The latest report from IHS shows worldwide market shipments for solar PV inverters declining 5% year-on-year in the second quarter. The demand fall in key European markets has contributed to the decrease, a first since the third quarter of 2011.
Inverter manufacturer Sputnik Engineering has decided on a strategic re-orientation to meet current market challenges. The company sees a stronger focus on Europe and the US as one of the primary measures to be undertaken. Already in August this year the company announced a strategic restructuring which affected the jobs of about 50 employees.
Spanish solar cells and modules producer Isofoton has seen an increase in European orders for its modules since early August. The company has cited the antidumping measures as having boosted the sales figures.
Chinese module manufacturer Trina Solar reported a 64.6% increase in second-quarter module shipments compared to the first quarter while nearly halving its net loss.
A floating solar power station is due to be tested in Kolkata, India. An expert team is currently working on the prototype which is funded by the Indian Ministry of New and Renewable Energy.
The German state of Saxony has approved a request by SolarWorld to conduct six further test drillings into the lithium deposits in Zinnwald, a mountainous area near the Czech border.
The market share of thin film photovoltaic panels is expected to decline each year to 2017 according to the latest NPD Solarbuzz PV Equipment Quarterly report. First Solar and Solar Frontier will continue to hold the bulk share of thin film production.
Solar photovoltaic equipment manufacturer Meyer Burger Technology Ltd. has released a rather bleak 2013 first half report on its company sales. However expressing optimism, the company stated that it expects market dynamics to help restore the balance for cells and modules over the next 6-12 months.
Photovoltaic module producer Trina Solar has announced that it will be supplying 250 MW of modules to the Copper Mountain Solar 3 project in Boulder City, Nevada.
Bernhard Beck said the policies of the current government in Berlin mean it is impossible to consider developing another 128 MW solar park like the one he was inaugurating at Templin, in Brandenburg state.
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