A spokesperson has told pv magazine Siemens will “significantly” scale its inverter business back in 2013, due to the weakening demand for photovoltaic components. Meanwhile, the company has provided two reasons for its solar scale back.
Saint Gobain has opened its new Solar Gard manufacturing facility in Qingdao, China.
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.
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