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SolarWorld

U.S. solar manufacturers seek duties against China

Reuters

U.S. solar manufacturers today asked the Obama administration to slap duties of more than 100 percent on imports from China that they said were unfairly undercutting U.S. prices and destroying American jobs.

"Let us be clear, China has a plan for our market--to gut it and own it," said Gordon Brinser, president of SolarWorld Industries Americas at a news conference.

Trade relations with China have become a hot issue ahead of the 2012 U.S. presidential and congressional elections. The Senate last week passed a bill aimed at Beijing's currency practices, although the bill faces … Read more

SolarWorld looks to lure with new financing

You could call this a sign of the economic times coupled with the current populist enthusiasm for renewable energy.

The financing arm of solar manufacturing giant SolarWorld just announced it will offer new types of financing options to attract would-be solar panel owners who might not have the money to buy upfront.

Under a new program, homeowners can choose to defer payments on solar equipment altogether until they receive their eligible state and/or federal incentives. Residents in some states in the western U.S. are also being offered an option to lease Sunkits, SolarWorld's panels-to-nuts solar system kits … Read more

SolarWorld serious about buying GM's Opel

SolarWorld's offer to General Motors is no joke. The German-based solar-power company is serious about wanting to purchase GM's Opel division, SolarWorld CEO Frank H. Asbeck said Thursday morning on German radio.

SolarWorld announced on Wednesday that it's in the process of making an offer to General Motors for its Adam Opel (aka Opel) division for about 1 billion euros ($1.3 billion).

The initial announcement sparked a flurry of market, analyst, and media skepticism on Wednesday. Asbeck took to the airwaves to clarify his company's position on Thursday. (A transcript of the interview in German … Read more