European Commission supports Desertec-Medgrid MOU
The signature of a Memorandum of Understanding (MOU) between the Desertec Industry Initiative (Dii) and Medgrid, under which the development of renewable energies will be promoted in the EU and countries in the Southern Mediterranean, has been welcomed.
Google drops solar program
As part of an “off-season spring cleaning series” aimed at dropping products that havent made the impact expected, Google has announced the end of its ‘Renewable Energy Cheaper than Coal’ (RE
Serbia plans 1 GW, 2 billion solar park
The Republic of Serbia and Securum Equity Partners have signed a framework agreement, under which they intend to realize a one gigawatt (GW) solar park in Serbia.
Canadian Solar: Higher shipments and revenues, but falling gross margin
Unlike many of its peers, Canadian Solar seems to have pulled through the third quarter (Q3) of 2011 rather well, having recorded both sequential and annual photovoltaic module shipment and revenue increases. The companys gross margin, however, took a big hit.
Yingli ups shipping record, but posts falling gross margin
Yingli Solar may have seen another quarter reach “historical” photovoltaic module shipping highs, but its financial figures have been impacted by the weak solar market conditions. The companys gross margin and operating results were hit particularly hard.
ReneSola posts Q3 loss
While its second quarter (Q2) 2011 gross figures were impressive, recording a USD$45.9 million profit, ReneSola has posted a loss of $7.7 million, for the third quarter (Q3) 2011.
JinkoSolar endures rough Q3
As one of the few solar companies to post positive second quarter (Q2) 2011 financial figures, Q3 must have come as quite a shock for JinkoSolar, which experienced significant declines.
LDK Solar posts second consecutive quarterly loss
Vertically integrated photovoltaic manufacturer LDK Solar has announced its third quarter (Q3) results for 2011, revealing a USD$17 million loss.
China's Trina also sees big Q3 losses
It seems there is no escape from the third quarter (Q3) woes this year. Trina is the next solar company to post weak financial figures on the back of the “challenging” market conditions. Questions also remain over new technology plans.
Solar lobby rallies against sudden FIT changes
In the latest move in its campaign against the governments halving of its feed-in tariff (FIT), the UK Solar Future campaign rallied today at the Houses of Parliament.
