Sun Sets On Solar Power In Germany; Industry Slashes 50% Of Jobs In Two Years

Germany’s solar power industry shed a staggering 5,000 jobs over the past two years, reducing the size of the industry by more than half, according to new data released on Tuesday by the Federal Office for Statistics.   A prolonged supply glut induced by cheap Chinese solar imports has resulted in a scourge of bankruptcies at several of Germany’s erstwhile elite solar manufacturers, including Q-Cells, Conergy and Solon.   In 2012, the solar industry employed more than 10,000 workers in Germany. More than half of those jobs have vanished over the past 24 months, according to figures from the Federal Office for Statistics.   The solar jobs data was shared with reporters from Frankfurter Allgemeine Zeitung, which stated that less than 5,000 Germans are currently employed by the solar power industry – the lowest employed level in nearly half a decade.   Similar data was not available for other sectors of the renewable energy industry, but some signs of distress have surfaced in sectors outside of solar.   In 2013, Germany’s offshore wind power manufacturers cut more than 2,000 jobs, according to the Industrial Union of Metalworkers, the Germany’s largest metalworkers’ union.

GDF SUEZ Canada Announces Start of Commercial Operation of the 99MW Cape Scott Wind Project in British Columbia

Cape Scott is the joint venture's tenth wind installation in Canada.

Iberdrola S.A. Awarded 300 MW Combined-Cycle Power Plant Project in Baja California, Mexico

Work on the $270 million plant and associated facilities will begin in April 2014 with commercial operation planned for August 2016.

Vivint Solar Acquires Solmetric Corporation

SunEye, PV Designer and PV Analyzer products to be further developed to serve and grow existing Solmetric customer base

ReneSola to Provide 57 MW of Virtus PV Modules to Isolux Corsan

ReneSola began delivery in December 2013 and the three projects are expected to connect to the grid in March of this year.

BELECTRIC Selects Canadian Solar to Power 4 New Utility Power Projects in Southern California

The projects (Otoe Solar, Navajo Solar and Powatan Solar in Apple Valley and Industry Solar in Adelanto) are part of Southern California Edison's (SCE) California Renewable Energy Small Tariff (CREST) feed-in tariff program, which is aimed at developing smaller scale utility power plants to provide distributed sources of clean energy.

Canadian Solar Announces the Sale of a 10MW Utility Scale Solar Power Plant in Ontario To a Fund Managed by BlackRock

The construction of the Westbrook solar plant is already underway, with commercial operation expected in the second quarter of 2014.

Yingli Green Energy to Supply 2 MW of Solar Modules to Maqo Solar for Residential Projects in Malaysia

The Company's multicrystalline YGE Series solar modules, which will be delivered throughout 2014, will generate enough electricity for approximately 500 typical Malaysian homes.

WattJoule Licenses Flow Battery Technology Developed by PNNL

The redox flow battery is well-suited for storing intermittent, renewable energy on the electric grid.

SolarReserve Opens Office in Dubai, Establishing Hub in the MENA Region

SolarReserve opens an office in Dubai, meeting the needs of an expanding customer base as it develops solar projects in MENA.

Solar Power To Save Kuala Lumpur International 2.1 Million RM Per Year In Energy Costs

MAHB and SunEdison Deliver Malaysia's First Airport Solar System

SunPower Announces Program with Bank of America Merrill Lynch to Finance $220 Million in Residential Solar Lease Projects

SunPower Lease Offers Attractive Financing and Direct-from-Manufacturer Performance Guarantee

First Results of Varentec Grid Edge Control to be Presented at DistribuTECH 2014

Varentec is the first company to successfully deploy a large number of distributed, dynamic voltage control devices to optimize a distribution power network.

Real Capital Solutions Expands Solar Power Operations

Real Capital Solar helped build and finance a total of 1.55 MW of solar facilities in Colorado. As a result of their expansion, in 2014 Real Capital Solar will generate 2,580 MWh of renewable energy, offsetting 3,461,220 pounds of carbon from CO2 emissions, which is equivalent to 51,660 trees cleansing the air for one year, or eliminating the emissions from the burning of 178,413 gallons of gasoline.

Yingli and Trina Grab 15 Percent of Solar PV Industry in Q4 2013, According to NPD Solarbuzz

Market leaders shipped a total of 5.8 GW in 2013; both are targeting 1 GW of quarterly PV shipments.

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