LDK Solar revises down Q411 guidance
Declining photovoltaic wafer and module prices have been blamed for LDK Solar revising down its revenue guidance for the fourth quarter of 2011, from US$440 to $520 million, to $440 to $450 million.
Germany: Q-Cells out of TecDax
Regulations require Q-Cells to exit the TecDAX today. This was announced by the German stock exchange.
Solar energy funding stalls in the US Senate
Proponents of the U.S. Department of Energy (DOE) loan program took a tumble on the Hill this week as Republicans ratcheted up election-year resistance to both solar grants and renewable energy subsidies.
Bharti Airtel to enhance solar installations in Africa
India-based telecommunications company, Bharti Airtel, has chosen to increase the use of solar, and other renewable energies, to replace its diesel-powered generators. The aim is to reduce its carbon footprint in Africa and cut operational costs.
Israel: Arava given go ahead for 40 MW PV project; Suntech unveils plans
Photovoltaic activity in Israel is heating up: Arava Power Company has unveiled its US$150 million project plans; and Suntech discusses upcoming policy changes, which may result in higher photovoltaic quotas, and provides updates on its Israeli activities, including project pipelines and the market pullout of one of its modules.
Solar thermal exempt from Indian import duty
Solar thermal plant equipment will be exempt from import duty in India. Indias finance minister made the announcement today. The belief is that project costs could be lowered as a result. Photovoltaics was not mentioned, however.
S.A.G. Solarstrom and Hanwha to install 20 MW on Italys rooftops
Germany-based S.A.G Solarstrom and the Hanwha Group have announced that they will work together to install 20 megawatts (MW) of photovoltaics on rooftops across Italy.
US DOC pushes antidumping duty deadline back to May
The U.S. Department of Commerce (DOC) has again pushed back the deadline by which it has to make a preliminary determination of the antidumping duty investigation.
Norways green battery vs. hydrogen storage
According to the industry experts present at the first “Energy Storage” conference, held this week in Düsseldorf, Germany, either technology could win the race to enable Germanys renewable energy future.
Hanwha experiences strong 2011 losses; 2012 to "remain challenging"
As with many of its peers, Hanwha SolarOne experienced a tough 2011, with significant losses recorded across the board. Chairman and CEO, Ki-Joon Hong attributes this to a period of “adjustment and consolidation”. Going ahead, he says that capacity expansions have been put on hold and that conditions will “remain challenging”.
