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Markets

LDK now major Sunways shareholder

Chinese company, LDK Solar is now officially a major shareholder of Germany’s Sunways AG. The news was announced following the recording of the capital increase in the commercial register.

Dyesol celebrates award and sures up share price

Australian dye-sensitized photovoltaics developer Dyesol, which is developing Dye Solar Cell (DSC) applications, has taken steps to sure up its share price. At the same time, the “father” of DSC has been awarded the 2012 Albert Einstein World Award of Science.

Germany: PV FIT cap snuck in through the back door

An addition to Germany’s new photovoltaic feed-in tariff (FIT) plan could prevent the construction of solar farms in many places in Germany in the future.

Microsol will take Solon over

According to Germany’s Tagesspiegel, it looks like Solon has been saved by Indian-Arabic company, Microsol. The news has still to be officially confirmed, however, it is expected that a formal statement will be made on Friday, March 2.

First Solar delivers Q4 and FY 2011 financial declines

Photovoltaic thin film manufacturer, First Solar recorded financial declines across the board. And while full year (FY) 2011 revenues were slightly up, EBIT and operating expenses spiraled downwards. For 2012, the company has further reduced its guidance.

Yingli announces stronger commitment to Europe and China; capacity ramp up

In posting its fourth quarter (Q4) and full year (FY) 2011 results – detrimentally affected by the weak solar market conditions – Yingli Green Energy has vowed to strengthen its presence in both the European and Chinese photovoltaic markets. The company will also add extra manufacturing capacity this year.

Ukrainian PV industry ramping up

The Ukrainian photovoltaics industry is on the verge of big change, as more and more investors announce their plans to build power plants in the country.

PV Expo Japan: Solar Spring to bloom

Increased numbers of visitors and a host of new international exhibitors were evident on a slightly chilly trade-show floor today, at the fifth-international PV Expo Japan. While the final rates for the country’s feed-in tariff (FIT), for large installations, are still not known, the general expectation is that the Japanese market is set to blossom this summer.

Abound Solar drops 180 employees as it changes PV lines

U.S.-based Abound Solar has temporarily cut 180 permanent jobs as it cancels the manufacture of its first-generation photovoltaic modules. The decision took immediate effect.

Germany’s cabinet approves FIT plan

A week after the country’s new feed-in tariff (FITs) scheme was unveiled, Germany’s Cabinet has today approved the proposal, meaning it will now be sent to the Parliament for consideration.

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