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.
According to media reports, Toshiba Corp. is planning to install 100 MW worth of solar in Japans in Minami Soma.
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.
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.
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 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.
3.2 GW, or US$9.6 billion worth of new photovoltaic installations are expected to be added in Japan, following the countrys solar electricity price announcement on June 18.
Activ Solar has completed the first phase of its Starokozache Solar Power Station, located in the Ukraines Belgorod-Dnestrovskiy, Odessa region. Overall, the power station will have a capacity of nearly 43 MW.
Thin film manufacturer, NovaSolar has filed for Chapter 11 bankruptcy, according to news reports.
Recurrent Energy is planning to sell a 100 MW photovoltaic portfolio to Mitsubishi Corporation and Osaka Gas. The acquisition will be complete once the facilities come online in Ontario, Canada.
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