Trina Solar's first quarter results: domestic sales down
Photovoltaic module manufacturer Trina Solar Limited has announced their first quarter results for 2013. Module shipments saw a sequential decrease and Europe continued to bring the largest revenue slice for Trina Solar. Domestic sales saw a fall.
Yingli losses more than double in first quarter
Yingli Green Energys net loss more than doubled in the first quarter of the year to CNY 611.8 million ($98.5 million, 75.6 million) as PV module shipments declined, resulting in a 15% drop in revenue to CNY 2.68 billion ($431.4 million). The group also announced a new finance chief as well as major deal in South Africa for 96 MW of PV modules for a new solar plant.
Wafer squeeze a result of EU tariffs
While the politics surrounding the EU tariffs on Chinese photovoltaic modules continues to play out, possible effects of the tariffs are beginning to emerge. Manufacturers in Taiwan look set to benefit, but whether European cell and wafer capacity is ready or adequate to pick up the rest of the slack is yet to be seen.
Hanwha SolarOne narrows first quarter net loss as shipments rise
Hanwha SolarOne Co. Ltd. narrowed its net loss in the first quarter as higher shipments boosted overall revenue.
SolarWorld Q1 losses surpass $50 million
Declining shipments, price pressure and a downturn in the domestic market took their toll on SolarWorlds bottom line in the first quarter of the year: the one-time industry leader saw a significant drop in revenue while losses swelled dramatically.
EU considers possibility of negotiated settlement with the U.S. for China solar trade dispute
EU Trade commissioner Karel De Gucht met with Chinese vice minister of Commerce Zhong Shan for an informal meeting on Monday in Brussels to discuss the EU-China solar trade dispute, according to an EU statement released on Monday. The EU might seek U.S. help, if necessary.
New Minnesota law boosts solar industry
The U.S. state of Minnesota has passed a law that will significantly expand the region’s solar sector and lead to more than 450 MW of solar power by the end of the decade.
[UPDATE] Merkel and Li pledge to defuse EU-China solar trade dispute
German Chancellor Angela Merkel and Chinese premier Li Keqiang called for an end to the EU-China trade dispute at a joint press conference in Berlin yesterday (Sunday).
Affordable Solar, Sunnova launch leasing program in New Mexico
Affordable Solar and Sunnova Energy Corp. are offering residents of New Mexico a new solar panel leasing program that promises fixed, long-term rates and lower prices than current electricity costs.
EC aims for investment pact with China
The European Commission has proposed its member states open talks on an investment agreement with China despite the ongoing anti-dumping investigations between both parties.
