In the wake of the Fukushima nuclear reactor disaster, a number of Japanese politicians and business leaders are hatching ambitious plans to vastly increase the countrys solar power capacity.
How can photovoltaic production be maintained in Europe in light of stiff Asian competition? There is no patent remedy. This became clear at the 5th SEMI Brussels Forum, which ended yesterday.
A proposed state-wide safety inspection campaign of solar installations in the Australian state of New South Wales (NSW) will be restricted to 500 spot checks in the states capital Sydney.
Roth & Rau has acquired a China-based production facility. The aim is to expand the companys photovoltaic presence in Asia. The financial terms were not disclosed.
Industry analysts have reported that levels of unsold photovoltaic modules have reached record highs.
A state-wide inspection campaign of solar panel installations has been launched in the Australian state of New South Wales (NSW) while a political row continues over the state governments slashing of its feed-in tariff (FIT) scheme.
GT Solar has notably increased its fiscal year 2011 revenues over the last 12 months, leading the company to raise its 2012 fiscal guidance. As with the majority of industry players, however, it did suffer sequential declines.
The Renewable Energy Corporation ASA (REC) has said it will scale back its photovoltaic production activities due to weak market demand. Around 500 employees are expected to be affected.
Despite an industry slowdown in the shipment of photovoltaic modules, China Sunergy has met its first quarter shipment guidance. And, while sequential declines were experienced, the company posted year-on-year profits. Inventory levels were, however, high.
The ministerial draft bill on the Renewable Energy Act (EEG) amendment is currently awaiting departmental approval at the German Federal Ministry of Economics and Technology, as well as the German Federal Ministry of Finance. The photovoltaic industry will presumably have to cope with even greater restrictions at the turn of the year. This at least is expected by the German Green Party.
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