Japan and China hold fate of PV in their hands
Consultant predicts more than 45% of the world’s demand for solar power will come from the twin Asian markets in the rest of 2013. A record 35.1 GW of demand is predicted for the full year figure.
June stock report: The EC and China try to cut a deal
Solar equities investors are trying to navigate turbulent waters as uncertainty clouds the way to long-term safety and security.
China Sunergy sees first-quarter revenue increase
China Sunergy saw revenue rise 13.4% in the first quarter of 2013 as it continued to expand operations in emerging markets. The company is aiming for a return to net profit in 2013.
SMA to start South African inverter production by Q1 2014
German company is expanding South African presence with manufacturing facility and will supply 125 of its Sunny Central inverters to two new PV schemes announced today.
Sunrun secures $630m for residential rooftops
JPMorgan subsidiary is among the investors as San Francisco based third party ownership company builds on recent expansion into 11th state. CEO claims company is installing $2m of systems daily.
Cyprus inaugurates 10 new PV parks
Cyprus electrifies 10 new solar PV parks totalling 1 MW. Installed PV capacity on the island has reached 25 MW with up to 100 MW more due in the next two years.
Gehrlicher becomes preferred solar supplier to US government
U.S. federal departments can buy Gehrlicher products such as rooftop and ground mount arrays and solar carports using online process thanks to five-year GSA contract. Extension options could mean 20 years of federal custom for subsidiary of German parent.
Solar has a place as Obama outlines climate change policy
The U.S.’ historic climate change policy, announced today, has a role for solar, but only alongside natural gas, nuclear and CCS as “clean energy technologies.” Pledges will add up to more than 13 GW of renewables by 2025.
No news is good news, the message from Beijing
Trade commissioner Karel de Gucht repeats desire for amicable solution to solar stand-off but talks with Chinese opposite number were not part of the latest EU-China Joint Committee. Technical negotiations on the issue have moved from Brussels to Beijing.
SMA braces for hefty drop in revenue
Executives at German inverter manufacturer SMA have said that second quarter revenue will likely fall from 429 million a year ago to between 240 million and 280 million. The company continues to grapple with decreased demand, price drops and a general decline in business.
