China Sunergy suffers Q3 losses; misses shipment targets
The Chinese manufacturers are also suffering from the global solar slowdown. In announcing its third quarter (Q3) 2011 results, China Sunergy has recorded a poor financial performance and missed its shipment guidance. It expects Q4 to remain weak.
Coveme first European PV components supplier to open Chinese factory
Photovoltaic backsheet producer, Coveme Group, opened its Chinese production facility yesterday in Zhangjiagang City, Jiangsu Province, China. It is the first time a European photovoltaic components supplier has openend a manufacturing plant in the country.
SunLink announces 50 percent cell production cutback, but there is hope
SunLink PV with its headquarters in Zhangjiagang, China, last week reduced its photovoltaic cell production capacity by 50 percent in light of reduced European demand and better pricing from third party cell suppliers.
Solarhybrid and First Solar in talks over Solar Millennium PV pipeline takeover
Solarhybrid AG and First Solar are in talks to form a joint venture, which would come into effect if solarhybrids plans to take over Solar Millenniums U.S. photovoltaic pipeline work out.
UK: JinkoSolar supplies PV modules to 14 MW worth of projects
JinkoSolar has supplied 14 megawatts (MW) worth of its photovoltaic modules to photovoltaic projects carried out by AEE Renewables plc and EPC Graess Solartechnik in the U.K.
Day4 Energy announces job losses, new CEO and business merger
Day4 Energy has announced that 28 employees will be let go as part of cost cutting measures designed to weather the current solar storm. It has also signed a letter of intent with Ever Energy Ltd to merge its operations, and announced a new CEO.
Construction on 280 MW Mojave Solar Project ramps up
Construction on Abengoas 280 megawatt (MW) concentrated solar power (CSP) project in San Bernardino County, California is ramping up.
US-Chinese trade war heats up
Set to be one of solars biggest topics of 2011 – a year already riddled with immense price pressure, insolvencies and investment issues – the U.S.-Chinese trade war is heating up. SEMI is the latest participant to make public its disgruntled feelings towards the petition. Meanwhile, CASM has vented its frustration at CASMs defense of Chinas “anti-competitive trade aggression”.
Australia: SilexSolar halts PV module production
Australias only photovoltaic panel producer has suspended all of its manufacturing operations. Most of its employees have been made redundant.
Azerbaijan to manufacture solar batteries
Azerbaijan, a former Soviet state and the largest country in the Caucasus region of Eurasia, is setting up a solar battery manufacturing facility. According to sources, it should be ready to enter production by December.
