US to install 2.4 GW of PV this year
According to new research, the U.S. will see a total of 2.4 gigawatts (GW) of photovoltaic projects installed this year, marking an increase of 166 percent. Newly added capacity is expected to increase to 3.1 GW in 2012 and 5.5 GW in 2015.
DOE provides cloud surveillance at Copper Mountain
As part of a project to predict output levels from large solar parks, the vast Copper Mountain solar complex will be equipped with cloud imaging devices called Total Sky Imagers (TSIs). The U.S. Department of Energy (DOE) is funding the project as a part of its SunShot Initiative.
JA Solar lowers full year shipment guidance on back of Q2 results
In reporting its second quarter (Q2), JA Solar has mainly recorded year-on-year gains, but sequential losses. As such, the company has lowered its full year guidance.
Evergreen seeks Chapter 11 protection; more manufacturers to follow
Evergreen Solar has filed for voluntary bankruptcy and has announced plant closures. Analysts warn more companies, like SolarWorld and Schott Solar, are at risk.
Deutsche Bank praises German PV policy
Deutsche Bank has labeled Germanys feed-in tariffs (FIT) as ‘Best-in-Class’ while offering comment on balancing policy longevity and supporting investor security.
Canadian Solar on a Q2 roll
While many photovoltaic module manufacturers are paying the price for 2011s weak demand, Canadian Solar has been relatively unaffected by the dismal market conditions.
Italy: GSE adjusts PV subsidy register again
The Italian network authority, GSE, has published an updated list of the photovoltaic systems that will receive subsidies this year. Currently more than 2,700 projects are on the waiting list.
US: Lease programs expand with new Sungevity and Citigroup fund
Citigroup Inc. announced today that it will create a US$50 million fund with photovoltaic lease provider Sungevity, for installations in eight states. The funds will facilitate residential solar installations in Arizona, California, Colorado, Delaware, Massachusetts, Maryland and New York.
Cautious optimism for Roth & Rau after shaky H1
Both the shaky market conditions and start up difficulties of the companys antireflective coating equipment (SiNA 2) were attributed to Roth & Raus weak start to the year. Looking ahead, the company is unable to provide full year financial guidance.
Jobs to go as Solon shuts Tucson facility down
Germany-based Solon SE has announced the closure of its Tucson module and photovoltaic system manufacturing facility, as part of a new U.S. operations strategy. Sixty jobs will be lost.
