Canadian Solar Q1 shipments to exceed guidance
In issuing select preliminary Q1 2013 financial results, Canadian Solar Inc. expects its photovoltaic module shipments and gross margin to exceed previous guidance.
Spain plans renewable energy cuts of up to 1 billion
According to reports, Spain is considering cuts to renewable energy totaling around 1 billion under the energy reform expected this June.
Solar stocks rally following tax advantage news
Solar stocks in New York rallied this month on the back of news that a bill introduced in the U.S. Congress would provide solar companies with a tax advantage enjoyed to date only by fossil fuel producers. The sector also received several votes of confidence that increased market momentum, including ABBs Power-One acquisition, and BNEFs elevation of Japan to the number-one market for PV installations.
EC confirms solar glass anti-subsidy investigation
The European Commission (EC) has officially launched an anti-subsidy investigation into imports of solar glass from China to the EU. While a final determination could take up to 13 months, provisional duties may be applied within nine.
Hanergy goes downstream
Chinese solar cell and module manufacturer Hanergy Solar has announced a concerted effort to break into downstream power generation with the launch of its Hanergy Global Solar Power and Applications Group.
Suntech troubles hit poly supplier OCI
South Korean polysilicon manufacturer OCI has been dragged into the Suntech maelstrom thanks to an overreliance on the ailing Chinese cell and module manufacturer.
Proposal to raise French 2020 PV targets
To spur the national PV market, France’s environment and energy agency recommends installing more than ten GW of new capacity over the next six years.
Germany's Economics Minister seeks to reduce PV FIT to 0.10/kWh
Germanys Federal Economics Minister and Free Democratic Party (FDP) leader has said he wants to reduce the countrys photovoltaic FIT to just 0.10/kWh. In his view, investment could thus be encouraged in storage systems.
Solar Bankers interested in Bosch's German PV facility
Solar Bankers could take over Boschs photovoltaic manufacturing facility in Germany. A progress report on the negotiations concerning Boschs solar shares is expected this May. By the end of the year, the Stuttgart-based company wants to completely exit the crystalline photovoltaic business.
LDK sells 25 million shares to Fulai in second agreement
In a second share purchase agreement, LDK Solar has announced it will sell 25 million newly issued ordinary shares to Fulai Investments Limited for US$25.7 million.
