Revenue increase breaks downturn for many Taiwan solar makers, but does it signal a turnaround?
Octobers earning reports were a pleasant surprise for Taiwans solar industry, which rebounded 7.5% month on month (MM) on the back of robust gains by wafer makers and certain cell makers.
JinkoSolar's Q3 figures a success story, of sorts
The release of JinkoSolars Q3 figures is the story of the Chinese giant shipping ever higher volumes whilst significantly reducing the horrific losses posted in the previous quarter, backing up CEO Kangping Chens assertion that a focus on cost reduction and new markets is paying dividends.
PV premiums fall by 60% in Spain
The overall volume of monthly premiums for photovoltaic energy generation paid out to eligible solar generators in Spain fell by around 60% between this August and September, according to Spanish Photovoltaic Union UNEF.
Taiwan: NSP and DelSolar plan to form country's largest solar company
Taiwans Neo Solar Power (NSP) and DelSolar Co. have announced their intention to consolidate their photovoltaic cell and module businesses, thus creating the countrys largest solar company. While the strategic cooperation will begin with a tender offer, plans for a merger are on the table.
Narrow geographical focus stalling Indian solar industry
In its new Indian Solar Handbook, Bridge to India has taken a look into the inconsistencies which dog the industry in the sub-continent. While there are promising project prospects in the country, a narrow geographical focus is highlighted as one of its photovoltaic weak points.
Obama set to meet Chinese premier on Asian trip
With U.S. President Barack Obama expected to meet with Chinese premier Wen Jiabao during tomorrow’s East Asian Summit (EAS) the White House hinted obliquely that the ongoing solar trade dispute may form part of the fringe talks.
December poly price recovery a false dawn
The global spot price for polysilicon continued to plummet in October and is expected to continue its descent this month, according to the IHS Solar Polysilicon Price Index.
Suntech reduces PV production; announces job cuts
China-based Suntech Power Holdings Co., Ltd has announced it will reduce photovoltaic module production by over 30% at its facility located in Arizona. It will also cut around 50 jobs.
Australia: Federal government cuts solar support
In a surprise move, the Australian federal government announced today that it would bring forward, by six months, the conclusion of a “multiplier” Renewable Energy Credit scheme for photovoltaics. While difficult to generalize over the vast continent, the move is anticipated to increase the cost of the average residential solar array by AUD$700 – $800 (US$723 – $826).
Mexico is in pole position in the race for PV grid parity
The first edition of a newly launched global monitor detailing the race for photovoltaic grid parity has ranked Germany at the foot of the seven countries studied. Meanwhile, Mexico has taken pole position.
