Sunways and LDK unveil development goals
By 2017, Sunways AG said it intends, along with its majority shareholder, LDK Solar, to become 1 of the top 3 photovoltaic inverter manufacturers globally. It added that it will return to profitability in 2014, and will enter the Canadian, U.S. and Chinese markets in the coming years.
Japan: JGC Corporation plans 26.5 MW PV project
JGC Corporation has announced it will undertake a 26.5 MW photovoltaic project in Oita City, Oita Prefecture. It is scheduled to be grid connected next May.
$20 million CIGS partnership established in US
Under a new US$20 million partnership, Ceres Technologies will supply CIGS manufacturing equipment to the U.S. Photovoltaic Consortium (PVMC), which is headquartered at the College of Nanoscale Science and Engineerings (CNSE) Albany NanoTech Complex.
Suntech releases preliminary Q2 results; denies Italy PV wrongdoing
Suntech Power Holdings Co. Ltds preliminary results for Q2 2012 include a gross margin significantly below its original guidance, and increased operating expenses. Although shipments and revenues were said to have increased, it has decreased its FY shipping guidance. Meanwhile, in response to allegations over GSEs business in Italy, the company has denied any wrongdoing.
First Solar halts Agua Caliente PV module deliveries
According to reports, First Solar has stopped delivery of its thin film photovoltaic modules to the 290 MW Agua Caliente project, currently under construction in Arizona, the U.S.
Germany wants to avoid Eu-Sino trade war
During a visit to Beijing, the German Chancellor sought to find a political solution to the anti-dumping (AD) and countervailing duty (CVD) dispute involving Chinas photovoltaic manufacturers.
Suntechs GSF charged with illegal construction of solar plants in Italy
According to media reports, criminal charges have been filed in Italy against the Global Solar Fund, S.C.A., Sicar (GSF). It is claimed the company “illegally” built solar farms in the country in order to take advantage of available subsidies. The trial is scheduled to begin on December 6.
China Sunergy expects adverse 2H
On the back of paltry Q2 2012 financial results, China Sunergy expects its business to be adversely affected in 2H. The usual suspects oversupply, weak market demand and low ASPs were identified as the main culprits. Downstream projects are still a focus for the company.
Gehrlicher grid connects 35 MWp German PV park
Gehrlicher Solar AG has connected its 35 MWp Perleberg photovoltaic park to the German grid. The project was said to have been completed in just 2.5 months.
UK: Lark Energy plans 30 MW PV park
Lark Energy has announced it is planning to develop a 30 MW photovoltaic park in Suffolk, the U.K.
