Markets

Germany-based S.A.G. Solarstrom has announced significant sales and earnings growth for the first nine months of this year. EBIT is reported to have tripled in comparison with the same time period the previous year.

Conergy has reported that its nine-month figures for 2010 shows a sales increase by nearly 90 percent and a gross profit margin by seven percentage points.

The 11th Forum Solarpraixs, currently being held in Berlin, Germany at the Hilton Hotel, has got off to a positive start, with over 700 delegates registering. “Competitiveness”, “cost reduction” and “growth” were the watchwords of the morning.

Speaking at the opening of the 11th Forum Solarpraxis, Zhang Jiaqiang from the Embassy of the People’s Republic of China told delegates that a “major” opportunity exists for German and Chinese companies to collaborate with one another in the photovoltaics (PV) industry.

China was heavily in focus at the International Energy Week, which took place last week in Singapore.

Research company iSuppli Corp. has boosted its 2010 global photovoltaics (PV) installations forecast following “stronger than expected” growth in Germany.

Over one hundred distressed Czech solar investors and businessmen gathered in front of the Czech Parliament in Prague today in order to protest against the imposition of new solar tax to be charged on income generated by solar plants.

The Clean Energy Expo opened its doors on Tuesday in Singapore. Two major sessions – solar power commercialization and solar power technology – were the highlights of the day, with a range of prominent speakers who were well versed in the subject, attending.

For years, First Solar has been a role model as a manufacturer who excels at shaving production costs while boosting its module efficiencies quarter after quarter. It’s a favorite solar stock and a bellwether for the industry.

Proposition 23, which was seeking to freeze California’s goal of reducing carbon emissions by 25 percent to 1990 levels by 2020, and to 80 percent below 1990 levels by 2050 until the U.S. state’s unemployment rate drops to 5.5 percent or less for four consecutive quarters, has been defeated.