According to new research by Frost & Sullivan, the Asian-Pacific solar market will reap revenues worth US11.1 billion in 2016. Meanwhile, photovoltaics is said to be the leading technology in the region.
In what is becoming one of the closest watched solar IPOs for some time, solar lease provider SolarCity has increased the number of shares in its offering and reduced its share price.
According to CEO Frank Asbeck, SolarWorld AG can expect good overseas sales in Q4. He added that a strategic partnership is not out of the question.
According to local media, Chinas government is considering raising its 2015 photovoltaic installation target from 21 to 40 GW. Official confirmation is still to be received, however.
2012 has been a rough and tumble year for the solar industry in general, having been consumed by anti-dumping and protectionist measures as countries across the world tried to rescue their own manufacturers in the face of massive oversupply and ever-falling prices. However, the year could have been far worse.
Aleo Solar has sold its equity stake in Bosch Solar CIS Tech GmbH to Robert Bosch GmbH. The purchase price was not disclosed.
China’s Ministries of Finance, and Science and Technology, and its National Energy Administration have released figures for the second batch of projects under the Golden Sun Program. Overall, it is expected that 2.835 GW of solar will be installed.
Norway-based SiC Processing AS has submitted a petition for insolvency at Norways Porsgrunn district court.
Hanwha SolarOne has experienced a number of Q3 2012 losses, leading it to lower its photovoltaic module shipment guidance for a second time this year. Overall, the company remains positive, in light of its downstream strategies, Q.Cells cooperation and new growth markets, despite recognizing the still challenging solar conditions.
Americas solar installers are racking up some of their highest sales results ever, according to the Washington, DC-based trade group, the Solar Energy Industries Association (SEIA).
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