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Markets & Policy

Japan: Renewable energy signed into law

While details of the scheme are pending, photovoltaics looks set to receive a major boost in Japan with a renewable energy bill passing through the upper house of parliament today. Analysts Jefferies predict solar to be the big winner under the scheme and said that the law, “will become an eventual feed-in tariff (FIT).”

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REC extends PV production shutdown

REC has extended its photovoltaic production shutdown in Norway until the end of the year.

Hanwha SolarOne posts Q2 loss

In another sign of a tough photovoltaic market, Chinese cell and module manufacturer Hanwha Solar Co. has posted a small loss for the second quarter (Q2) of 2011. Reduced gross profits and increased operating expenses were blamed for the RMB32.3 million (USD$5 million) loss.

Roth & Rau sells off CTF subsidiary

Roth & Rau has sold its Roth & Rau CTF Solar GmbH (CTF) subsidiary off to an unidentified Chinese manufacturer. The financial sum was not disclosed.

Falling prices hit inverter supplier revenues

Industry analysts IMS Research has released its quarterly PV Inverter Supply and Demand report, which shows that, while shipment volumes have increased markedly over the year, falling prices have resulted in decreased revenues for inverter suppliers.

Conergy denies rumors of production line closures in Frankfurt Oder

Following rumors that Germany-based Conergy is looking to reduce its Frankfurt, Oder manufacturing operations and close down certain production lines, a works council called a meeting to inform the employees about the situation.

US: Solar proves fertile ground for fast growing companies

In a demonstration of photovoltaics’ rapid expansion in the U.S., entrepreneurial and business magazine Inc. has named a number of solar companies in its list of the country’s fastest growing businesses. The 2011 Inc. 500|500 was announced yesterday.

Japan’s renewable legislation PM Kan’s last act

Democratic Party Prime Minister Naoto Kan has informed his cabinet that he will step down however it appears as if his final act in power will be to see renewable energy legislation signed into law.

Solar soldiers Down Under

The Australian National University (ANU) has been working with the Australian Defense Force (ADF) to produce wearable photovoltaic cells for its soldiers. The researchers claim the resultant SILVER solar cells are efficient, rugged, flexible and light.

Trina Solar profits despite the downturn

Vertically integrated manufacturer Trina Solar has continued to operate profitably, after today reporting an operating income of USD$32.8 million for the second quarter (Q2) of 2011. Module shipments worth 396 megawatts (MW) were also reported.

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