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WDAS snaps up three Power Cloud solar generation companies

Japan solar.

World Assurance Group enters solar power generation business with purchase of three operating companies from Power Clouds Pte Ltd.

LDK posts US$1.05 billion net loss in 2012; signs 500 MW supply contract

Debt-ridden LDK Solar has recorded an enormous 2012 net loss totaling US$1.05 billion, significantly up from the $608.95 loss seen in the previous year. Meanwhile, it has signed a wafer supply agreement worth 500 MW with...

Gehrlicher secures €85 million in financing as it seeks to expand international operations

Gehrlicher HQ Dornach bei Muenchen

Germany’s Gehrlicher Solar AG has received €85 million in financing for another two years from an international group of banks led by BayernLB.

SNEC: Trade case uncertainty further depresses investment

SNEC 2013 Solarpraxis booth

As the 2013 SNEC tradeshow closes its doors in Shanghai, uncertainty over the EU trade case and lack of cash flows remain major impediments to investment and innovation. New business opportunities in emerging markets are also...

Germany calls for "conciliatory solution" to provisional AD PV duties

The EU anti-dumping Committee today met in Brussels to discuss the EU Commission's plans to impose average provisional AD duties of 47% on Chinese PV imports on June 6, among other trade cases. The outcome of the consultation...

EU AD duties on Chinese PV imports: A turning point for China?

Henning Wicht

Henning Wicht, principal PV analyst at IHS Solar, talks to pv magazine about the possible effects average AD duties of 47% on Chinese PV imports will have on prices, investors' business models, Chinese manufacturers, EPC players;...

EU to see PV price hike following AD on Chinese imports

Chinese solar photovoltaic manufacturing

The European Commission’s plan to slap Chinese PV modules with punitive anti-dumping duties could lead to a 45% surge in the average pricing for Chinese-manufactured products, result in yield reductions on some solar projects to...

SunPower issues positive 2013 guidance

SunPower solar photovoltaic plant

SunPower has issued guidance for the FY and Q2 2013. Overall, it expects a slight increase in revenue and gross margin compared to 2012, and increased photovoltaic production. It additionally issued details of its global power...

SMA considers further job cuts of 1,000

inverter solar energy

A total of 1,000 jobs are reportedly at risk at the German inverter manufacturer. SMA has not confirmed concrete figures, but it confessed that the board is evaluating such urgently needed measures.

China’s Hanergy acquires UK-based Engensa

Hanergy HQ

Hanergy has acquired U.K. solar installation firm Engensa for an undisclosed sum. The China-based thin film photovoltaic cell and module manufacturer is looking to expand its presence in the country’s residential solar market.

SNEC: Changing face of Chinese PV market

SNEC 2013

The second day of the SNEC tradeshow drew to a close today in Shanghai with challenges of the Chinese photovoltaic market and its changing nature becoming clear. A foggy day greeted attendees and the opaque nature of the Chinese...

Aleo Solar posts sharp drop in sales

In the first three months of this year the Bosch subsidiary suffered an almost 60% decline in sales compared with 2012. EBIT loss even nearly doubled and increased to more than €16 million.

SMA sees revenue drop nearly 50% in Q1

SMA Sunny Boy inverter production

Germany’s SMA Solar Technology reported a 47.6% drop in sales to €212.3 million in the first three months of the year as the company struggled with subsidy cuts in major markets, the still unresolved debt crisis and the...

[UPDATE] Conergy's Q1 loss narrows as shipments grow

The German photovoltaic company improved its net loss sequentially and increased shipments, despite sustained overcapacity and price declines.

SNEC: Intense competition evident in Chinese market

SNEC stand china

The 2013 SNEC trade show has opened today with talk of escalating photovoltaic trade wars ever present and the intense price competition in the Chinese module market evident. Attendance figures are not available, however first...

Trina Solar revises Q1 results down

Trina Solar module production.

When solar manufacturers update their financials at the moment it is rarely to bring good news and Trina Solar was no exception as it updated its Q1 performance today.

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