Trina announces revised Q3 guidance
Trina Solar is also suffering from the shaky solar market conditions. As such, it has revised its full year photovoltaic module shipment downwards.
LG-Suntech acquisition rumors denied
Despite media reports to the contrary, both parties have denied that LG Electronics is looking to buy out Suntech.
MEMC also revises 2011 guidance down
MEMC Electronic Materials Inc. has revised both its full year 2011 and fourth quarter (Q4) guidance downwards after suffering from significantly lower wafer prices and solar energy system sales. While SunEdisons photovoltaic pipeline increased impressively, revenue saw a sharp decline.
Inquiry into UK PV FIT cut proposals launched
The U.K. Parliaments Environmental Audit Committee and Energy and Climate Change Committee has launched an inquiry into the Department of Energy and Climate Changes (DECCs) proposed photovoltaic feed-in tariff (FIT) cuts.
PV production capacity expansions to "dramatically" slow
According to new research, photovoltaic wafer, cell and module capacity expansions are predicted to “slow dramatically” from now until the first half of 2012. It was also found that while supply of these products has grown by 54 percent since the start of the year, demand has only increased by 19 percent.
BTU experiences weak Q3 due to "slim" solar orders; announces layoffs
BTU International Inc. which, among other products, produces thermal processing equipment for solar cells, has experienced a weak third quarter Q3 2011. The results were said to have been primarily affected by the weak solar market. It has also announced staff layoffs.
Ukraine: Activ Solar completes another 20 MW PV system
Activ Solar has been living up to its name recently. Having already announced the completion of an 80 megawatt (MW) photovoltaic park in the Ukraine, the company had today said it has finished a further 20 MW of another project, also located in the country.
Q-Cells announces 91 MW PV project
Q-Cells has begun work on what it says is Europes largest photovoltaic park. Located near Berlin, Germany, the 91 megawatt (MW) project is expected to supply energy to around 22,500 households.
Singapore set to play with PVs big boys
The Asia Pacific PV Expo closed on a positive note today as the pre-monsoon rain drizzled outside the Marina Bay Sands convention center. The numbers were perhaps not as high as what many exhibitors had expected, but the companies present told pv magazine it was the quality of the visitors who stopped by their booths, and not the quantity that counted.
Faced with new Solyndra subpoena, White House stands firm and seeks impartial review
Refusing to be intimidated by scandal-starved Republicans, the Obama Administration pushed back on October 28 – not only declining to provide more documentation on the spectacular collapse of the California-based solar company, Solyndra LLC, but also mandating its own independent, 60-day review of Energy Department loans.
