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JinkoSolar reports successful Q2 despite difficult market

Flying in the face of the shaky market conditions seen in the first half of 2011, Chinese photovoltaic product manufacturer JinkoSolar has bucked the trend to post positive second quarter (Q2) results.

US permits 550 MW PV project

U.S. Secretary of the Interior, Ken Salazar has given the go-ahead to the largest photovoltaic facility ever to be built on public land in America.

The PV race to replace silver

Silver prices have been bad news for photovoltaics of late. Their continuing spike is causing ripples across the photovoltaic manufacturing industry as it forces companies to find cost-effective solutions to the super-conductive metal or face losses.

TFG Radiant Group to produce Ascent Solar’s CIGS modules in Asia

In a royalties, stock and strategic deal, TFG Radiant Group has announced that it will purchase 6,400,000 of Ascent Solar’s stock for US$7.36 million at the same time obtaining an exclusive license to produce and distribute Ascent’s flexible CIGS thin-film modules in East Asia.

Shrinking solar revenues forecast, despite new markets and growing installed capacity

New research forecasts shrinking, and then flat solar revenues through to 2016, despite the fact installations are expected to grow 15.5 percent as new markets open up. Countries with attractive IRRs are also identified.

Conergy increases sales but suffers €6.7 million loss

German renewable and photovoltaic company Conergy’s woes continued through the second quarter (Q2) of 2011, with its report showing an increase of sales by 40 percent, to €225.2 million, however losses of €6.7 million. By way of consolation, Q2 losses were almost half that of quarter one (Q1) which totaled €12.3 million.

SolarWorld credits US market for H1 performance

Despite suffering year-on-year financial losses in the first half (H1) of 2011, SolarWorld remains confident it will meet its full year guidance. The company, which recorded impressive sequential gains, cites the U.S. as a “significant” solar market.

Centrosolar optimistic despite negative H1

Adding a touch more light to solar’s primarily dim first half year, Centrosolar AG has announced it also expects to meet its full year targets, despite recording significant losses and battling difficult market conditions.

Indian expo highlights country’s growing solar popularity

The 5th Renewable Energy India 2011 Expo, held in New Delhi from August 10 to 12, 2011, has been a great success if visitor numbers are anything to go by.

Q-Cells realignment package approved; new COO announced

The Supervisory board of Q-Cells SE has officially approved the realignment package suggested by the company on Wednesday, August 10 in response to the difficult market conditions. It also agreed two executive board changes.

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