Conergy has completed its first North American photovoltaics installation. The 320 kilowatt system, developed in partnership with 21st Century, is located at Fujifilms branch office in Hawaii.
Phoenix Solar has suffered significant revenue losses in the first quarter of 2011, with year-on-year figures falling 60 percent from 80.4 million to 32.4 million. There is belief the company will now focus more on the photovoltaics rooftop sector.
The German Renewable Energy Federation (BEE) has presented a study involving possible costs in the event that Germany abandons the use of nuclear energy.
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.
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.
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.
Solar LP has submitted over 40 applications to the Ontario Power Authority for solar feed-in tariff (FIT) contracts worth 12 megawatts.
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.
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 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.
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