Latest markets & trends headlines

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.


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