Tokelau: Worlds first 100 percent PV territory
The South Pacific territory of Tokelau is set to become the first territory to have its electricity provided entirely by photovoltaics. The archipelago is a dependent territory of New Zealand.
First Solar reports higher net sales
First Solar released its second quarter financial results for 2012 with net sales of US$957 million. This is an increase of $460 million from the first quarter and $425 million from the second quarter of 2011. First Solar attributes the better sales primarily to an increase in number and size of projects under construction.
ReneSola signs 8 MW Australian supply deal
Chinese manufacturer ReneSola announced today that it has signed an eight MW supply agreement with one of Australias largest solar specialist companies, True Value Solar.
Sovello: Situation worse than expected
According to the liquidator, the financial position of Sovello is far worse than feared. The former CEO, Reiner Beutel has resigned from his post. Despite this, operations will continue for the time being.
Chinese government responds to EU trade case
The Chinese Ministry of Commerce (MOFCOM) has responded to EU anti-dumping trade case against Chinese photovoltaic manufacturers. MOFCOM has claimed that the aggressive pricing of Chinese modules is a result of cost reductions, economies of scale and low polysilicon prices.
Germany: 4373.5 MW installed in first half
The German Federal Network Agency has announced that in June alone this year, about 1.8 GW of new PV capacity was added to the grid. Reasons may have been the EEG discussions and the expiry dates for transition periods for larger systems.
China: Government to rescue domestic manufacturers
2012’s first and second quarters have seen a major setback in China’s manufacturing landscape, with exports falling. Now the Chinese government is stepping in by more than doubling its long-term installation target from 20 to 50 GW by 2020.
Stion: Thin films, big ambitions
During the Intersolar North America, held in San Francisco July 10 – 12, pv magazine took the chance to turn the spotlight on some key firms in the City and Bay Area. Part three of our series features CIGS innovator, Stion.
'No More Solyndras Act' advances, as sticks and stones are aimed at DOE loans
Led by Chairman Fred Upton (RMichigan), on August 1, the U.S. House Committee on Energy and Commerce effectively voted “aye” on Department of Energy (DOE) loan guarantees for nuclear and fossil fuel programs, but “nay” to further support for solar and wind energy.
Aleo solar lowers revenue guidance
German company aleo solar has reported that its revenue the first half of 2012 has fallen by 28.3 percent, compared to the first six months of 2011.
