Latest headlines
Power-One shareholders sue ABB
Swiss power and automation technologies giant ABB announced on April 22 the acquisition of inverter manufacturer U.S. Power-One. But shareholders of the American company are claiming that the US$1 billion sale price is too low....
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.
SNEC: "Solar Leaders Dialogue" dominated by EU-China trade dispute
Asian, American and European solar energy representatives met at the "Solar Leaders Dialogue", within the framework of SNEC 2013 tradeshow and conference in Shanghai, to discuss the industry's current challenges, trends and...
Greece announces drastic FIT cuts
The Greek Ministry of Environment, Energy and Climate Change (YPEKA) announced on Friday the new feed-in tariffs (FITs) for photovoltaic systems. An over 40% tariff reduction has been signed off on, both for ground-mounted and...
China: Heraeus opens revamped PV lab
As a side event to the SNEC trade show that will begin tomorrow in Shanghai, metal paste supplier Heraeus has opened an expanded photovoltaics lab at its Chinese branch, the Heraeus Materials Technology Shanghai (HTMS). Despite a...
IG Metall calls on Bosch to reconsider exit
IG Metall, Germany’s biggest industrial union, is calling on Bosch to reconsider its withdrawal from the crystalline solar photovoltaic business in view of the European Commission’s plan to slap Chinese imports with anti-dumping...
China calls for dialogue, consultation to address EU trade dispute
In response to the EU Commission's plans to impose provisional anti-dumping duties of an average 47% on Chinese solar imports as of June 6, China has called for dialogue and consultations to solve EU trade disputes.
Smart meter market is hotting up in China
The smart meter market is burgeoning in China, according to market research company IHS iSuppli, but manufacturers are being hit by a price erosion similar to that which devastated solar panel makers last year.
US$660 million available for CSP development in MENA region
The Climate Investment Funds (CIF) has recently given four countries from the MENA region the green light to develop 1.1 GW of concentrated solar power (CSP) via an updated solar plan. US$660 million will be provided by CIF’s...
Hyundai Heavy exits polysilicon business
The Korean conglomerate Hyundai Heavy Industries has withdrawn its shares from the joint venture Korean Advanced Materials, which manufactures polysilicon, according to a local media report. The sustained downturn in the...
Spire posts Q1 loss of $2.6 million, 57% drop in sales
Reflecting the manufacturing slowdown in the global PV market, U.S. solar group Spire Corporation has posted a 57% drop in its first quarter revenue to $3.2 million.
US manufacturer expands module production
In further positive news for solar manufacturing, U.S. photovoltaic company Suniva has announced it will be expanding its module production capability.
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