SunPower issues positive 2013 guidance
SunPower has issued guidance for the FY and Q2 2013. Overall, it expects a slight increase in revenue and gross margin compared to 2012, and increased photovoltaic production. It additionally issued details of its global power plant pipeline, which is said to total over six GW.
Suntech reaches deal with bondholders
Suntech Power Holdings Co., Ltd. announced on Wednesday that it had agreed on a new forbearance deal with the majority of holders of its convertible notes.
EU to see PV price hike following AD on Chinese imports
The European Commissions plan to slap Chinese PV modules with punitive anti-dumping duties could lead to a 45% surge in the average pricing for Chinese-manufactured products, result in yield reductions on some solar projects to below 7% and cost Europe some 2 GW of new solar installations, according to a report by market research group IHS.
Germany calls for "conciliatory solution" to provisional AD PV duties
The EU anti-dumping Committee today met in Brussels to discuss the EU Commission’s plans to impose average provisional AD duties of 47% on Chinese PV imports on June 6, among other trade cases. The outcome of the consultation session was not revealed. Meanwhile, Germany has called for a “conciliatory solution.”
SNEC: "Solar Leaders Dialogue" dominated by EU-China trade dispute
Asian, American and European solar energy representatives met at the “Solar Leaders Dialogue”, within the framework of SNEC 2013 tradeshow and conference in Shanghai, to discuss the industry’s current challenges, trends and prospects. The panel was dominated by the EU Commission’s plans to impose provisional AD duties on Chinese imports.
SMA to focus on energy management
The photovoltaic inverter manufacturer is currently searching for new business models. The firm’s chief executive, Pierre Pascal Urbon, aims to reposition SMA as an energy management company.
SolarCity posts US$31 million loss in Q1
SolarCity announced today a loss of US$31 million in Q1 2013, as it increased its year-to-year customer base by 106%.
Trina Solar revises Q1 results down
When solar manufacturers update their financials at the moment it is rarely to bring good news and Trina Solar was no exception as it updated its Q1 performance today.
[UPDATE] Conergy's Q1 loss narrows as shipments grow
The German photovoltaic company improved its net loss sequentially and increased shipments, despite sustained overcapacity and price declines.
SNEC: Intense competition evident in Chinese market
The 2013 SNEC trade show has opened today with talk of escalating photovoltaic trade wars ever present and the intense price competition in the Chinese module market evident. Attendance figures are not available, however first impressions is that traffic is slower than in previous years.
