Aleo solar AG has said it expects to report consolidated revenue of at least 480 million for this year. The company further anticipates a solid EBIT (Earnings Before net Interest and Tax) margin.
Global sales of photovoltaic (PV) panels reached USD$37.2 billion last year, said the European Photonics Industry Consortiums (EPIC) Report on Photovoltaics: PV Market Overview 2009. During the same period, PV electrical generation capacity installed was 7.3 gigawatts (GW).
Wagner & Co Solar Technology has established an U.S. subsidiary in Cambridge, Massachusetts.
Italy is set to cut its production incentives for Europe’s third-biggest solar power market in 2011-2013 to adjust them to falling solar systems prices, said the Industry Ministry Undersecretary.
Singapores Housing and Development Board (HDB) has invested around USD$2.3 million in solar photovoltaics (PV) panels. This, says the board, is the country’s single largest solar panel procurement to date.
Soliant Energy has received UL Listing from the Underwriters Laboratories Inc. for its SE-500X solar cells. The company also says its SE-500X line is the first product certified to be under the SU 8703 UL draft standard, a new comprehensive code defined specifically to test safety parameters of concentrated photovoltaic (CPV) products.
Alanod-Solar has unveiled its new lacquering facility in Ennepetal, Germany. The new facility represents a total investment of USD$25 million and increases the companys annual capacity by nearly ten million additional square feet per year.
Hisco has said it has signed a distribution agreement with Hosiden to support the North American solar market.
Germany’s upper house of parliament has agreed to a compromise proposal to reduce the cuts for solar power incentives. The law can now enter into force.
Germany’s Bundesrat upper house of parliament has agreed to a compromise proposal to reduce the cuts for solar power incentives. The reductions will be implemented over a three month period.
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