GCL-Poly Energy Holdings Limited and Isofoton S.A. have signed a memorandum of understanding, under which they plan to develop one gigawatt (GW) worth of solar plants across the globe.
On the final day of the SNEC trade show in Shanghai, the unintended consequences of the 30-plus percent tariffs that are set to imposed on photovoltaic exports from China to the U.S. have begun to emerge. Taiwanese manufacturers look set to benefit most, while opportunities may also arise for equipment manufactures.
An accurate and cost-effective technology for analyzing solar irradiance could help utilities increase photovoltaic generation into the grid. A new technology launched by Clean Power Research aims to address this issue.
Three of the solar industrys biggest event organizers have joined forces to create the Global Solar Alliance. New and emerging markets will be a key focus of the new group, which also aims to raise solar awareness with the general public.
Solar Millennium AGs liquidator, Volker Böhm is confident that those who invested in the company will receive compensation. However, the amount repaid will depend on whether yet to be completed projects can be sold.
Lively business was done today, the first day of 6th-annual SNEC PV Power Expo in Shanghai, with a more professional trade show and a strong presence from equipment suppliers greeting attendees.
Speakers at the International Photovoltaic Equipment Associations (IPVEA) organised press conference, which took place during the first day of SNEC 2012, used the opportunity to pitch various approaches aimed at reducing production costs.
Photovoltaic product, battery and vehicle manufacturer, BYD, has ambitious plans. In addition to reaching five GW of module capacity by 2016 and switching to full automation in a few weeks, it intends to start producing solar energy storage solutions on a mass scale in 2013. It is also planning manufacturing locations outside of China.
Germany-based Conergy AG has seen a number of financial improvements in the first quarter (Q1) of 2012. It attributes the success to its restructuring program. Despite lower sales, due to declining prices, EBIT and net cash flow have shown positive progress.
Phoenix Solar AG has shown financial improvement in its first quarter (Q1) 2012 results on the back of a dismal 2011. It remains positive for the full year (FY).
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