TSMC: Making a market entry
Taiwanese semiconductor giant TSMC took the decision three years ago to enter the solar market. The company licensed CIGS technology, built a fab and started shipping modules last quarter. Despite extremely competitive module prices, the company is confident that it has the backing, technology and process experience to prosper when the solar market turns the corner.
Sovello: Big job cuts expected
According to reports, almost half of Sovellos workforce could be let go. Company management declined to comment, however.
Restructuring plan for Solarwatt expected by end of July
Solarwatt has said that by the end of July, it will submit a restructuring plan, with the expectation that the process will be completed by the end of September. Furthermore, its module warranty has been secured.
Solar stocks react well to government incentives in Japan
The power of governmental legislation in driving solar stocks was again brought to the fore this week, as prices rose sharply on the back of favorable information coming from Asia.
Study: PV would reduce electricity prices for Texan consumers
According to a new study, adding photovoltaics to the Texan electricity grid would “significantly” reduce energy prices.
New York state unveils new PV initiative
U.S. Governor, Andrew Cuomo has announced the introduction of a new photovoltaic initiative in New York, which aims to significantly increase the amount of customer-sited solar power in the state over the next two years.
JinkoSolar misses Q1 module shipment guidance
Amid the still challenging solar market conditions, Chinese photovoltaic module manufacturer, JinkoSolar saw some first quarter (Q1) 2012 financial improvement. However, it is still suffering massive losses, compared to Q1 2011. Meanwhile, the company missed its module shipment guidance.
$185 million earmarked for 40 MW Peruvian solar project
The U.S. Government’s development finance institution, the Overseas Private Investment Corporation (OPIC) has approved US$185 million worth of financing for two 20 MW solar plants in Peru.
Solar pioneer calls for more PV communication
In an exclusive interview, pioneering photovoltaic researcher, Martin Green has called for more efforts to be made in advocating photovoltaics in the wider community and within the power industry.
Toshiba plans 100 MW of solar for Japan
According to media reports, Toshiba Corp. is planning to install 100 MW worth of solar in Japans in Minami Soma.
