According to new research released, Chinas non-residential photovoltaic pipeline is standing at 16 gigawatts (GW). In 2011, the countrys newly installed capacity is expected to reach over 1.8 GW. The building mount sector is also projected to grow.
As President Barack Obama arrived at the G20 summit in France on November 3, the acrimonious Solyndra face-off reached a flashpoint in the U.S. Congress.
Amongst a range of announcements, thin-film manufacturer First Solar has announced that it will “postpone commissioning” of its 250-megawatt (MW) Vietnam factory. The announcement was made only hours after the inauguration of its second factory (FF02) at its Frankfurt (Oder) site in Germany.
Another victim of this years turbulent solar market, solar cell manufacturer, SunPower has said it will be implementing a restructuring program in the fourth quarter (Q4)of this year. Having missed its 3Q 2011 revenue and margin expectations, it has significantly revised its Q4 guidance downwards.
Trina Solar is also suffering from the shaky solar market conditions. As such, it has revised its full year photovoltaic module shipment downwards.
Taking the wheel once again at First Solar, chairman of the board and interim CEO, Michal J Ahearn set out a new direction for the company in a conference call to discuss the companys third quarter (Q3) results.
The U.K. Parliaments Environmental Audit Committee and Energy and Climate Change Committee has launched an inquiry into the Department of Energy and Climate Changes (DECCs) proposed photovoltaic feed-in tariff (FIT) cuts.
U.S. President Barak Obama has dipped into the debate surrounding the SolarWorld-sponsored “trade case” it, along with an unnamed coalition of U.S. manufacturers, has filed against Chinese manufacturers.
According to new research, photovoltaic wafer, cell and module capacity expansions are predicted to “slow dramatically” from now until the first half of 2012. It was also found that while supply of these products has grown by 54 percent since the start of the year, demand has only increased by 19 percent.
BTU International Inc. which, among other products, produces thermal processing equipment for solar cells, has experienced a weak third quarter Q3 2011. The results were said to have been primarily affected by the weak solar market. It has also announced staff layoffs.
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