photovoltaic cells.
It was a happy ending for the employees of Photowatt. The Commercial Court of Vienna, near Grenoble, has selected the offer presented by EDF on Monday that aims to maintain the activity of this company as it is.
Of the 425 people currently employed by Photowatt, EDF offers to 345 employees and over 10 apprentices to continue their activity in the company. The other 70 will be offered redeployment within the EDF Group.
"This operation is part of the Group's strategy to be a leader in renewable energy, including photovoltaics, thereby contributing to the development of better technologies," said EDF in a statement.
Photowatt was placed in receivership after filing for bankruptcy in November. The sole French manufacturer of photovoltaic cells has undergone in recent years the rise of Chinese manufacturers. In 2011, the decrease in tariffs for solar electricity in France has exacerbated the difficulties of SMEs, which showed a net loss of 80 million euros.
EDF has agreed to inject 75 million euros as part of the recovery of the company. "This transaction will enable the Group, through its subsidiary EDF, to take over the assets of Photowatt and 100% of its subsidiary PV Alliance2 and get an exclusive worldwide license to the heterojunction technology, currently under development, "said the electrician in a statement.
Basma – International Green Energy Correspondent – 28/02/2012
- World Record Trina Panel At Green Energy Wa
The results have been confirmed by TUV Rheinland, with a 156x156mm 60 cell module reaching 274 Watts peak. HAMBURG, Germany Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV)...
- Q-cells Will Build Europe's Largest Solar Park
German solar group Q-Cells will build Europe's largest solar park after finding two investors for the 91 megawatt MW project, boosting its shares by nearly 16 percent.The solar park — located near the city of Brandenburg an der Havel, about an hour...
- Solar Energy: Soitec Gets Approval For Five Contracts In California
Soitec, producer of silicon insulators, a material used to manufacture electronic components, has been authorized by the authorities of California to purchase agreements for solar energy plants with a total capacity of 155 megawatts. The group said in...
- Tunisia: The Future Is Solar
Remember when we talked about the solar energy progress in Tunisia and the difficulties it was having? Yes? Do you also remember that we promised you to keep you updated too? Yes? Great! Then keep on reading for an update, but if you’ve missed that...
- Solar Energy: “photowatt” Files For Bankruptcy
Photowatt, the leading French photovoltaic panels’ manufacturer, located in Bourgoin-Jallieu (Isère) was placed in receivership, as announced by the financial daily “Les Echos (4/11)”. The company had already been hit by a social plan in March...