Australia's solar paradox
Australia is experiencing falling enquiries to solar installers at the same time as households and businesses face fast-increasing electricity prices.
Suntech considers reducing production capacity; CEO new APVIA chairman
Suntechs founder and CEO, Zhengrong Shi has said the company may reduce some of its production capacity in the first quarter of 2012. In other news, he has been appointed the first chief chairman of the Asian Photovoltaic Industry Association (APVIA).
A new chapter begins for Asian solar
Today marked the opening of the PV Asia Pacific Expo at the Marina Bay Sands convention center Singapore. The event, which will be held until November 3, was kicked off with the announcement that Suntechs founder and CEO has been appointed the new the chief chairman of APVIA. Meanwhile, Southeast Asias solar importance has been highlighted.
Despite solid Q3, Wacker lowers full year guidance
Wacker Chemie AG has reported a relatively positive third quarter (Q3) 2011. However, the company is cautious about both the photovoltaic and semiconductor industries going forward. As a result, it has lowered its full year guidance.
UK looks to significantly slash solar FITs
The U.K. government has launched a consultation paper, which is proposing further, significant photovoltaic feed-in tariff (FIT) cuts for systems registered on or after December 12, 2011. It says that “urgent” action must be taken to avoid a “boom and bust” solar situation.
Morocco identified as location for 500 MW Desertec project
Desertec has announced that it will build its first solar power plant in 2012. Set to be located in Morocco, it is expected to be 500 megawatts (MW) in size.
US: Identification of solar energy zones to speed up permitting processes
Utility-scale solar development is set for a boost under new plans unveiled by the U.S. Secretary of the Interior yesterday. Through the identification of new solar energy zones (SEZ), it is believed permitting times will be reduced. Industry leaders have welcomed the news.
EU serious about Helios
In a sign that Greeces plan for vast expansion of photovoltaic capacity is gaining support at the highest levels of government, the European Council has mentioned it in a communiqué regarding currency stability measures.
AUO announces full operations at Japan solar site will resume soon
In announcing its third quarter (Q3) financial results, AUO Optronics has said affiliate company M.Setek is expected to resume full operations at its solar factory in Soma, in Mid-November.
Slow solar equipment business bites Manz
Manufacturing equipment supplier Manz has today revised down its earnings for 2011 on the back of weak demand for solar equipment. The company has a turnkey CIGS line and is a single machine supplier to select customers.
