Sovello: Big job cuts expected
According to reports, almost half of Sovellos workforce could be let go. Company management declined to comment, however.
Restructuring plan for Solarwatt expected by end of July
Solarwatt has said that by the end of July, it will submit a restructuring plan, with the expectation that the process will be completed by the end of September. Furthermore, its module warranty has been secured.
Solar stocks react well to government incentives in Japan
The power of governmental legislation in driving solar stocks was again brought to the fore this week, as prices rose sharply on the back of favorable information coming from Asia.
Study: PV would reduce electricity prices for Texan consumers
According to a new study, adding photovoltaics to the Texan electricity grid would “significantly” reduce energy prices.
JinkoSolar misses Q1 module shipment guidance
Amid the still challenging solar market conditions, Chinese photovoltaic module manufacturer, JinkoSolar saw some first quarter (Q1) 2012 financial improvement. However, it is still suffering massive losses, compared to Q1 2011. Meanwhile, the company missed its module shipment guidance.
Toshiba plans 100 MW of solar for Japan
According to media reports, Toshiba Corp. is planning to install 100 MW worth of solar in Japans in Minami Soma.
California: Soitec Solar receives $25 million for CPV expansion
One of Soitec Solars U.S. subsidiaries has received a US$25 million Department of Energy (DOE) grant to support its concentrator photovoltaic (CPV) module expansion.
Centrotherm appoints restructuring officer
Germanys centrotherm photovoltaics AG has appointed a new chief restructuring officer (CRO) to help implement its ct focus restructuring program. Meanwhile, the company founder has stepped down.
UK: 30 MW PV park in the planning
Lark Energy has announced it is currently working on a 30 MW photovoltaic park in the U.K. When complete, it will be the countrys largest. In related news, solar investment opportunities in the country have been highlighted.
Canadian Solar invests in 122 MW North American PV pipeline
Canadian Solar Inc. has announced its involvement in a North American photovoltaic pipeline, which will see the Chinese module manufacturer install 122 MW by 2014. The move is part of its strategy to move downstream.
