Record Q4 PV inverter shipments predicted; China to overtake Germany
Global photovoltaic inverter shipments are expected to reach 8.6 GW in Q4 2012, thus representing the “largest final quarter ever recorded”. Despite this, falling inverter prices are predicted to dampen revenues. Meanwhile, in 2013, China is set to become the largest market.
Suntech CFO resigns
Suntech Power Holdings Co. Ltd interim CFO has resigned from her post. Anlin Ting-Mason will stay on as CFO of Suntech America, however.
Chile launches online tool to study solar availability
A new online tool that permits solar energy developers to precisely explore the availability of solar resources for the entire territory of continental Chile has been launched by Chiles Ministry of Energy, and the Faculty of Physical Sciences and Mathematics at the University of Chile.
SolarWorld vows to fight PV trade case loophole
If the U.S. International Trade Commission (ITC) declines to impose tariffs on photovoltaic modules made in China using cells manufactured in third countries, SolarWorld has said it will “immediately” seek separate action.
New off-grid PV concepts unveiled
Although off-grid photovoltaic technology still represents a relatively small market segment in the solar industry, for many, the technology has become vitally important. At the second Off-grid Experts Workshop organized by Phaesun, numerous specialists met in order to discuss the newest concepts.
Russia plans solar auction
Russia is gearing up to introduce its first solar support program. While the details have still to be worked out, it is expected that an auction system will be employed in Q2 2013.
Indian solar manufacturers ask for anti-dumping duties of up to 200%
Media has reported that India is expected to launch an anti-dumping investigation into imports of photovoltaic modules into the country. According to the Indian Ministry of Commerce, the Indias solar manufactures have called for anti-dumping duties as high as 200%. Bridge to India reports on the situation.
UBS Investment Bank to help Suntech with debt troubles
Suntech Power Holdings Co., Ltd has taken UBS Investment Bank onboard to help with its debt. According to media reports, however, analysts are skeptical.
Spanish PV manufacturer Yohkon Energía files for voluntary bankruptcy
Spanish photovoltaic module manufacturer Yohkon Energía from the north-western Castile and León autonomous community has initiated voluntary bankruptcy proceedings in front of Commercial Court number 1 of Valladolid.
Solar leads Q3 clean energy investment
Overall, clean energy investments are said to be slipping and it is predicted that 2012 will see an annual drop in funds. On a positive note, however, solar energy is reaping the lions share of investment, compared to wind, hydro, biomass and waste, and energy-smart technologies.
