Trina Solar revises Q1 results down
When solar manufacturers update their financials at the moment it is rarely to bring good news and Trina Solar was no exception as it updated its Q1 performance today.
[UPDATE] Conergy's Q1 loss narrows as shipments grow
The German photovoltaic company improved its net loss sequentially and increased shipments, despite sustained overcapacity and price declines.
SNEC: Intense competition evident in Chinese market
The 2013 SNEC trade show has opened today with talk of escalating photovoltaic trade wars ever present and the intense price competition in the Chinese module market evident. Attendance figures are not available, however first impressions is that traffic is slower than in previous years.
SNEC: "Shanghai Declaration" calls for cooperation and negotiation
As global photovoltaic industry leaders assembled for the SNEC 2013 tradeshow and conference in Shanghai today, a declaration has been issued calling for a negotiation and conciliation approach to various solar trade disputes currently gripping the industry.
US company marketing cheap panels to China
In an ironic twist to the usual direction of the global solar module market, U.S. photovoltaic panel manufacturer Solaria has broken into the Chinese market with the help of a low-cost product.
PPAs signed for 417 MW in South Africa
South Africa’s public utility Eskom has signed power purchase agreements (PPA) for nine photovoltaic projects worth 417.1 MW, under the countrys renewable energy expansion program. Meanwhile, the government has expressed concern about the grid’s capacity to absorb additional electricity from renewable energies systems.
US manufacturer expands module production
In further positive news for solar manufacturing, U.S. photovoltaic company Suniva has announced it will be expanding its module production capability.
Spire posts Q1 loss of $2.6 million, 57% drop in sales
Reflecting the manufacturing slowdown in the global PV market, U.S. solar group Spire Corporation has posted a 57% drop in its first quarter revenue to $3.2 million.
Hyundai Heavy exits polysilicon business
The Korean conglomerate Hyundai Heavy Industries has withdrawn its shares from the joint venture Korean Advanced Materials, which manufactures polysilicon, according to a local media report. The sustained downturn in the photovoltaic industry has been blamed for the decision.
US$660 million available for CSP development in MENA region
The Climate Investment Funds (CIF) has recently given four countries from the MENA region the green light to develop 1.1 GW of concentrated solar power (CSP) via an updated solar plan. US$660 million will be provided by CIFs Clean Technology Fund (CTF).
