According to Germanys Tagesspiegel, it looks like Solon has been saved by Indian-Arabic company, Microsol. The news has still to be officially confirmed, however, it is expected that a formal statement will be made on Friday, March 2.
Photovoltaic thin film manufacturer, First Solar recorded financial declines across the board. And while full year (FY) 2011 revenues were slightly up, EBIT and operating expenses spiraled downwards. For 2012, the company has further reduced its guidance.
The 4.3 megawatt (MW) photovoltaic project was commissioned last week by Switzerland-based Innotech Solar, Jendra Power and Energie Wasser Bern. Located in the Andalusian municipalities of Atarfe and Moclin, the systems are spread across several greenhouses.
In posting its fourth quarter (Q4) and full year (FY) 2011 results detrimentally affected by the weak solar market conditions Yingli Green Energy has vowed to strengthen its presence in both the European and Chinese photovoltaic markets. The company will also add extra manufacturing capacity this year.
The Ukrainian photovoltaics industry is on the verge of big change, as more and more investors announce their plans to build power plants in the country.
Increased numbers of visitors and a host of new international exhibitors were evident on a slightly chilly trade-show floor today, at the fifth-international PV Expo Japan. While the final rates for the countrys feed-in tariff (FIT), for large installations, are still not known, the general expectation is that the Japanese market is set to blossom this summer.
U.S.-based Abound Solar has temporarily cut 180 permanent jobs as it cancels the manufacture of its first-generation photovoltaic modules. The decision took immediate effect.
A week after the countrys new feed-in tariff (FITs) scheme was unveiled, Germanys Cabinet has today approved the proposal, meaning it will now be sent to the Parliament for consideration.
Following on from the announcement at the start of February that French electricity giant, Electricité de France (EdF) was looking to acquire Photowatt, media have reported that an offer has now been accepted.
In what it claims is a world record, Japanese CIGS manufacturer Solar Frontier today announced that it has achieved an aperture are efficiency of 17.8 percent, on a 30cm by 30cm submodule. The record was achieved at the companys Atsugi Research Center.
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