Germany releases updated PV installation figures
Germanys Bundesnetzagentur reports that 1.6 gigawatts (GW) of newly installed photovoltaic capacity was added to the countrys grid in the third quarter (Q3) of 2011. Overall, 3.35 GW has been installed this year to date. Predictions are six GW could be reached by year-end.
Yingli revises Q3 guidance down
The photovoltaic giants are not immune to the current market conditions, as has been frequently witnessed throughout 2011. Yingli Green Energy Holding Company Limited is the most recent company to jump on the guidance revision bandwagon, as it prepares to announce its third quarter (Q3) 2011 financial results.
Chinese company threatens to drop US PV plans over anti-dumping petition
According to reports, Chinese power plant developer, CECEP Solar Energy Technology Co. Ltd has halted development of a planned $500 million U.S. photovoltaic project, due to the anti-dumping petition submitted by SolarWorld.
360 MW solar project planned for South Africa
The Italy-based Moncada Group has formed a joint venture with South African investment and development company, Solar Capital to build a large-scale solar project.
Sharp develops 36.9 percent efficient solar cell
Sharp Corporation has achieved what it says is the highest silicon solar cell conversion efficiency globally. At 36.9 percent, the company says the results have been confirmed by the National Institute of Advanced Industrial Science and Technology.
China: Non-residential PV pipeline hits 16 GW
According to new research released, Chinas non-residential photovoltaic pipeline is standing at 16 gigawatts (GW). In 2011, the countrys newly installed capacity is expected to reach over 1.8 GW. The building mount sector is also projected to grow.
House committee subpoenas White House for internal Solyndra documents
As President Barack Obama arrived at the G20 summit in France on November 3, the acrimonious Solyndra face-off reached a flashpoint in the U.S. Congress.
US: 5 MW PV project announced for 18 school sites
PsomasFMG has teamed up with the Palmdale School District (PSD) in California to install 5.87 megawatts (MW) worth of photovoltaics at 18 schools. The systems will take the form of carports.
First Solar suspends Vietnam plant construction
Amongst a range of announcements, thin-film manufacturer First Solar has announced that it will “postpone commissioning” of its 250-megawatt (MW) Vietnam factory. The announcement was made only hours after the inauguration of its second factory (FF02) at its Frankfurt (Oder) site in Germany.
SunPower announces restructuring program, lowers Q4 guidance, sees CFO go
Another victim of this years turbulent solar market, solar cell manufacturer, SunPower has said it will be implementing a restructuring program in the fourth quarter (Q4)of this year. Having missed its 3Q 2011 revenue and margin expectations, it has significantly revised its Q4 guidance downwards.
