House committee subpoenas White House for internal Solyndra documents
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.
US: 5 MW PV project announced for 18 school sites
PsomasFMG has teamed up with the Palmdale School District (PSD) in California to install 5.87 megawatts (MW) worth of photovoltaics at 18 schools. The systems will take the form of carports.
First Solar suspends Vietnam plant construction
Amongst a range of announcements, thin-film manufacturer First Solar has announced that it will “postpone commissioning” of its 250-megawatt (MW) Vietnam factory. The announcement was made only hours after the inauguration of its second factory (FF02) at its Frankfurt (Oder) site in Germany.
SunPower announces restructuring program, lowers Q4 guidance, sees CFO go
Another victim of this years turbulent solar market, solar cell manufacturer, SunPower has said it will be implementing a restructuring program in the fourth quarter (Q4)of this year. Having missed its 3Q 2011 revenue and margin expectations, it has significantly revised its Q4 guidance downwards.
Trina announces revised Q3 guidance
Trina Solar is also suffering from the shaky solar market conditions. As such, it has revised its full year photovoltaic module shipment downwards.
LG-Suntech acquisition rumors denied
Despite media reports to the contrary, both parties have denied that LG Electronics is looking to buy out Suntech.
Ahearn steers First Solar towards new markets
Taking the wheel once again at First Solar, chairman of the board and interim CEO, Michal J Ahearn set out a new direction for the company in a conference call to discuss the companys third quarter (Q3) results.
MEMC also revises 2011 guidance down
MEMC Electronic Materials Inc. has revised both its full year 2011 and fourth quarter (Q4) guidance downwards after suffering from significantly lower wafer prices and solar energy system sales. While SunEdisons photovoltaic pipeline increased impressively, revenue saw a sharp decline.
Inquiry into UK PV FIT cut proposals launched
The U.K. Parliaments Environmental Audit Committee and Energy and Climate Change Committee has launched an inquiry into the Department of Energy and Climate Changes (DECCs) proposed photovoltaic feed-in tariff (FIT) cuts.
President Obama comments on SolarWorld petition
U.S. President Barak Obama has dipped into the debate surrounding the SolarWorld-sponsored “trade case” it, along with an unnamed coalition of U.S. manufacturers, has filed against Chinese manufacturers.
