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 countrys fastest growing businesses. The 2011 Inc. 500|500 was announced yesterday.
Japans renewable legislation PM Kans 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.
Meyer Burger continues strong year
Upstream photovoltaic equipment manufacturers Meyer Burger Technology Ltd. has continued its strong start to 2011, posting a strong second quarter (Q2) earnings before interest, taxes, depreciation, and amortization (EBITDA) margin.
Despite losses, Suntech increases Q2 shipments
Like many of the photovoltaic module manufacturers, Suntechs balance sheets have been hit hard by falling prices and an unsettled market. Despite this, the company says it has upped its shipping ante.
US: 2 MW project for low-income families
In what is believed to be the countrys largest publicly funded photovoltaic installation for affordable housing, the Housing Authority of the County of Santa Barbara (HACSB) has installed residential solar systems for 863 low-income housing units. The project cost USD$12.25 million.
