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REC: Revenues down 24%, but overall losses significantly lowered

solar plant, photovoltaics

Despite a 24% decrease in revenues in Q1 2013, the Renewable Energy Corporation ASA (REC) managed to significantly lower its losses, compared to the last quarter of 2012. In addition to posting its Q1 financial figures, the...


19. January 2012 | | Comment now

First off-grid systems and modules delivered to Vietnam

German foundation GÖDE reached an important milestone in its initiative "Solar Energy for Education". The first PV off-grid systems, solar modules and material for further stand-alone PV systems, have arrived in Vietnam after...


Röttgen for further reductions in solar subsidies

The German Budersrat.

The Environment Minister is for stronger cuts in solar feed-in tariffs (FITs) in Germany. There will be a discussion with industry representatives tomorrow.


MEMC refutes Japanese investment claims

PV in Japan.

Earlier this week, some news outlets published claims that MEMC Electronic Materials, through its SunEdison subsidiary, was going to invest 350 billion yen (USD4.6 billion) in Japan’s downstream photovoltaic market. The report...


Germany: New proposals for solar subsidies

A solar PV park in Germany.

As installed photovoltaic capacity for the fourth quarter, 2011, surprises many, pv magazine speaks with consumer protection expert, Holger Krawinkel, the Head of Building, Energy and the Environment at the Federation of German...


Siemens and Masdar Institute sign agreement

Siemens Energy and Masdar Institute of Science and Technology in the UAE have signed a one-year agreement for cooperation in solar energy technology research and development to enhance the use of photovoltaic (PV) panels in the...


Rise of Chinese equipment suppliers

An Applied Materials PV machine.

In a week where mixed signals have been emerging from the photovoltaic equipment market, NPD Solarbuzz figures indicate growing revenues during 2011. Looking to the future is another story however, with the analysts predicting a...


Solar Frontier to supply world’s biggest CIS/CIGS project

The Solar Frontier plant.

Japanese thin-film producer Solar Frontier has announced today that it will supply a 100 MW Californian power plant. The company has already delivered 26 MW Catalina Solar Project, in Kern County, California, which is set to...


aleo solar forecasts 2011 loss

A photovoltaic factor in Prenzlau.

German-based photovoltaic manufacturer and distributer aleo solar today announced earning forecasts for 2011. Coming in at 462 million euros, the result represents a 17 percent decrease in revenues from 2010.


New analysis shows solar PV is competitive in the Middle East

Dubai City.

Solar photovoltaic electricity is competitive with conventional fossil fuel-based electricity generation, particularly for peak demand during the middle of the day, in the Middle East and North Africa (MENA), according to a new...


New world record for cadmium-telluride

First Solar has announced today that it has achieved 14.4 percent total area efficiency for its CdTe (cadmium-telluride) PV modules. The U.S. Department of Energy's National Renewable Energy Lab (NREL) confirmed the record, which...


German equipment sales increase

A photovoltaic manufacturing facility.

Capturing a global market share of 50 percent, German equipment manufacturers have recorded year-on-year sales increases of 10 percent for the third quarter 2011, according to VDMA figures. Demand from Asia remains the...


Global solar investment surges ahead

A 48 megawatt solar array.

New figures from Bloomberg Energy Finance have shown that while the global economy remains sluggish, clean energy and solar in particular, continues to attract investment.


New York City-area firms receive $30 million for solar projects

The New York City skyline.

Forget New Jersey. The solar industry is "in a New York State of mind," to paraphrase singer Billy Joel, now that two government agencies have launched a five-year, USD150-million initiative to fund new large-scale photovoltaic...


UK: judgment postponed on High Court FIT appeal

A rooftop installation in the UK.

In the case that all the solar industry in the UK will be watching closely, judges at the Court of Appeals said today that they will deliberate on the government’s appeal against the High Court’s recent findings that its cuts to...


California: 700 MW of PV projects approved

SOme solar panels in San Diego.

The Californian Public Utilities Commission approved today approved five renewable energy contracts worth 1,088MW. Three of the agreements were signed with Southern California Edison and Solar Star California–which is subsidiary...


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