MicroPlanet emphasized its various attempts to break the Australian market in trading update. According to the figures, no sales were registered in Q3.
Trina rules the world, oil is cheap as chips, Germany retreats from solar and Abengoa switches on 250 MW. It’s all here with all the week’s solar news in one handy article.
Relentless cost reductions will allow solar to prosper in the UK without support schemes as early as 2020, finds a report from think-do tank Thema1.
Chinese PV manufacturer ReneSola has seen its module and wafer shipments fall in Q3 2014 on both annual (YOY) and quarterly basis. It did, however, manage to increase its gross margin for the quarter to 15.3%.
Trina Chairman and CEO Jifan Gao says the company continued to meet or exceed financial and performance targets despite foreign exchange fluctuations and weaker demand in Europe.
The Chinese PV group continued to see strong demand for modules from China and Japan as well as from emerging markets, which increased by some 17% quarter over quarter.
In an interview with Germany’s Der Spiegel, Elon Musk called for a greater commitment to battery development from German automakers, arguing that large-scale battery production would lead to lower prices for electric cars.
Hanwha SolarOne on Friday reported record third-quarter shipments and an increase in revenue despite lower overall prices. While the Shanghai-based PV manufacturer remained in the red, it nevertheless managed to cut its loss by 49% year on year.
Bluestar Elkem, a division of the state-owned China National Chemical Corporation, has made an offer to buy the Norwegian PV module manufacturer for $640 million in a move that could secure a European beachhead for a major Chinese player.
PV manufacturing equipment, including PECVD, will be supplied to Mission Solar Energy. News was released shortly after a mixed trading update from Amtech.
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