aleo solar forecasts 2011 loss
German-based photovoltaic manufacturer and distributer aleo solar today announced earning forecasts for 2011. Coming in at 462 million euros, the result represents a 17 percent decrease in revenues from 2010.
Q-Cells sets two new records
German company Q-Cells has announced that its crystalline 60-cell modules have set two new world records: the efficiency record of 18.5 percent for multi-crystalline modules and the module output of 238 watts based on 60 quasi-monocrystalline solar cells.
Rise of Chinese equipment suppliers
In a week where mixed signals have been emerging from the photovoltaic equipment market, NPD Solarbuzz figures indicate growing revenues during 2011. Looking to the future is another story however, with the analysts predicting a sharp downturn.
Suntech: One gigawatt shipment to Europe
Suntech has announced that it has shipped more than one gigawatt of PV panels to European customers in 2011.
REC reports contract termination payments
Norway-based solar company Renewable Energy Corporation has today reported wafer contract cash compensation in the order of NOK200 million (USD33.32 million). The payments will be received in the first quarter of 2012.
Support for young German enterprises
Intersolar Europe, in association with BMWi (German Federal Ministry of Economics and Technology), has announced that it will support young solar businesses at the PV conference in Munich, Germany for the fifth year running.
Q-Cells: negotiations with bond creditors put on hold
EXCLUSIVE: The payment of a bond, which is soon to be due, is being delayed by a complaint against the chosen representative of creditors. The repayment amounts to approximately 200 million, that becomes due at the end of February.
US: A new pact in California to be unveiled
Governer Edmund G. Brown and U.S. Interior Secretary Ken Salazar will meet at Elk Grove, California on Friday to unveil a new agreement that seeks to boost clean energy jobs in the state.
JinkoSolar moves into France
Chinese manufacturer JinkoSolar has announced that it will open a French subsidiary. The new office will be located in Montpellier, which the company describes as being in Frances “sun belt”.
First project for SunPowers new CPV tech
The Arizona State University (ASU), Salt River Project (SRP) and SunPower Corp. announced today that a one-megawatt (MW) project will go ahead, the first to use SunPowers C7, concentrating photovoltaic (CPV) technology. SunPower hopes the trackers can achieve the lowest levelized cost of electricity (LCOE) for photovoltaics.
