Isofotón unveils employee reorganization plan
Isofotón has unveiled its employee reorganization plan, which is expected to affect staff at its Malaga manufacturing plant in Spain. The international business is still said to be “solid, solvent and profitable.”
Yingli: Net losses hit $0.5 billion; expects to ship over 3 GW in 2013
2012 saw Yingli Green Energy Holding Company Limited record net losses totaling over US$0.5 billion a slight decrease on 2011. Despite this, the company saw photovoltaic module shipments significantly increase. For 2013, it predicts shipments of between 3.2 to 3.3 GW.
Solar Frontier banks on higher Japanese sales
Solar Frontier expects to see a significant increase in its 2013 domestic sales on the back of the anticipated solar boom in Japan. Despite high utilization, however, the photovoltaic thin film module manufacturer is not planning to increase its 900 MW production capacity in the short term.
EC officially launches solar glass anti-dumping investigation
The European Commission (EC) has officially launched an anti-dumping investigation into imports of solar glass from China into the EU. Provisional duties could be imposed within nine months, while the investigation could take up to 15 months to complete.
Fulai Investments acquires 5 million LDK shares
Following the signing of a share purchase agreement at the start of the year, Fulai Investments Limited has acquired 5 million LDK Solar shares for an aggregate purchase price of US$9.15 million. The remaining shares are scheduled to be handed over by March 28.
SEMI proposes a way out of solar trade wars
Global electronics manufacturing industry group SEMI has offered to step between the nations waging the current proliferation of solar trade disputes in an effort to find a way forward.
Germany hits 32.6 GW cumulative PV capacity
Germany installed 274 MW worth of photovoltaics in January, according to the latest figures from the Federal Network Agency. Overall, the country has a cumulative photovoltaic capacity of 32.6 GW.
EPIA: Self-consumption can drive PV storage
The European PV Industry Association (EPIA) has endorsed the recent European Commission (EC) working paper on PV storage and says more must be done to encourage storage systems at a consumer, as well as distribution, level.
REC selects centrotherm systems for Singapore plant
Norwegian company Renewable Energy Corporation (REC) has opted for centrotherm photovoltaics’ diffusion systems for its 740 MW solar production line in Singapore. The equipment order is said to be in a higher single-digit million Euro range.
Call to halt UK FIT degression
The Solar Trade Association has called upon the U.K. Department of Energy and Climate Change (DECC) to put a halt to the automatic degression in FIT rates due in two months’ time.
