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Suntech hits five GW milestone

Chinese photovoltaic manufacturer Suntech claims to be the first manufacturer to have produced five giawatts (GW) of solar modules that have been installed by customers and partners.

TSMC Solar progresses 300 MW CIGS fab

Taiwanese photovoltaic manufacturer, TSMC, announced today that it has completed the “equipment move in” stage at its CIGS fab in Taichung, Taiwan.

Phoenix Solar halves revenue and earnings outlook

In what may be a sign of things to come, photovoltaic system integrator Phoenix Solar has dramatically revised down its revenue and earnings outlook for 2011.

First Solar forms partnership in Chile

Thin-film module manufacturer First Solar will sign an agreement with developers in Chile today, in which it will agree to provide modules and engineering and procurement services for future projects in the country.

IMS Research: PV component profits set to fall

In its latest analysis of the polysilicon, wafer, cell, module and inverter industries, IMS Research has found that photovoltaic profits are set to fall by 70 percent in the fourth quarter (Q4) 2011, in comparison to Q4 2010. This is despite predictions of a ten percent sequential profit increase.

SunEdison secures USD300 million for North American funding

In one of the largest non-recourse credit facilities issued for photovoltaic projects, Deutsche Bank and Rabobank will provide a USD300 million facility to SunEdison for projects in the U.S. and Canada.

Q3 2011: Venture capital funding steady, mergers and acquisitions robust

In the latest report from clean energy consultants Mercom Capital Group, it has been revealed that solar continues to attract venture capital funding, while merger and acquisitions activity heats up.

Puerto Rico: Big savings from first PV power plant

The Governor of Puerto Rico held a press conference late last week to claim that electricity costs for consumers could drop as much as 40 percent when the first photovoltaic power plant is completed in the U.S. territory.

JinkoSolar completes phase one safety upgrade

Chinese photovoltaic manufacturer JinkoSolar announced today that it has completed the first phase of its environmental safety upgrade to its Haining City facility.

Australia: almost 50 percent of PV jobs lost

A new industry survey of the photovoltaic industry in the sunny state of Western Australia has shown that rapid growth has stalled, after the state government’s feed-in tariff scheme was wound up earlier this year.

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