Latest markets & trends headlines
EU to see PV price hike following AD on Chinese imports
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 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
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...