Future of Germanys PV industry discussed
Industry experts are currently discussing the future of the German solar market in Berlin, following the amendments to the countrys renewable energy law (EEG).
SolarBridge obtains $25 million for expansion
U.S.-based photovoltaic microinverter company, SolarBridge Technologies has secured US$25 million in Series D funding.
Inventux lets 67 employees go
Inventuxs insolvency administrator has, after fruitless negotiations with Germanys labor agency, let 67 employees go, mainly from the already significantly-reduced production side.
North America: PV module supply shortage; higher costs; lower ROIs
The preliminary antidumping tariffs announced by the U.S. Department of Commerce (DOC) could see up to 45 percent, or 1.5 gigawatts (GW) of photovoltaic module shipments to North America suspended. Meanwhile, module costs are expected to rise, and returns on investment (ROI), decrease.
Yingli sees Q1 improvement despite dumping tariffs
Yingli Green Energy Holding Company Limited has recorded a relatively positive first quarter (Q1), despite the imposition of preliminary dumping tariffs by the U.S. While its financials significantly improved sequentially, it still suffered major losses compared to Q1 2011.
Hanwha SolarOne sees mixed Q1 results
Having curtailed its photovoltaic module shipments to avoid potential retroactive tariffs from the U.S., Hanwha SolarOne has seen a decrease in activity in the first quarter (Q1) of 2012. Overall, its financials achieved mixed results. Despite this, it is confident about the future.
Bankruptcy or acquisition facing half of PV manufacturers
“At least” half of the worlds existing photovoltaic manufacturers will either go bankrupt or be taken over, according to Ernst & Young and Bloomberg New Energy Finance (BNEF). Meanwhile, they have identified three key solar trends: financing innovations; residential grid parity; and the trading of large project portfolios.
Motech to sell US polysilicon facilities
Motech Industries Inc. has announced it will sell off its U.S. polysilicon manufacturing operations, due to the “drastically” changing solar industry and weak economies of scale.
Germany: Record 40 percent solar weekend
Early summer weather has seen Germanys photovoltaic power plants feed 22 gigawatts (GW) back into the grid in a 24-hour period. In fact, so high was production that on Saturday at midday, 40 percent of the countrys total energy demand was supplied by solar power.
Australia: 210 MW shortlist emerges
The Australian Capital Territory (ACT) has reached the final stage of its selection process for a scheme in which 210 megawatts (MW) of large-scale solar projects will be added to the territory. The smallest of Australias states and territories, the ACT hopes to become the countrys photovoltaic leader.
