First Solar to cut 2,000 jobs in bid to save money
US company First Solar has announced plans to cut 2,000 jobs, as it restructures operations to achieve annual savings of $100m to $120m.
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Spanish renewables near grid parity, developer says
Incentive cuts are no longer an imminent threat to Spain's renewable energy industry, with solar projects continuing to be developed without government support, according to one UK-based developer.
View ArticleAlstom Wind to cut third of Spanish workforce
Alstom Wind today announced it is considering the axing of 373 jobs in Spain as a result of the ‘profound crisis which grips the sector in this country.’
View ArticleUS Treasury grant for renewable energy cut 8.7 per cent
Subsidies to US renewable energy developers under the Treasury Department’s 1603 grant programme are to be slashed by 8.7 per cent due to automatic cuts to the federal budget that took effect March 1.
View ArticleUK Chancellor to detail £2.5bn of budget cuts as Hinkley gets go-ahead
UK Chancellor George Osborne is to unveil cuts worth £2.5bn later as he sets out his plan for the country’s economy.
View ArticleREpower to cut 750 staff in major streamlining
REpower, the German wind turbine arm of Indian group Suzlon, will cut 750 staff as it aims to streamline operations to cut costs by €100m.
View ArticleSolarWorld to cut 100 jobs in US as it feels over-supply crunch
German solar panel manufacturer SolarWorld has notified state officials in the US that it will lay off 100 workers from Hillsboro, equivalent to 14 per cent of its workforce.
View ArticleConergy cuts 52 employees in October; expects sale soon
Insolvent German solar company Conergy, which was previously acquired by Kawa Capital management in August, says it will to lay-off 52 employees from its mounting-system manufacturing plant in October...
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