China launches US renewable energy trade barrier investigation
The U.S.-China trade investigation launched by SolarWorld is fast turning into a mudslinging match between the two countries. Now, it has been reported that China will be investigating U.S. renewable energy policy support and subsidies.
PV price shifts and painful consolidation
2011 has, arguably, presented photovoltaic companies with the toughest solar market challenges to date. Subsidy cuts, freefalling prices, weak demand, overcapacities, financial uncertainty, insolvencies: these factors, and many more, have conspired to test companies mettle. However, what has led the industry to this situation, and what is in store for 2012? According to the analysts, intensified consolidation and falling component prices, and a situation where only the vertically integrated will survive.
European Commission supports Desertec-Medgrid MOU
The signature of a Memorandum of Understanding (MOU) between the Desertec Industry Initiative (Dii) and Medgrid, under which the development of renewable energies will be promoted in the EU and countries in the Southern Mediterranean, has been welcomed.
Google drops solar program
As part of an “off-season spring cleaning series” aimed at dropping products that havent made the impact expected, Google has announced the end of its ‘Renewable Energy Cheaper than Coal’ (RE
Serbia plans 1 GW, 2 billion solar park
The Republic of Serbia and Securum Equity Partners have signed a framework agreement, under which they intend to realize a one gigawatt (GW) solar park in Serbia.
Canadian Solar: Higher shipments and revenues, but falling gross margin
Unlike many of its peers, Canadian Solar seems to have pulled through the third quarter (Q3) of 2011 rather well, having recorded both sequential and annual photovoltaic module shipment and revenue increases. The companys gross margin, however, took a big hit.
Yingli ups shipping record, but posts falling gross margin
Yingli Solar may have seen another quarter reach “historical” photovoltaic module shipping highs, but its financial figures have been impacted by the weak solar market conditions. The companys gross margin and operating results were hit particularly hard.
ReneSola posts Q3 loss
While its second quarter (Q2) 2011 gross figures were impressive, recording a USD$45.9 million profit, ReneSola has posted a loss of $7.7 million, for the third quarter (Q3) 2011.
JinkoSolar endures rough Q3
As one of the few solar companies to post positive second quarter (Q2) 2011 financial figures, Q3 must have come as quite a shock for JinkoSolar, which experienced significant declines.
LDK Solar posts second consecutive quarterly loss
Vertically integrated photovoltaic manufacturer LDK Solar has announced its third quarter (Q3) results for 2011, revealing a USD$17 million loss.
