Centrotherm bucks the profits trend, posting 54 percent YOY sales growth
Continuing with today’s positive trend, centrotherm photovoltaics AG has announced a successful first half (1H) of 2011. The company attributes most of its success to its solar cell and module division.
50 MW PV pilot plant to be built in the Dominican Republic
Isofotón is to build a 50 megawatt (MW) pilot photovoltaic plant in the Dominican Republic. The company additionally tells pv magazine that it intends to be “hugely” active in the country in the future.
Sunways Q2 and H1 sales drop over 40 percent
Germany-based Sunways has had a rough start to 2011, with both its second quarter (Q2) and first half (H1) sales significantly declining. The company is remaining upbeat though, and expects to experience a better H2.
Plans for 20 MW China PV plant underway
LDK Solar and Datang International Power Generation are to install a 20 megawatt (MW) photovoltaic plant in China.
Solon records gloomy first half
Following on the trend, Berlin company Solon has posted negative financial figures for the first half of 2011. Once again, the weak market, particularly in Germany, was cited as the causal factor.
Work on almost 40 MW German PV park begins
Work on one of Germanys biggest photovoltaic parks is underway.
10 MW New Jersey solar project under construction
Lincoln Renewable Energy (LRE) has started construction on a 10 megawatt (MW) solar project in New Jersey, the U.S.
Q-Cells announces restructuring program; reduces cell production
In response to the current photovoltaic market conditions Q-Cells has said it will streamline its organizational structure and “permanently” reduce its German production capacity by 50 percent.
Kaco ramps up production capacity by 4 GW
Solar inverter manufacturer Kaco new energy has invested 30 million in expanding its production capacity by four gigawatts (GW).
Aleo Solar revises revenue forecast downwards
Aleo Solar AG has decreased its 2011 revenue forecast due to the current weak demand. International revenues have, however, more than doubled.
