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The pv magazine weekly news digest

Solar panel in the sunshine.

In a week shaped by three pivotal reports that each forecast a bright future for solar, there was still a reminder of the industry's unforgiving landscape for companies that fail to move with the times, and markets.

Punjab plans 700 MW-1 GW plant

The Cholistan desert.

The Punjab Energy Council has reportedly approved the large scale Quaid-e-Azam scheme. The solar plant project will be headed by Punjab chief minister Muhammad Shahbaz Sharif.

Positive sales figures thanks to antidumping measures, says Isofoton

Spanish solar cells and modules producer Isofoton has seen an increase in European orders for its modules since early August. The company has cited the antidumping measures as having boosted the sales figures.

Sputnik Engineering to undergo strategic re-orientation

Inverter manufacturer Sputnik Engineering has decided on a strategic re-orientation to meet current market challenges. The company sees a stronger focus on Europe and the US as one of the primary measures to be undertaken. ...

Germany: 313 MW of newly installed PV in July

The Federal Network Agency in Germany has presented the latest figures for added photovoltaic capacity in the country. Up to now around 2,110 MW of total capacity has been registered. Solar parks exceeding 10 MW are no longer...

Trade actions – more hyperbole than hardship

The Wall Street Bull.

The predicted catastrophic effects of trade wars on stock prices never materialized on Wall Street. Analaysts offer a cautiously positive outlook on the industry.

SolarWorld supplies largest solar project in Dominican Republic

The Dominican Republic.

U.S. manufacturer SolarWorld has supplied nearly 6,000 panels and racking for a 1.5 MW array at Cibao International Airport. The project is the largest in the Dominican Republic and one of the largest in Latin America.

Uzbekistan plans first solar plant

The flag of Uzbekistan.

The former Soviet republic of Uzbekistan is planning a $207m 100 MW solar plant in Samarkand. Construction is expected to start early next year.

PV recycling group opens German operation

PV recycling.

PV Cycle Deutschland will be based in Munich. After February, German PV importers and manufacturers must treat PV waste, under EU legislation.

REC shareholders to vote on new convertible bond

An REC facility in Singapore.

Rebellious REC shareholders will vote on a proposed $110m bond on Wednesday with a more controversial vote over splitting off the downstream solar business looming later in the month. REC wants to separate its module and silicon...

US to supply 20% of global solar demand to 2018

A 44 GW solar pipeline means the U.S. will supply 20% of global solar demand up to 2018, according to NPD Solarbuzz. The solar consultancy says California installed a state record 521 MW of PV from April to June.

Suntech: Restructuring process moves forward

Photovoltaic module producer Suntech Power Holdings held productive discussions with key stakeholders in China last week to discuss the restructuring of the debt-ridden company. Suntech has reached an understanding with its...

Dyesol sees falling revenues, increased losses

Dyesol organic PV.

Australian dye-sensitized photovoltaic technology developer Dyesol has racked up more than AUD$9 million in losses (US$8.02 million) and seen its revenues fall by almost half, in the 2013 Australian financial year – which closed...

Yingli Green Energy halves losses and posts 26.1% growth in second quarter

Second quarter revenue surges past $550 million as the company halves its losses for the second quarter of 2013.

Former Q-Cells SE insolvency proceedings gain speed

The creditors of Q-Cells SE, now renamed Global PVQ SE, have approved with a majority the procedural insolvency plan submitted by insolvency administrator Henning Schorisch. The first payout rate for this year has been set at...

Tritec activates 5.21 MW rooftop plant

A rooftop solar installation, in Switzerland.

The Swiss solar energy company Tritec has connected to the grid a 5.21 MW roof solar plant. Tritec says this is the largest solar power plant in Switzerland.

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