The northeastern state of Paraíba will soon become home to Brazils first photovoltaic module manufacturing facility. Expected to be built early next year, the first phase will see an annual capacity of 30 MW come online.
Bosch will close its silicon thin film works in Erfurt, Germany. In the future, the company will concentrate on the areas of crystalline and CIS thin film photovoltaics.
According to new figures, the Asia Pacific (APAC) region in particular is set to experience significant end of year photovoltaic demand. Meanwhile, conditions are expected to remain challenging in the more established markets.
Chinese polysilicon and wafer supplier, GCL-Poly has announced weak half-year results, with revenues falling by 22.4% and gross profit by 109.3%. In a statement announcing the results, chairman and CEO, Zhu Gong Shan has attributed the poor performance partly to the cyclical oversupply in the industry.
In its Q2 results released today, Chinese vertically integrated photovoltaic manufacturer, ReneSola has announced that it has exceeded revenue and shipment guidance. Despite this strong result, the company posted a US$34.6 million operating loss.
In a sign that major Japanese corporations are mobilizing to develop photovoltaic projects in the country under the revamped FIT regime, the Japan Mega Solar Power Co. has formed. The new company plans to invest 100 billion yen (US$1.3 billion) to develop utility-scale photovoltaic projects in the country.
In a bid to foster awareness of alternative energy resources the Punjab government in Pakistan has unveiled its plans to install up to 500,000 solar home solutions in the province.
Chinese photovoltaic player, JinkoSolar has seen many financial improvements in Q2 2012, unlike many of its peers. While losses were recorded, particularly compared to Q2 2011, positive progress from Q1 has been made.
This September, Solarpraxis is organizing a workshop on Quality Assurance. Chief executive, Karl-Heinz Remmers talks to pv magazine about why this topic is still so important for the photovoltaics industry. Even in times of huge cost pressure, there are actions that all those involved can take.
Shareholders in Brazils renewable energy major, Renova Energia, approved a decision on August 22, which will see the company until now a major wind developer expand its activities into solar energy.
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