First Solar to supply 50 MW Indian schemes
Arizona-based First Solar has signed a deal to supply more than 585,000 advanced thin film modules for two solar plants in Rajasthan, India.
Lux Research outlines path to PV module profitability
If solar manufacturers are to return to profitability, and drive market growth despite ever-diminishing government subsidies worldwide, they must dramatically reduce their inventory costs for modules, according to the findings of a study just released by Lux Research. But how low can they go? The analysts see the price sinking in at least one industry sector to $0.48/W (0.37/W) by 2017.
Photon Europe files for insolvency
Germanys Aachen District court officially opened preliminary insolvency proceedings against Photon Europe. The prosecution had previously been involved in investigations into delayed filing of insolvency.
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.
