Becky Beetz
China Sunergy expects adverse 2H
On the back of paltry Q2 2012 financial results, China Sunergy expects its business to be adversely affected in 2H. The usual suspects oversupply, weak market demand and low ASPs were identified as the main culprits. Downstream projects are still a focus for the company.
Gehrlicher grid connects 35 MWp German PV park
Gehrlicher Solar AG has connected its 35 MWp Perleberg photovoltaic park to the German grid. The project was said to have been completed in just 2.5 months.
UK: Lark Energy plans 30 MW PV park
Lark Energy has announced it is planning to develop a 30 MW photovoltaic park in Suffolk, the U.K.
Yingli records significant Q2 net loss; lowers FY shipment guidance
Continuing its battle with the tumultuous solar market conditions, Yingli Green Energy Holding Company Limited has recorded a massive Q2 2012 net loss and decreased revenues. For the full year, the company has lowered its photovoltaic module shipment guidance.
JA Solar also posts net loss; decreases FY shipment guidance
Like Yingli, JA Solar has experienced a weak Q2 2012, compared to Q1. Annual improvements have been seen, however and a new sales record set. Overall, the company has revised its FY shipment guidance downwards.
Hanwha wins Q.Cells bid
Q.Cells SE has announced that the South Korea-based Hanwha Group has won its bid to take the insolvent Germany company over.
US: 8minutenergy and Gestamp receive go ahead for 275 MW of PV projects
8minutenergy Renewables, LLC and Gestamp Solar have received Conditional Use Permits (CUP) from Californias Imperial County Board of Supervisors for 3 photovoltaic projects worth 275 MW.
Helios to install 30 MW PV plant in Nigeria
Helios Energy will install a 30 MW photovoltaic plant in central northern Nigeria, following the signing of a memorandum of understanding (MOU) between the German company and the Governor of Kaduna State.
GCL receives approval to build 340 MW of PV in China
GCL-Poly Energy Holdings Limited has received approval from Chinas National Energy Bureau to start work on 340 MW worth of photovoltaic projects in the Datong Shanxi province.
Panasonic and Coronal Management establish solar financing company
Panasonic and Coronal Management LLC will establish a new solar company in North America, under which funding will be provided for distributed generation solar systems built by Panasonic Eco Solutions North America.
