REC extends PV production shutdown
REC has extended its photovoltaic production shutdown in Norway until the end of the year.
Hanwha SolarOne posts Q2 loss
In another sign of a tough photovoltaic market, Chinese cell and module manufacturer Hanwha Solar Co. has posted a small loss for the second quarter (Q2) of 2011. Reduced gross profits and increased operating expenses were blamed for the RMB32.3 million (USD$5 million) loss.
China: Schiller wins contract to equip new thin film factory
Schiller Automation GmbH & Co. KG will supply automation equipment to an unnamed Chinese customer for a new 120 megawatt (MW) photovoltaic thin film factory.
Roth & Rau sells off CTF subsidiary
Roth & Rau has sold its Roth & Rau CTF Solar GmbH (CTF) subsidiary off to an unidentified Chinese manufacturer. The financial sum was not disclosed.
JinkoSolar establishes Swiss subsidiary
Chinese photovoltaic module manufacturer, JinkoSolar Holding Co. Ltd has established its third European subsidiary.
Falling prices hit inverter supplier revenues
Industry analysts IMS Research has released its quarterly PV Inverter Supply and Demand report, which shows that, while shipment volumes have increased markedly over the year, falling prices have resulted in decreased revenues for inverter suppliers.
Suntech to supply 28.7 MW worth of PV modules to US project
SunPeak Solar, LLC has chosen Suntech to supply 28.7 megawatts (MW) DC of photovoltaic modules to its 23 MW AC solar power plant in California.
Brazilian soccer stadium to use PV; aim to install solar on all 2014 world cup venues
Just two months after Brazil grid-connected its first commercial-scale photovoltaic plant, the country is now to play host to Latin Americas first soccer stadium kitted out with solar panels.
Italy: Banks loan 110 million for 5 PV projects
A consortium of banks have provided 110 million in financing for five photovoltaic projects worth 30.4 megawatts (MW) in Italy.
Conergy denies rumors of production line closures in Frankfurt Oder
Following rumors that Germany-based Conergy is looking to reduce its Frankfurt, Oder manufacturing operations and close down certain production lines, a works council called a meeting to inform the employees about the situation.
