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.
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.
The Swiss company which today announced the development of colored solar panels says its products suffer only a ‘negligible’ loss of efficiency compared to traditional photovoltaics.
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 plant pipeline, which is said to total over six GW.
Power company Constellation expects to complete a 2.6 MW solar installation at fiberglass manufacturer Owens Cornings Delmar, New York factory, by the end of the year.
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.
In an ironic twist to the usual direction of the global solar module market, U.S. photovoltaic panel manufacturer Solaria has broken into the Chinese market with the help of a low-cost product.
South Africa’s public utility Eskom has signed power purchase agreements (PPA) for nine photovoltaic projects worth 417.1 MW, under the countrys renewable energy expansion program. Meanwhile, the government has expressed concern about the grid’s capacity to absorb additional electricity from renewable energies systems.
U.S. building integrated photovoltaics (BIPV) developer New Energy Technologies Ltd has announced significant advances in its patented SolarWindow, spray-on solar power coating system.
The Climate Investment Funds (CIF) has recently given four countries from the MENA region the green light to develop 1.1 GW of concentrated solar power (CSP) via an updated solar plan. US$660 million will be provided by CIFs Clean Technology Fund (CTF).
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