GE has announced that it has entered into an agreement to supply 24 MW of photovoltaics to Invenergy. It will be installed at the Grand Ridge Solar project, which adjacent to the 210-MW Grand Ridge Wind project, which GE also supplied.

In what may cause a headache for SolarWorld, a Christmas card sent from the German branch of the company has caused outrage amongst some Chinese-American’s involved in the photovoltaic industry. The card features an Asian caricature with a Fu Manchu mustache dressed in a Santa suit.

In a price move that hasn’t been seen for some time, photovoltaic module prices increased in the fourth quarter of 2011, according to figures published today by IMS Research.

The British Government has introduced a plan to lower photovoltaic feed-in tariffs (FIT) with effect from March 3, 2012.

Earlier this week, some news outlets published claims that MEMC Electronic Materials, through its SunEdison subsidiary, was going to invest 350 billion yen (USD4.6 billion) in Japan’s downstream photovoltaic market. The report said that the funds had been earmarked despite many details surrounding Japan’s feed-in tariff being unclear.

German-based photovoltaic manufacturer and distributer aleo solar today announced earning forecasts for 2011. Coming in at 462 million euros, the result represents a 17 percent decrease in revenues from 2010.

In a week where mixed signals have been emerging from the photovoltaic equipment market, NPD Solarbuzz figures indicate growing revenues during 2011. Looking to the future is another story however, with the analysts predicting a sharp downturn.

New figures from Bloomberg Energy Finance have shown that while the global economy remains sluggish, clean energy and solar in particular, continues to attract investment.

Capturing a global market share of 50 percent, German equipment manufacturers have recorded year-on-year sales increases of 10 percent for the third quarter 2011, according to VDMA figures. Demand from Asia remains the overwhelming trend.

Norway-based solar company Renewable Energy Corporation has today reported wafer contract cash compensation in the order of NOK200 million (USD33.32 million). The payments will be received in the first quarter of 2012.