Bosch to enter PV inverter business
It has been reported that Bosch, looking to enter the photovoltaic inverter business, has created a new subsidiary.
Suntech refutes accusations of Chinese dumping prices
Recent comments made by SolarWorlds Frank Asbeck claiming that the Chinese solar companies are selling their wares at dumping prices, driving others out of the market has created some ripples, with Suntech refuting the comment. And amidst the continuing growth in China, some U.S. companies are seeing a slump, post-Solyndra meltdown.
Oversupply maintained into next year
The latest Solarbuzz Quarterly report issued today states that continued solar module overproduction will lead to sustained price pressure across global photovoltaic markets already reeling from factory gate prices that are now down 33 percent year over year (Y/Y).
SEMI reports weak PV equipment demand
In another sign of trying times for photovoltaics, manufacturing industry association SEMI has reported that the book-to-bill ratio for equipment manufacturers has fallen below parity. This indicates that supply is exceeding demand.
Walmart goes solar in California
Major U.S. discount retailer Walmart has announced plans to expand the number of its stores featuring photovoltaic installations by 60. This means 75 percent of Walmart stores in California will have solar arrays.
40 percent efficiency goal of NASA-sponsored research
An American research team has received funding to fabricate and test photovoltaic cells with an efficiency of 40 percent or more.
Hanwha SolarOne secures loan for expansion
Chinese-based cell and module manufacturer Hanwha SolarOne has secured a USD$100 million loan from the Standard Chartered Bank and Korea Development Bank.
Solyndra bankruptcy a potential headache for First Solar; loan selection process called into question
The Solyndra meltdown appears to be affecting more than just its employees. According to industry analysts, a number of First Solars photovoltaic projects awaiting loan guarantees could also be negatively affected. Meanwhile, a letter sent to U.S. Secretary Chu has questioned the DOE loan selection process.
US solar outpaces global market and remains "bullish"
Lower prices and a rapidly changing global landscape have pushed the solar market in the U.S. to post record second quarter growth and keep the market growing at a “bullish” rate. New Jersey has overtaken California as the leading non-residential market.
Exclusive: First Solars FFO2 approaching full ramp up
Thin-film module producer First Solar has opened the doors of its new Frankfurt (Oder) facility exclusively to pv magazine as full ramp up approaches. So far the company does not plan to adapt its cost-roadmap, although price competition is growing.
