Latest PV market updates
Falling prices and increased competition from China is making business tough for local PV producers, yet they've also spurred PV development while offsetting incentive cutbacks.
The German inverter manufacturer maintained its share of international sales at 68% while first-quarter figures were in line with forecasts.
A new energy plan approved by the Japanese cabinet last month makes the case for the accelerated rollout of photovoltaic power generation in communities and municipalities throughout the nation.
Financed by ThomasLloyd and built by Conergy, the $45 million San Carlos I and II PV project is seen as a major achievement and a key part of the country's efforts to expand solar power generation.
While First Solar is focusing primarily on North America, the Chinese group is thriving in its domestic market, which is expected to grow 31% this year.
The companies signed a purchase agreement in March. The French photovoltaic manufacturer has agreed to take over 128 of the approximately 230 employees and continue the production of solar modules.
The Bavarian company has teamed up with a local partner to set up a PV module fab in the North African country.