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.
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.
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,...
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 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...
Gehrlicher Solar AG has completed a 3.1 megawatt photovoltaic rooftop project in Saxony-Anhalt, Germany.
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 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 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.
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).
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 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 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’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 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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Opinion & analysis
Why do so many believe MENA is the next big solar market?, asks Yassir Gamil, managing director of Solarpraxis' new MENA office
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