PV inverter shipments decline by 39 percent in first quarter 2011
Market uncertainty and high levels of unsold inverters in countries such as Germany, Italy and France have been cited as contributing factors behind the global drop in inverter shipments, says IMS Research.
Suntech revises guidance after first quarter declines
Having predicted a buoyant 2011 at the end of last year, Suntech has had to revise its full year revenue and consolidated gross margin guidance after experiencing both sequential financial and shipment declines. And, while year-on-year increases have been seen, the company expects the second quarter to be flat.
Japans rapidly expanding solar ambitions
In the wake of the Fukushima nuclear reactor disaster, a number of Japanese politicians and business leaders are hatching ambitious plans to vastly increase the countrys solar power capacity.
The search for ways against a fabless Europe
How can photovoltaic production be maintained in Europe in light of stiff Asian competition? There is no patent remedy. This became clear at the 5th SEMI Brussels Forum, which ended yesterday.
Australian solar installation program limited to Sydney
A proposed state-wide safety inspection campaign of solar installations in the Australian state of New South Wales (NSW) will be restricted to 500 spot checks in the states capital Sydney.
Roth & Rau expands Asian PV presence
Roth & Rau has acquired a China-based production facility. The aim is to expand the companys photovoltaic presence in Asia. The financial terms were not disclosed.
Global PV inventories reach record levels
Industry analysts have reported that levels of unsold photovoltaic modules have reached record highs.
Australian solar installation inspection program launched amidst political row
A state-wide inspection campaign of solar panel installations has been launched in the Australian state of New South Wales (NSW) while a political row continues over the state governments slashing of its feed-in tariff (FIT) scheme.
GT Solar raises 2012 fiscal guidance after successful year
GT Solar has notably increased its fiscal year 2011 revenues over the last 12 months, leading the company to raise its 2012 fiscal guidance. As with the majority of industry players, however, it did suffer sequential declines.
REC scales back PV production; announces lay-offs
The Renewable Energy Corporation ASA (REC) has said it will scale back its photovoltaic production activities due to weak market demand. Around 500 employees are expected to be affected.
