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07. August 2015 | | Comment now

Sunrun: Disappointment after initial NASDAQ debut high

The fourth largest solar installer in the U.S. Sunrun made its NASDAQ debut this week. The euphoria of going public fizzled when the company's stock prices started tumbling.

Trina sees significant Q2 net loss; revises FY shipment guidance

Jifan Gao Trina Solar Chairman CEO

Industry overcapacity and demand constraints have been attributed to Trina Solar’s flailing Q2 2012 financials. In addition to recording a significant net loss, the company’s revenues fell and operating expenses increased....

Sovello abandons production

Sovello production image

From the end of August, the insolvent Sovello will stop all production on its photovoltaic product assembly lines. Almost all of the employees will be terminated. Meanwhile, investor discussions are said to be difficult.

Juwi exits German PV rooftop business

Juwi solar photovoltaic rooftop

Germany-based juwi has said it will not build any more photovoltaic rooftop systems in Germany. The decision will affect around 60 to 80 employees, who, it is hoped, can be incorporated in other areas of the project designer's...

India accuses US of "ruining" domestic PV industry

First Solar thin film photovoltaic modules cadmium telluride

India’s Centre for Science and Technology (CSE) has launched a scathing attack on U.S. photovoltaic manufacturers, claiming they are "ruining" India’s domestic photovoltaic manufacturing industry by taking advantage of the US$30...

China’s polysilicon producers urge EU dumping probe

WACKER POLYSILICON chip inspection

Four Chinese polysilicon producers have urged the Chinese government to initiate an anti-dumping and anti-subsidy investigation into European imports of solar grade polysilicon, according to reports.

Interview: Centrotherm discusses reorganization proceedings and future strategies

Centrotherm HQ Germany

pv magazine caught up with Tobias Hoefer, the expert for reorganization on the board of Centrotherm AG and responsible for insolvency protection proceedings, and with CTO, Peter Fath to discover the current state of affairs,...

Approvals for Greek PV systems stopped, drastic cuts introduced

Greece solar photovoltaic installation

The Greek government has said it is seeking to restore liquidity to the electricity market through the introduction of new measures. A part of this change will see photovoltaic funding drastically cut and approvals for PV systems...

Japan: Orix to install 200 MW of solar

Japan flag

According to reports, Japan-based Orix Corp. will invest a total of 54 billion yen, or US$680 million in the installation of 200 MW of solar projects.

Isofotón signs PPA for 50 MW PV plant in Dominican Republic

Dominican Republic 18k W solar photovoltaic system Commision Nacional de Energia Santo Domingo

Following the signing of a PPA between Spain-based Isofotón and the Dominican Republic government, work can finally proceed on the company's 50 MW photovoltaic plant.

Sunways sees significant Q1 losses

Sunways Quai de Valmy Paris Fassade

Sunways AG has recorded significant Q1 2012 financial losses on the back of material production shortages and selling price pressure. Sales revenues in Asia did see an upturn, however. Looking ahead, the company has declined to...

Hanwha wants to keep Q.Cells' German production

Q.Cells Thalheim Solar Valley

According to media reports, Hanwha is interested in keeping Q.Cells’ photovoltaic production in Germany. However, it is still unclear whether a final offer has been made.

Grid Alternatives secures $2 million for Colorado expansion

Grid Alternatives solar photovoltaic installation rooftop

U.S.-based non-profit solar company, Grid Alternatives has secured US$2 million from Wells Fargo for its expansion into Colorado.

Canadian Solar misses Q2 shipment target, records further losses

Canadian Solar photovoltaic modules in park

Canadian Solar Inc. has missed its Q2 2012 photovoltaic module shipment guidance, thus ending the quarter with higher than planned inventory. Despite this, the company still expects to ship between 1.8 and 2 GW of product for the...

Suntech’s Shi steps down

Zhengrong Shi, Suntech

In a surprise announcement, Suntech Power Holdings Co. Ltd has said founder Zhengrong Shi – one of the most prominent solar industry figures – has stepped down from his CEO position. The company will now be led by David King.

Hanwha’s proposed takeover of Q.Cells welcomed

Q.Cells HQ building Germany

An official confirmation that Hanwha has already submitted its Q.Cells SE takeover offer is still to be made. Nevertheless, the announcement has been welcomed.

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