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Solar Tracking Systems Gain Ground

It sounds obvious: put solar panels on a movable mount to follow the sun and catch as much sunlight as possible. But applying solar trackers to a project is not clear cut. Developers not only have to consider cost and location but the type of tracker that best suits the project. Yet...

Siemens Will Shut Solar Unit on $1 Billion in Losses Since 2011

Siemens Will Shut Solar Unit on $1 Billion in Losses Since 2011

Siemens AG will close its solar power unit after struggling to find a buyer following losses of at least 784 million euros ($1 billion) euros since 2011 amid Chief Executive Officer Peter Loescher’s failed push into that business to expand...

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