Latest industry & suppliers headlines
Conergy: First quarter sales increase; falling operating profits
Conergy has bucked the trend to post increased first quarter 2011 sales. However, its operating profits have taken a tumble.
Scatec Solar completes 4 MW Italian PV plant
Norwegian company Scatec Solar has completed and grid connected a four megawatt photovoltaic plant in Puglia near San Marzano, in Southern Italy.
Q-Cells suffers sizeable Q1 losses
Falling foul to stagnating quarter one photovoltaic module demand, Q-Cells has reported a "significant" year-on-year sales drop. In response, it has adjusted the production of its cells and modules, and abandoned its guidance....
Canadian Solar posts positive YOY results; sees sequential declines
Performing more positively than many of its peers, Canadian Solar has posted positive quarter one figures, with year-on-year shipments, revenue, gross profit, gross margin and operating profit all increasing. In line with...
Yingli also affected by slowing PV module market
Another casualty of the slowing photovoltaic module market, Yingli Green Energy Holding Company Limited has revised its first quarter shipping guidance downwards. The company has also lowered its gross margin expectations.
Phoenix Solar to focus on rooftop PV after significant Q1 losses
Phoenix Solar has suffered significant revenue losses in the first quarter of 2011, with year-on-year figures falling 60 percent from €80.4 million to €32.4 million. There is belief the company will now focus more on the...
Conergy completes first North American PV installation
Conergy has completed its first North American photovoltaics installation. The 320 kilowatt system, developed in partnership with 21st Century, is located at Fujifilm’s branch office in Hawaii.