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Meyer Burger continues strong year

Upstream photovoltaic equipment manufacturers Meyer Burger Technology Ltd. has continued its strong start to 2011, posting a strong second quarter (Q2) earnings before interest, taxes, depreciation, and amortization (EBITDA) margin.

India: SunBorne closes financing on 15 MW PV plant

SunBorne Energy has closed financing on the debt component of $30.6 million (INR 1.4 billion) for a 15 megawatt (MW) photovoltaic plant in the state of Gujarat, India.

Despite losses, Suntech increases Q2 shipments

Like many of the photovoltaic module manufacturers, Suntech’s balance sheets have been hit hard by falling prices and an unsettled market. Despite this, the company says it has upped its shipping ante.

Poland: First 1 MW PV plant online soon

Construction work on Poland’s first megawatt photovoltaic power plant is drawing to a close.

US: 2 MW project for low-income families

In what is believed to be the country’s largest publicly funded photovoltaic installation for affordable housing, the Housing Authority of the County of Santa Barbara (HACSB) has installed residential solar systems for 863 low-income housing units. The project cost USD$12.25 million.

CNPV and SolarTec form PV partnership

CNPV Solar Power SA and SolarTec Group have signed a memorandum of understanding and strategic partnership agreement.

Germany: First 2 phases on 46 MWp PV park complete

A 46 megawatt peak (MWp) photovoltaic park is currently under construction in Germany, at former military airport, Zerbst, in Saxony-Anhalt.

LDK revises down Q2 guidance

In more disappointing photovoltaic financials, Chinese manufacturer LDK Solar has revised down its second quarter (Q2) guidance for gross revenue by around $250 million, squeezing gross margins to only around two percent.

Astronergy and Solar Park invest in Thai solar farms

Astronergy and Solar Park Co. Ltd have announced their plans to invest in 5.5 megawatts peak (MWp) worth of solar farms in Thailand.

Yingli PV module shipments reach record high

Yingli Green Energy Holding Company Limited has enjoyed a successful second quarter (Q2) having recorded high shipping volumes and revenues. As such, the company has reiterated its shipping guidance and ramped up capacity.

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