Q2 results signal turning point for China Sunergy
Solar cell and module producer China Sunergy has posted a USD$16.9 million second quarter (Q2) loss, representing a net margin of negative 11.7 percent. The company did not meet the low end of its revised shipment guidance of 100 megawatt (MW) for the quarter.
Interview: Suntech founder outlines PV strategy going forward
Hitherto focused on Europe, which accounted for 66 percent of its revenue in 2010, Suntech Power is diversifying its strategy, betting big on the U.S., Asia Pacific, the Middle East and Africa. In an exclusive interview, Zhengrong Shi, founder and CEO talks to pv magazine about the companys latest plans.
Updated: 500 MW Blythe project abandons CSP in favor of PV
The first 500 megawatt (MW) phase of the one gigawatt Blythe solar project will be converted to use photovoltaics instead of concentrated solar power (CSP).
Indias Karnataka invites solar bids worth 80 MW
The Indian state of Karnataka is inviting bids for solar projects worth 80 megawatts (MW). A draft of the power purchase agreements (PPAs) offered under the policy has also been released. Criticism is aimed at both the lack of experience required for developers, and the benchmark tariffs set.
US to install 2.4 GW of PV this year
According to new research, the U.S. will see a total of 2.4 gigawatts (GW) of photovoltaic projects installed this year, marking an increase of 166 percent. Newly added capacity is expected to increase to 3.1 GW in 2012 and 5.5 GW in 2015.
DOE provides cloud surveillance at Copper Mountain
As part of a project to predict output levels from large solar parks, the vast Copper Mountain solar complex will be equipped with cloud imaging devices called Total Sky Imagers (TSIs). The U.S. Department of Energy (DOE) is funding the project as a part of its SunShot Initiative.
JA Solar lowers full year shipment guidance on back of Q2 results
In reporting its second quarter (Q2), JA Solar has mainly recorded year-on-year gains, but sequential losses. As such, the company has lowered its full year guidance.
Evergreen seeks Chapter 11 protection; more manufacturers to follow
Evergreen Solar has filed for voluntary bankruptcy and has announced plant closures. Analysts warn more companies, like SolarWorld and Schott Solar, are at risk.
Deutsche Bank praises German PV policy
Deutsche Bank has labeled Germanys feed-in tariffs (FIT) as ‘Best-in-Class’ while offering comment on balancing policy longevity and supporting investor security.
Canadian Solar on a Q2 roll
While many photovoltaic module manufacturers are paying the price for 2011s weak demand, Canadian Solar has been relatively unaffected by the dismal market conditions.
