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Aleo lowers 2012 revenue guidance

In light of continued solar remuneration reductions and falling photovoltaic module prices, Germany’s aleo solar AG has lowered its 2012 revenue guidance.

Bifacial cell manufacturer targeting production capacity ramp ups

Israel-based BSolar has told pv magazine it is planning to ramp up production of its recently launched bifacial photovoltaic crystalline silicon cells to between 200 and 300 megawatts (MW).

German Environment Ministry seeks solar subsidy compromise

Additional funding for photovoltaics research and development should move the German states to a “yes” regarding the country’s EEG, or renewable energy law. Saxony-Anhalt’s Minister President believes an agreement on Germany’s solar subsidies will be reached by the summer.

Polysilicon prices drop 11 percent

According to IHS iSuppli, average selling prices (ASPs) for polysilicon dropped by 11 percent in April, to a new 2012 low of US$27.20. This follows a new purchasing trend, from contract deals to “bargain-basement” spot market buying, and signals the continuation of oversupply.

Caribbean: GCL places order for 76 MW PV plant

GCL Solar Energy has placed an order with Satcon Technology Corporation for products to be used in a 76 megawatt (MW) photovoltaic plant in the Caribbean.

Sovello submits insolvency application

Following speculation at the weekend that Sovello GmbH would file for insolvency, the company has now submitted an application to open self-administration insolvency proceedings at the Dessau district court in Germany, due to a lack of funds.

Solarexpo Verona: Mixed expectations

Exhibitor numbers were down and uncertainty over future subsidies reigned at the three-day Solar Expo in Verona, which winds up today. However, with the vast majority of major photovoltaic firms exhibiting there was still considerable optimism about the future of the Italy in the commercial and residential rooftop market segments.

Convert Italia and Solaria complete 2 MW LCPV plant

Convert Italia and Solaria Corporation have completed work on a two megawatt (MW) low concentrating photovoltaic (LCPV) power plant in Puglia, Italy. It is thought to be the world’s largest.

Will India join the 'Gigawatt Club' this year?

After over two years of policy deliberations and growing pains, India is finally seeing solar installations in meaningful numbers: cumulative photovoltaic capacity stands at 964 megawatts (MW), 745 MW of which have been commissioned in 2012. But it is not all sunshine, with financing proving to be one of the country’s biggest challenges. Quality issues are also surfacing.

Further details emerge for Alex Solar’s gigawatt China plans

As announced yesterday, Shanghai Alex Solar Energy Science and Technology Co. Ltd has been awarded a contract to develop one gigawatt (GW) of photovoltaic projects and install a new module manufacturing facility in China’s Jinchang City. A spokesperson elaborates.

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