PV equipment upgrades and differentiation key to manufacturersÂ’ survival
A new report has identified a number of opportunities for photovoltaic equipment manufacturers to turn a profit. The key is product differentiation, according to the author, who states that photovoltaic manufacturers with idle capacities cannot afford to not upgrade their production equipment. Meanwhile, GermanyÂ’s grip on the market is said to be slipping.
China: LDK sells 3 PV plants to Henan Xindaxin
LDK Solar has sold three of its photovoltaic rooftop plants in China to Henan Xindaxin Materials Co. for RMB 140 million (US$22.3 million; €17.3 million).
BIPV worth $7.5 billion in 2015
A report into the global building-integrated photovoltaic (BIPV) market forecasts it will more than treble to be worth over $7.5 billion in the next three years.
Centrotherm unveils insolvency plan
Centrotherm photovoltaics AG has announced its intention to fine-tune its insolvency plan with its creditors. The plans call for a capital reduction, and subsequent capital increase.
UK reaches 1.3 GW of PV capacity
The latest figures from the U.K. government’s Department for Energy and Climate Change (DECC) show a total installed capacity of 1.3 GW of photovoltaics nationally at the end of September 2012.
APVIA: Singapore becoming base for solar business
While with only 5.5 MW in installed capacity, Singapore is a minor end-market for photovoltaics, however as a business and banking hub, it is increasingly becoming a base for solar companies.
Ukraine: Martifer Solar signs off on 4.5 MW Porogi project
Portuguese company Martifer Solar has signed an EPC contract to build a 4.5 MW solar plant in the Ukraine, which it plans to have online by the end of 2012.
Wacker Chemie delays US polysilicon plans; affected by solar consolidation
Wacker Chemie AG has announced production at its new Tennessee polysilicon facility will be delayed by 18 months. Overall, the company has reported “significantly” decreased sales in its polysilicon business on the back of consolidation, overcapacity and sustained price pressure in the solar industry.
Sovello lays off more workers amid dwindling hopes of a rescue
Despite the ongoing search for an investor, Sovello GmbH can no longer continue to operate. As such, the team has been reduced from 170 to just 50 employees.
Satcon granted court approval for warranties
Satcon Technology Corporation has been granted approval by the Bankruptcy Court for the District of Delaware to continue to provide post sale service and support to its customers.
