After a tumultuous first half, with huge price drops and uncertainty on just about everything, the solar market is beginning to see some positive signs in terms of demand pick up. Overall, a growth of 20 percent over 2010 is forecast for this year. However, the 2012 market looks flat.
Martifer Solar has announced it will build a 6.6 megawatt peak (MWp) photovoltaic installation in Murcia, Spain.
At 10 megawatts (MW), the thin film photovoltaic manufacturer has begun work on what it says is Australias largest solar farm.
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.
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.
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.
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 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.
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.
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.
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