Germany: PV suppliers suffer from market depression
The expectations of Germany’s photovoltaic machine manufacturers will not be fulfilled in the current financial year. The 2012 market environment is also forecast to remain difficult.
Meyer Burger discontinues R&R control and/or profit transfer plans
Following Roth & Raus announcement that its third quarter 2011 has significantly suffered due to the weak solar market conditions, Meyer Burger Technology AG has said it will not go ahead with its planned control and/or profit transfer agreement.
Solar market sees pickup, but a flat market is predicted for 2012
After a tumultuous first half, with huge price drops and uncertainty on just about everything, the solar market is beginning to see some positive signs in terms of demand pick up. Overall, a growth of 20 percent over 2010 is forecast for this year. However, the 2012 market looks flat.
Germany releases updated PV installation figures
Germanys Bundesnetzagentur reports that 1.6 gigawatts (GW) of newly installed photovoltaic capacity was added to the countrys grid in the third quarter (Q3) of 2011. Overall, 3.35 GW has been installed this year to date. Predictions are six GW could be reached by year-end.
Yingli revises Q3 guidance down
The photovoltaic giants are not immune to the current market conditions, as has been frequently witnessed throughout 2011. Yingli Green Energy Holding Company Limited is the most recent company to jump on the guidance revision bandwagon, as it prepares to announce its third quarter (Q3) 2011 financial results.
Chinese company threatens to drop US PV plans over anti-dumping petition
According to reports, Chinese power plant developer, CECEP Solar Energy Technology Co. Ltd has halted development of a planned $500 million U.S. photovoltaic project, due to the anti-dumping petition submitted by SolarWorld.
360 MW solar project planned for South Africa
The Italy-based Moncada Group has formed a joint venture with South African investment and development company, Solar Capital to build a large-scale solar project.
China: Non-residential PV pipeline hits 16 GW
According to new research released, Chinas non-residential photovoltaic pipeline is standing at 16 gigawatts (GW). In 2011, the countrys newly installed capacity is expected to reach over 1.8 GW. The building mount sector is also projected to grow.
House committee subpoenas White House for internal Solyndra documents
As President Barack Obama arrived at the G20 summit in France on November 3, the acrimonious Solyndra face-off reached a flashpoint in the U.S. Congress.
First Solar suspends Vietnam plant construction
Amongst a range of announcements, thin-film manufacturer First Solar has announced that it will “postpone commissioning” of its 250-megawatt (MW) Vietnam factory. The announcement was made only hours after the inauguration of its second factory (FF02) at its Frankfurt (Oder) site in Germany.
