Canadian Solar hits shipping guidance; records declining income
Canadian Solar may have weathered the 2011 solar storm better than many of its peers, but it still recorded significant fourth quarter (Q4) and full year (FY) losses.
Bulgaria: Premier Power starts work on 16.2 MW PV project
Premier Power Renewable Energy Inc. has announced work on its 16.2 megawatt peak (MWp) photovoltaic park in Bulgarias Dimitrovgrad has begun.
India and Iran to cooperate on renewable energy projects
Indian and Iranian energy ministers met in Tehran this week and have agreed to strengthen cooperation on renewable energy projects, with a special focus on solar power.
MiaSole secures $55 million in funding
CIGS thin film photovoltaic module developer, MiaSole has secured US$ 55 million in funding. The company says it will “aggressively” build the commercial part of its business.
Middle Eastern off-grid PV garnering unwanted attention
Photovoltaic installations, many funded by European companies, are being torn down in the West Bank’s Masafer Yatta. pv magazines Middle Eastern correspondent, Ruth Michaelson discusses the situation.
Green islamic fund initiative launched
Shari’ah compliant investment securities, sukuks, are to be made available for renewable energy projects such as photovoltaics. A Green Sukuk Working Group has been established to identify such investment opportunities.
Thin film industry association launched
A collection of six companies manufacturing thin film photovoltaics has formed an industry coalition called PVthin. The association aims to promote the benefits of thin film technologies and represent the industry segment in public policy debates.
Solar Millenniums Withag resigns
Jan Withag, Solar Millenniums chairman of the management board, has announced his resignation from the struggling solar company, effective March 8, 2012.
Q-Cells announces devastating 2011 preliminary financials
Having suffered at the hands of the weak solar market conditions, Germanys Q-Cells has reported very weak 2011 preliminary financials. The companys EBIT has been particularly hard hit, due to a number of impairments incurred.
Germany: FIT cuts pushed back; 2 large-scale PV projects announced
The new German feed-in tariff (FIT) rates will be applied later than originally planned. Meanwhile, EPIA has sent an open letter to Merkel, asking for the new plans to be revised. In related news, two large-scale photovoltaic projects have been announced.
