Although Satcon Technology Corporation expects a four-fold increase in its first quarter 2011 revenue over the same period last year, financial figures have fallen below initial expectations.
Roth & Rau AG has suffered the first ever earnings loss in its 20-year history, despite increasing sales during the 2010 financial year by 44.2 percent. Looking ahead, the company predicts modest sales increases. Meanwhile, it believes the turnkey business is in decline.
A new survey has shown the number of renewable electricity projects in the south west of England has rapidly increased: photovoltaic installations comprise the lions share. However, it says proposed policy changes are risking further growth.
After the launch of Indias Jawaharlal Nehru National Solar Mission (JNNSM), the worlds solar markets have been closely monitoring its progress. Particular interest is focused on the programs movement from the policy stage into execution. In its first quarterly report on the region, Mercom Capital Group discuses its progress.
According to local media reports, China is considering doubling its installed solar power capacity from five to ten gigawatts by 2015.
The U.S. Department of Energy (DOE) has said up to $112.5 million in funding will be made available to select projects across five years, to support the development of U.S. photovoltaic-related manufacturing processes.
Photovoltaic inverter demand is expected to be “very weak” in the first two quarters of this year, according to IMS Researchs latest market investigation. Germanys dominance in the sector is also diminishing.
At a gathering of European delegates on April 2, Peter Droege was appointed Eurosolars new president.
The first installment of pv magazines exclusive quarterly global photovoltaic updates, delivered by Mercom Capital Group, looks both at the impact of Japans nuclear disaster and analyzes why 2010 was solars best year.
A new research report has found that solar is the leading industry in the U.S. However, there are still hurdles such as red tape and financing to overcome if it wants to continue on its strong growth path.
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