Latest PV market updates
China’s Hanergy acquires UK-based Engensa
Hanergy has acquired U.K. solar installation firm Engensa for an undisclosed sum. The China-based thin film photovoltaic cell and module manufacturer is looking to expand its presence in the country’s residential solar market.
SNEC: Changing face of Chinese PV market
The second day of the SNEC tradeshow drew to a close today in Shanghai with challenges of the Chinese photovoltaic market and its changing nature becoming clear. A foggy day greeted attendees and the opaque nature of the Chinese...
Aleo Solar posts sharp drop in sales
In the first three months of this year the Bosch subsidiary suffered an almost 60% decline in sales compared with 2012. EBIT loss even nearly doubled and increased to more than €16 million.
SMA sees revenue drop nearly 50% in Q1
Germany’s SMA Solar Technology reported a 47.6% drop in sales to €212.3 million in the first three months of the year as the company struggled with subsidy cuts in major markets, the still unresolved debt crisis and the...
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...
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%.
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.
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