Latest headlines

Energy Union: Germany, Norway to link grids

ABB map of Norwegian, German power grid interconnection

The NordLink project will be Europe's longest HVDC power grid interconnection, enabling the transmission of 1.4 GW of renewable energy. ABB has won the $900 million order to connect the nations' grids.


Solar shares in freefall

After the recent announcement of the radical changes to the feed-in tariffs (FITs) in Germany, solar stocks are showing a stark downward trend.


Sunways recommends accepting LDK takeover offer

LDK Solar branding

Both the management board and the supervisory board of Germany-based Sunways AG have deemed the offered price of €1.90 per share by LDK Solar as "adequate".


Trina plans expansion despite hard hit 2011 financials

Trina Solar screenshot

Trina Solar Limited experienced a rough 2011, with gross profits and operating income particularly hard hit. Despite this, module shipments were on the up and sales outside of Europe exceeded 50 percent for the first time....


PV tracker system revival to boost BoS revenue growth

IMS Research photovoltaic BoS 2012 graph

New research has found that although balance of systems (BoS) revenues are forecast to fall in 2012 due to price erosion, they will increase over the next four years to hit US$24 billion in 2016. Meanwhile, tracking systems are...


Germany unveils radical new FIT strategy

Norbet Röttgen

As was reported yesterday, Germany’s politicians have made some serious changes to the country’s pioneering feed-in tariff (FIT) scheme. Specifically, a one-off cut will be applied in March, monthly tariff reductions will begin...


Samsung and HHI deny solar exit rumors

Hyundai solar power factory in Eumseong

Various media sources have reported that Korean electronics giants, Samsung and Hyundai Heavy Industries (HHI) are looking to significantly scale-back their solar businesses. However, according to the companies, the rumors are...


Germany plans PV cuts of over 30 percent

Bundestag

According to initial media reports, Germany’s politicians want to implement sharp cuts, earlier than scheduled, to its photovoltaic subsidies. Furthermore, the guaranteed tariff should be limited at 90 percent. The ministers...


Yingli expects 30 percent Q4 module decrease

Yingli Green Energy Fine Silicon Building, China

Having preannounced its fourth quarter (Q4) 2011 financial results, Yingli Green Energy Holding Company Limited has said it expects photovoltaic module shipments to sequentially decline by 30 percent. Meanwhile, its gross margin...


Canadian Solar ups Q4 2011 shipping guidance

Staples Center

In a move not seen from solar companies for a while, Canadian Solar has upped its fourth quarter (Q4) 2011 shipping guidance. The photovoltaic module manufacturer did not provide preliminary financial figures, however.


JinkoSolar opens module testing lab

Solar photovoltaic park with JinkoSolar modules

China-based JinkoSolar has opened a "cutting edge" photovoltaic module testing laboratory in China’s Jiangxi. The manufacturer aims to conduct test programs independently.


Storage: Investment in CRES systems to hit $4.2 billion through 2022

Batteries

Pike Research has announced that investments in community and residential energy storage (CRES) systems will increase to more than US$4 billion in the next decade.


Germany: 36 percent of electricity from renewables by 2020

Germany solar photovoltaic installation

Frost & Sullivan's energy group has forecast that overall electricity generation in Germany will decrease from 625 terrawatt-hours (TWh) in 2010 to 590 TWh in 2020. This change is attributed to energy efficiency measures and...


UK: DECC takes FIT appeal to Supreme Court

UK Supreme Court

Following the High Court ruling at the end of January, which saw the U.K. Department for Energy and Climate Change’s (DECC’S) judicial appeal regarding feed-in tariff (FIT) changes thrown out, the department has officially...


Poor PV demand and declining European share set to continue into 2012

Germany solar photovoltaic park by Conergy

Analysts at Jefferies have painted a poor picture for photovoltaic demand during the first quarter (Q1) of 2012, and "very real … demand concerns" for the whole year. Overall, they expect European and global demand to fall by 42...


Sunways FY 2011 in line with expectations

Sunways photovoltaics components manufacturer

Germany-based Sunways AG has announced its preliminary fourth quarter (Q4) and full year (FY) 2011 financial results, which are said to be "in line with expectations". These expectations include annual sales of €115.4 million and...


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