Intersolar China: Ambitious targets and emerging markets
Despite being down-sized to a conference without an exhibition, the second edition of Intersolar China in Beijing turned out to be very well-timed. In addition to news of a doubling of the countrys 2015 photovoltaic target, many turned out to hear what the central government has planned for the domestic photovoltaic industry. Overseas markets were also a central topic of discussion.
Canadian Solar "shall pay" $40 million in compensation to LDK
Canadian Solar may have to pay back compensation to LDK Solar Co. Ltd for the “illegal termination” of two photovoltaic wafer supply agreements made in 2007 and 2008. A Canadian Solar spokesperson said the company is reviewing the decision.
Asia-Pacific solar revenues to reach $11.1 billion by 2016
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.
SolarCitys difficult path to public market
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.
SolarWorld not ruling out strategic partnerships
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.
China considers upping 2015 PV target to 40 GW
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.
PV 2012: Strong finish expected thanks to Germany
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 sells Bosch Solar CIS Tech stake
Aleo Solar has sold its equity stake in Bosch Solar CIS Tech GmbH to Robert Bosch GmbH. The purchase price was not disclosed.
China: 2.83 GW of solar to be installed under Golden Sun program
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.
SiC Processing AS announces insolvency
Norway-based SiC Processing AS has submitted a petition for insolvency at Norways Porsgrunn district court.
