A new report has identified a number of opportunities for photovoltaic equipment manufacturers to turn a profit. The key is product differentiation, according to the author, who states that photovoltaic manufacturers with idle capacities cannot afford to not upgrade their production equipment. Meanwhile, Germanys grip on the market is said to be slipping.
Signs are emerging that photovoltaics is finally taking the right course to overcapacity recovery. For the first time since the mid-2000s, says NPD Solarbuzz, the industrys book-to-bill ratio is negative, thus indicating the cancellation of capacity expansion plans.
Saint Gobain has signed a memorandum of understanding to set up and operate a CIGS thin film photovoltaic module facility in Saudi Arabia.
Global photovoltaic inverter shipments are expected to reach 8.6 GW in Q4 2012, thus representing the “largest final quarter ever recorded”. Despite this, falling inverter prices are predicted to dampen revenues. Meanwhile, in 2013, China is set to become the largest market.
A new online tool that permits solar energy developers to precisely explore the availability of solar resources for the entire territory of continental Chile has been launched by Chiles Ministry of Energy, and the Faculty of Physical Sciences and Mathematics at the University of Chile.
SoloPower has officially opened its new CIGS thin film photovoltaics manufacturing facility in Portland, Oregon. It is targeting 400 MW of annual capacity.
Bosch has opened a second photovoltaic module line at its manufacturing facility in France, thus taking capacity to 150 MW.
On the back of weakened demand from Asian customers, sales of German photovoltaic equipment have fallen by half in Q2 2012, compared to the same period last year. To maintain competitiveness, cooperation with local industry is urged.
Using just 60 solar cells, Meyer Burger Technology Ltd has created a 303 W photovoltaic module in production conditions. “Significant” cost reductions are expected to follow.
Netherlands-based power equipment supplier, 3W Power/AEG Power Solutions, has officially inaugurated its new solar inverter manufacturing facility in South Africa.
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