When solar manufacturers update their financials at the moment it is rarely to bring good news and Trina Solar was no exception as it updated its Q1 performance today.
Reflecting the manufacturing slowdown in the global PV market, U.S. solar group Spire Corporation has posted a 57% drop in its first quarter revenue to $3.2 million.
Although polysilicon manufacturer MEMC’s first quarter results paint a picture familiar for companies with solar as part of their offering, the drag of photovoltaics on the balance sheet was not a severe as has been seen elsewhere.
Solar module manufacturer Yingli Green Energy has cemented its relationship with the state-owned China Power Investment Corporation by signing a deal to supply 220 MW of its modules to the Chinese government-owned power company.
A loophole in the commissioning of solar projects under India’s Jawaharlal Nehru National Solar Mission (NSM) which allowed developers to bypass domestic content requirements is set to be closed.
Swiss engineering conglomerate ABB has joined the race for a slice of the lucrative Japanese solar market by demonstrating its solar muscle with a PV installation on one of its factories in the country.
Centrosolar Group AG’s preliminary first quarter results reflected both a sharp decrease in the sale of PV modules and the general downturn in the German PV market.
German PV group Phoenix Solar saw its net loss grow from 1.2 million to 5.8 million in the first quarter of the year as revenue declined 19.4% to 30.6 million from January to March.
Troubled solar panel maker SolarWorld will host creditors next month at two separate meetings with the goal of appointing creditor representatives and outlining its efforts to restructure.
After months of speculation, Bosch has today confirmed it will exit the crystalline solar sector. As of 2014, the German company will cease production of its photovoltaic ingots, wafers and cells. It will also “quickly” sell its solar business units, including its majority stake in aleo. Decreasing prices has been blamed for the decision. Up to 3,000 employees will be affected, tells pv magazine.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.