Yingli also affected by slowing PV module market
Another casualty of the slowing photovoltaic module market, Yingli Green Energy Holding Company Limited has revised its first quarter shipping guidance downwards. The company has also lowered its gross margin expectations.
UK: CCC's "blinkered" PV view criticized
The UK Committee on Climate Change’s (CCC’s) new renewable energy report has met with dissatisfaction by photovoltaic industry stakeholders. A key criticism is related to pricing discrepancies. However, there is big potential in the future, with the deployment of 2.2 gigawatts per year a feasible goal in the 2020s. Imported solar power is also an option.
Meyer Burger receives antitrust clearance
Taking it a step closer to its goal, Meyer Burger Technology Ltd has received antitrust clearance for its takeover of Roth & Rau AG and the associated merging of the two companies.
BrightRoof submits 12 MW worth of Ontario FIT applications
Solar LP has submitted over 40 applications to the Ontario Power Authority for solar feed-in tariff (FIT) contracts worth 12 megawatts.
First Solar and CPINE form US-China PV partnership
First Solar, Inc. and China Power International New Energy Holding Limited have signed a strategic cooperation framework agreement, under which they will work on photovoltaic projects in China and the U.S.
Centrosolar expands export business; predicts strong second quarter growth
Having increased its export business from last year, Centrosolar says 72 percent of its 71.1 million first quarter revenue was generated outside of Germany. But, as with many solar companies, the companys year on year revenues decreased. Looking forward, it expects strong second quarter growth.
Trina revises Q1 guidance
Trina Solar has revised its first quarter guidance ahead of its first quarter results. Photovoltaic module shipments have been adjusted downwards, while both its in-house and overall gross margins have been increased.
Centrotherm bucks the trend to post Q1 profit
With the majority of solar companies recording negative first quarter results, Germany-based Centrotherm Photovoltaics AG proved to be a rare ray of sunshine in the industry, having posted growth of 64.2 percent.
Q1 PV module shipments decline
According to research, photovoltaic module shipments have declined for the first time since the start of 2009. Prices are also “rapidly” decreasing. While this situation is expected to continue into the second quarter, predictions are 24 gigawatts (GW) will be shipped throughout 2011.
Gehrlicher reports record 2010 sales; sets ambitious 2011 goals
In posting its 2010 financial results, Gehrlicher Solar AG has announced it achieved record sales figures, having driven profits from 325 million in 2009 to 343 million in 2010. The company is now looking to increase this to over 600 million.
