Q.Cells completes 69 MW Ontario PV plant
Q.Cells North America has finally completed construction work on the 69 megawatt (MW) Sault Ste. Marie photovoltaic plant in Ontario, Canada.
SolarBridge obtains $25 million for expansion
U.S.-based photovoltaic microinverter company, SolarBridge Technologies has secured US$25 million in Series D funding.
Germany: Centrosolar to install PV on 100 supermarkets
Under a new joint venture, Centrosolar Group AG and Pohlen Bedachungen GmbH are planning to install eight megawatts peak (MWp) worth of photovoltaics on supermarkets across Germany.
Inventux lets 67 employees go
Inventuxs insolvency administrator has, after fruitless negotiations with Germanys labor agency, let 67 employees go, mainly from the already significantly-reduced production side.
AEG Power Solutions to expand South Africa operations
Netherlands-based AEG Power Solutions Group will expand its South African operations with a new photovoltaic inverter manufacturing facility.
North America: PV module supply shortage; higher costs; lower ROIs
The preliminary antidumping tariffs announced by the U.S. Department of Commerce (DOC) could see up to 45 percent, or 1.5 gigawatts (GW) of photovoltaic module shipments to North America suspended. Meanwhile, module costs are expected to rise, and returns on investment (ROI), decrease.
Yingli sees Q1 improvement despite dumping tariffs
Yingli Green Energy Holding Company Limited has recorded a relatively positive first quarter (Q1), despite the imposition of preliminary dumping tariffs by the U.S. While its financials significantly improved sequentially, it still suffered major losses compared to Q1 2011.
Hanwha SolarOne sees mixed Q1 results
Having curtailed its photovoltaic module shipments to avoid potential retroactive tariffs from the U.S., Hanwha SolarOne has seen a decrease in activity in the first quarter (Q1) of 2012. Overall, its financials achieved mixed results. Despite this, it is confident about the future.
Bankruptcy or acquisition facing half of PV manufacturers
“At least” half of the worlds existing photovoltaic manufacturers will either go bankrupt or be taken over, according to Ernst & Young and Bloomberg New Energy Finance (BNEF). Meanwhile, they have identified three key solar trends: financing innovations; residential grid parity; and the trading of large project portfolios.
Motech to sell US polysilicon facilities
Motech Industries Inc. has announced it will sell off its U.S. polysilicon manufacturing operations, due to the “drastically” changing solar industry and weak economies of scale.
