Latest headlines
Swiss giant ABB expands inverter production in South Africa
ABB is expanding operations in South Africa’s booming photovoltaic market with plans for a new inverter production line with a capacity of 500 MW a year.
SMA considers further job cuts of 1,000
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 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
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
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
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
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.
SolarCity posts US$31 million loss in Q1
SolarCity announced today a loss of US$31 million in Q1 2013, as it increased its year-to-year customer base by 106%.
SMA to focus on energy management
The photovoltaic inverter manufacturer is currently searching for new business models. The firm's chief executive, Pierre Pascal Urbon, aims to reposition SMA as an energy management company.
SNEC: "Solar Leaders Dialogue" dominated by EU-China trade dispute
Asian, American and European solar energy representatives met at the "Solar Leaders Dialogue", within the framework of SNEC 2013 tradeshow and conference in Shanghai, to discuss the industry's current challenges, trends and...
Greece announces drastic FIT cuts
The Greek Ministry of Environment, Energy and Climate Change (YPEKA) announced on Friday the new feed-in tariffs (FITs) for photovoltaic systems. An over 40% tariff reduction has been signed off on, both for ground-mounted and...
China: Heraeus opens revamped PV lab
As a side event to the SNEC trade show that will begin tomorrow in Shanghai, metal paste supplier Heraeus has opened an expanded photovoltaics lab at its Chinese branch, the Heraeus Materials Technology Shanghai (HTMS). Despite a...
IG Metall calls on Bosch to reconsider exit
IG Metall, Germany’s biggest industrial union, is calling on Bosch to reconsider its withdrawal from the crystalline solar photovoltaic business in view of the European Commission’s plan to slap Chinese imports with anti-dumping...
China calls for dialogue, consultation to address EU trade dispute
In response to the EU Commission's plans to impose provisional anti-dumping duties of an average 47% on Chinese solar imports as of June 6, China has called for dialogue and consultations to solve EU trade disputes.
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