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2011

Suntech hits five GW milestone

Chinese photovoltaic manufacturer Suntech claims to be the first manufacturer to have produced five giawatts (GW) of solar modules that have been installed by customers and partners.

Centrosolar reports positive Q3 EBIT, but reduces full year targets

Germany-based Centrosolar Group AG posted a positive third quarter (Q3) EBIT, but falling revenues. Overall, the company has revised its full year guidance downwards.

IPC awarded USD$2.5 million for solar inverter development

Ideal Power Converters (IPC) has been awarded USD$2.5 million by the U.S. Department of Energy (DOE), Advanced Research Projects Agency – Energy (ARPA-E) to develop lighter and cheaper solar inverters.

TSMC Solar progresses 300 MW CIGS fab

Taiwanese photovoltaic manufacturer, TSMC, announced today that it has completed the “equipment move in” stage at its CIGS fab in Taichung, Taiwan.

Two US PV landfill projects announced

PVNavigator, LLC is set to install a 3.1 megawatt (MW) photovoltaic system at a landfill in New Jersey. In related news, Tioga Energy and Chevron Energy Solutions have said they will build a 1.15 MW system atop a capped Californian landfill.

Phoenix Solar halves revenue and earnings outlook

In what may be a sign of things to come, photovoltaic system integrator Phoenix Solar has dramatically revised down its revenue and earnings outlook for 2011.

First Solar forms partnership in Chile

Thin-film module manufacturer First Solar will sign an agreement with developers in Chile today, in which it will agree to provide modules and engineering and procurement services for future projects in the country.

Platina refinances 9.5 MW Italian PV park for €37 million

Platina Partners LLP has secured €37 million in debt financing from the German Commerzbank for its Archangel photovoltaic park.

Conservation project launched at Europe’s biggest PV plant

A 13-year conservation-monitoring project has been launched at the FinowTower photovoltaic power plant site. Still under construction the plant, in Brandenburg, Germany, will be worth 84.5 megawatts on completion.

IMS Research: PV component profits set to fall

In its latest analysis of the polysilicon, wafer, cell, module and inverter industries, IMS Research has found that photovoltaic profits are set to fall by 70 percent in the fourth quarter (Q4) 2011, in comparison to Q4 2010. This is despite predictions of a ten percent sequential profit increase.

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