Solar shares in freefall
After the recent announcement of the radical changes to the feed-in tariffs (FITs) in Germany, solar stocks are showing a stark downward trend.
Trina plans expansion despite hard hit 2011 financials
Trina Solar Limited experienced a rough 2011, with gross profits and operating income particularly hard hit. Despite this, module shipments were on the up and sales outside of Europe exceeded 50 percent for the first time. Looking to 2012, the company says it will implement capacity ramp ups.
Sunways recommends accepting LDK takeover offer
Both the management board and the supervisory board of Germany-based Sunways AG have deemed the offered price of 1.90 per share by LDK Solar as “adequate”.
UK hits one GW of PV capacity
Amongst the doom and gloom surrounding the accelerated and sudden cuts to the German photovoltaic feed-in tariffs (FIT), a glimmer of hope has emerged from an unexpected place. On Wednesday, the U.K. achieved one gigawatt (GW) of installed capacity, illustrating just how much faster than expected the British public and businesses have embraced solar.
Germany: 36 percent of electricity from renewables by 2020
Frost & Sullivan’s energy group has forecast that overall electricity generation in Germany will decrease from 625 terrawatt-hours (TWh) in 2010 to 590 TWh in 2020. This change is attributed to energy efficiency measures and increased imports that will replace the supply lost from nuclear power sources.
Storage: Investment in CRES systems to hit $4.2 billion through 2022
Pike Research has announced that investments in community and residential energy storage (CRES) systems will increase to more than US$4 billion in the next decade.
Canadian Solar ups Q4 2011 shipping guidance
In a move not seen from solar companies for a while, Canadian Solar has upped its fourth quarter (Q4) 2011 shipping guidance. The photovoltaic module manufacturer did not provide preliminary financial figures, however.
Yingli expects 30 percent Q4 module decrease
Having preannounced its fourth quarter (Q4) 2011 financial results, Yingli Green Energy Holding Company Limited has said it expects photovoltaic module shipments to sequentially decline by 30 percent. Meanwhile, its gross margin has taken a tumble.
Germany plans PV cuts of over 30 percent
According to initial media reports, Germanys politicians want to implement sharp cuts, earlier than scheduled, to its photovoltaic subsidies. Furthermore, the guaranteed tariff should be limited at 90 percent. The ministers will, however, officially present their plans tomorrow.
Sunways FY 2011 in line with expectations
Germany-based Sunways AG has announced its preliminary fourth quarter (Q4) and full year (FY) 2011 financial results, which are said to be “in line with expectations”. These expectations include annual sales of 115.4 million and “record” photovoltaic module sales.
