Latest headlines
North Carolina lawmakers support renewable energy standards
An attempt to repeal the U.S. state of North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard (REPS) legislation has been defeated. A vote at the committee stage of the repeal legislation’s progress was...
ReneSola posts Q3 loss
While its second quarter (Q2) 2011 gross figures were impressive, recording a USD$45.9 million profit, ReneSola has posted a loss of $7.7 million, for the third quarter (Q3) 2011.
Yingli ups shipping record, but posts falling gross margin
Yingli Solar may have seen another quarter reach "historical" photovoltaic module shipping highs, but its financial figures have been impacted by the weak solar market conditions. The company’s gross margin and operating results...
Canadian Solar: Higher shipments and revenues, but falling gross margin
Unlike many of its peers, Canadian Solar seems to have pulled through the third quarter (Q3) of 2011 rather well, having recorded both sequential and annual photovoltaic module shipment and revenue increases. The company’s gross...
Hanwha also posts significant financial losses
Another victim of the depressed market conditions, Hanwha SolarOne has seen third quarter (Q3) 2011 losses, leading to full year module shipment guidance reductions. Like many, the company believes the financial woes will...
Suntech positive despite Q3 declines
Suntech, affected by the depreciation of the euro, has posted third quarter (Q3) 2011 declines across the board. The company believes the current market troubles will continue into the first half of 2012. However, by mid-year, it...
Solar lobby rallies against sudden FIT changes
In the latest move in its campaign against the government’s halving of its feed-in tariff (FIT), the UK Solar Future campaign rallied today at the Houses of Parliament.
China's Trina also sees big Q3 losses
It seems there is no escape from the third quarter (Q3) woes this year. Trina is the next solar company to post weak financial figures on the back of the "challenging" market conditions. Questions also remain over new technology...
LDK Solar posts second consecutive quarterly loss
Vertically integrated photovoltaic manufacturer LDK Solar has announced its third quarter (Q3) results for 2011, revealing a USD$17 million loss.
JinkoSolar endures rough Q3
As one of the few solar companies to post positive second quarter (Q2) 2011 financial figures, Q3 must have come as quite a shock for JinkoSolar, which experienced significant declines.
Diversification and integration keys to surviving solar shakeout
In a new solar study, Bank Sarasin has named the five companies most likely to survive the current market shakeout, and identified those which are set to fail. International diversification and vertical integration are the...
Forum Solarpraxis: More foreign investment and lobbying needed
After an opening day that seemed somewhat overly focused on the German market, the second day provided a whistle-stop, round-the-world tour encompassing both prominent and emerging markets from Europe and beyond. The key issues...
US market predicted to fall short
If module manufacturers and photovoltaic equipment suppliers were looking to the U.S. for markets to compensate for weak European demand, they may be set to be disappointed, a new report has warned.
Morocco: World Bank support's solar plans
The World Bank has approved a U.S.$297 million loan to Morocco to aid in the financing of the Ouarzazate Concentrated Solar Power Plant Project. This will be one of the first large-scale plants of its kind in North Africa.
EuPD Research: IEA’s PV forecast "too low"
The latest report on the world's electricity future from the International Energy Agency (IEA), delivered late last week, forecasts a conservative outlook for the development of photovoltaics until 2035. EuPD Research says that...
"Occupy" movement moves to rooftops
While the "Occupy Wall Street" movement, protesting against financial injustice, has spread to many cities in the U.S., Europe and even China, a global "Occupy Roofs" solar initiative is being launched out of California.
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