Latest headlines
Investment rumors boost SolarWorld stocks
Speculation that SolarWorld may receive a three-digit million investment from Qatar saw the German photovoltaic company’s stock temporarily jump. It has failed to respond to the rumors.
REC also experiences weak Q1
In what seems to be the overriding trend for photovoltaics companies in the first quarter of 2011, the Renewable Energy Corporation (REC) has reported decreased revenues due to weakened demand.
Q-Cells lays off contract workers
Germany-based Q-Cells SE has reportedly let the majority of its contract workers go, due to declining photovoltaic demand. The company’s permanent staff won’t be affected, according to sources.
Weak demand and sales decline characterize Sunways’ first quarter
Looking at its preliminary figures, Sunways AG experienced a significant sales decline of €22.1 million in the first quarter of 2011, in comparison to the first quarter of 2010. The reason cited was weaker than expected demand,...
Italy FIT farce could spill into next week
Speaking to industry representatives at Italy’s Solar Expo in Verona, confidence seems to be battered. While analysts had reported that the fourth Conto Energia would be signed today, media reports state that it will only be...
First Solar sees flat first quarter
First Solar executives didn’t have much good news to discuss on Tuesday when the company announced flat first-quarter sales and lowered earnings. Cuts in government subsidies in key European countries have squeezed solar panel...
Germany: Gehrlicher completes 4 rooftop PV systems
Gehrlicher Solar AG has completed a 3.1 megawatt photovoltaic rooftop project in Saxony-Anhalt, Germany.
Enecsys secures £25 million funding
Enecsys Limited has secured £25 million ($41 million) in equity financing. The company says it will use the money to further develop its photovoltaic micro inverter business and expand its global presence.
Constellation Energy acquires 30 MW Sacramento solar project
Constellation Energy has acquired a 30 megawatt (MW) DC (25 MW AC) solar project from Belectric, Inc. Currently under construction, it is scheduled to be commercially operational by the end of the year.
Silfab and Agris sign solar module agreement
Silfab Ontario Inc. and Agris Solar Co-operative Inc. have signed an agreement, under which Silfab will supply Agris with 9.3 megawatts of solar modules over the next year.
PSE&G and Matrix complete 2.8 MW solar project
Public Service Electric and Gas Company (PSE&G) and Matrix Development Group have completed two New Jersey rooftop solar installations worth 2.8 megawatts (MW).
India: Suntech and Sunborne enter into 100 MW supply agreement
Suntech Power Holdings Co., Ltd is to supply Indian company SunBorne Energy with 100 megawatts (MW) of solar modules over the next two years. They will be used for projects in India.
JinkoSolar releases positive Q1 results; announces new US president
JinkoSolar has weathered the slow start to the 2011 photovoltaics industry well, having posted positive first quarter results. Of particular note were its solar module shipments. It has also announced Ron Kenedi as the new...
Samsung and SMA create Ontario inverter partnership
Samsung C&T Corp. and SMA Solar Technology AG have joined forces to build industrial-size solar inverters at Celestica's facilities in Toronto, Canada.
Italy: Signing of new Conto Energia delayed by bickering
Italy’s fourth Conto Energia should be done and dusted. However, testing the photovoltaic industry’s already ragged nerves, it has emerged that bickering between Ministers has delayed the signing of the new decree. The final...
S.A.G. Solarstrom acquires 5.1 MWp Czech PV plant
S.A.G. Solarstrom AG has retroactively acquired a 5.1 megawatt peak (MWp) photovoltaic plant in Kamenicna, the Czech Republic, thus extending its portfolio to 25.1 MWp. The system was grid connected last December.
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