Isofotón given go ahead to develop 50 MW Ecuadorian PV plant
Isofotón has signed an agreement with the National Electricity Council of Ecuador (CONELEC) to install a 50 MW, around US$100 million photovoltaic plant in the parish of Calderón.
Solar business drags down Applied Materials' results
As Applied Materials today revealed its Q4 and financial full year results, chairman and CEO Mike Splinter struck an upbeat note, despite solars poor performance.
Community-owned solar: Like drinking milk without caring for the cow
Community-owned solar power is on the rise in the U.S. Kent James, chief strategy officer of Martifer Solar USA has implemented a series of projects with the Colorado-based Clean Energy Collective. In the following interview, he speaks to pv magazine about the benefits and barriers of the model, and discusses why the real traction for rapid solar garden development lies in its broad appeal for utilities.
Yingli issues preliminary Q3 guidance
Yingli Green Energy Holding Company Limited has issued preliminary Q3 2012 earnings results. Overall, it expects photovoltaic module shipments to decrease and a negative gross margin.
Conduit invests in 2 Peruvian PV plants
New York-based private equity investment firm Conduit Capital Partners LLC has revealed the details of its investment in two Peruvian solar plants worth 40 MW.
PPA signed for 50 MW New Mexico PV park
El Paso Electric Company (EPE) has signed a PPA for Element Power’s 50 MW Macho Springs photovoltaic plant near Deming, New Mexico.
Industry analysis: Half of tier 3 polysilicon suppliers face bankruptcy
The bleak outlook for the global polysilicon industry has been laid bare by the prediction that half of the world’s tier 3 polysilicon suppliers face bankruptcy in the months ahead.
Were under no pressure to sell modules at a loss Canadian Solar CEO
Tier 1 photovoltaic module supplier Canadian Solar has released Q3 figures that show declines in the volume of modules shipped and in revenue, thus culminating in a net quarterly loss of US$43.7million.
China: New leadership in Beijing and plenty of promise for distributed PV in Guangdong
Organized by SEMI China, the Distributed PV Application and Commercialization Forum opened today in Shunde, Guangdong province. Overall, it was felt that Chinas new Presidential appointments will bode well for the domestic photovoltaic market, and that Guangdong and China are about to do a lot more in distributed photovoltaic power.
IEA: Renewables to rival coal by 2035
Unhampered by a massive surge in the output of oil and natural gas, especially in the U.S., renewables will take their place in the sun by 2035, according to the findings of the World Energy Outlook 2012. Overall, solar power is expected to grow more rapidly than any other renewable technology. Subsidies will continue to play a key role in development, however.
