Latest headlines
Solairedirect to manufacture 120 MW of ReneSola modules
Under a toll manufacturing agreement, Solairedirect SA will produce 120 MW of China-based ReneSola’s photovoltaic modules in South Africa over a period of three years.
Flextronics and MEMC expand PV panel agreement
Under an expanded agreement, Flextronics will produce photovoltaic panels for MEMC's SunEdison subsidiary at its Malaysian manufacturing site.
SolarWorld on a US roll
Going against the grain, SolarWorld has experienced a lucrative first quarter, having seen increases in its shipments, revenue and EBIT. The company attributes its success to its U.S. business activities.
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.
Gehrlicher reports record 2010 sales; sets ambitious 2011 goals
In posting its 2010 financial results, Gehrlicher Solar AG has announced it achieved record sales figures, having driven profits from €325 million in 2009 to €343 million in 2010. The company is now looking to increase this to...
Q1 PV module shipments decline
According to research, photovoltaic module shipments have declined for the first time since the start of 2009. Prices are also "rapidly" decreasing. While this situation is expected to continue into the second quarter,...
Centrotherm bucks the trend to post Q1 profit
With the majority of solar companies recording negative first quarter results, Germany-based Centrotherm Photovoltaics AG proved to be a rare ray of sunshine in the industry, having posted growth of 64.2 percent.
Trina revises Q1 guidance
Trina Solar has revised its first quarter guidance ahead of its first quarter results. Photovoltaic module shipments have been adjusted downwards, while both its in-house and overall gross margins have been increased.
Centrosolar expands export business; predicts strong second quarter growth
Having increased its export business from last year, Centrosolar says 72 percent of its €71.1 million first quarter revenue was generated outside of Germany. But, as with many solar companies, the company’s year on year revenues...
First Solar and CPINE form US-China PV partnership
First Solar, Inc. and China Power International New Energy Holding Limited have signed a strategic cooperation framework agreement, under which they will work on photovoltaic projects in China and the U.S.
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