ABB demonstrates solar credentials in Japan
Swiss engineering conglomerate ABB has joined the race for a slice of the lucrative Japanese solar market by demonstrating its solar muscle with a PV installation on one of its factories in the country.
Centrosolar sees Q1 revenue drop 46% as domestic market worsens
Centrosolar Group AG’s preliminary first quarter results reflected both a sharp decrease in the sale of PV modules and the general downturn in the German PV market.
ABB CEO resigns
Only days after signing a deal to expand ABBs activities in PV, CEO Joe Hogan has resigned from his post. Hogan cited “private reasons” for his departure.
Construction begins on 160 MW CSP plant in Morocco
Construction on Moroccos 160 MW concentrated solar power (CSP) plant project in Ouarzazate began on Friday with a symbolic groundbreaking ceremony by King Mohammed VI.
EU ProSun claims PV duties will create jobs
In reaction to the news that photovoltaic AD duties will likely be imposed on June 6 by the EU Commission, EU ProSun says they will have a “positive effect” on solar growth and jobs. Conversely, AFASE believes tariffs will cause “severe damage” to the market.
PV wafer production forecast to grow 19% in 2013
After falling 15% in 2012, photovoltaic wafer production is expected to grow 19% this year, passing 30 GW and reaching 2011 levels, due in large part to growing Japanese demand, according to the latest NPD Solarbuzz Polysilicon and Wafer Supply Chain Quarterly.
Australian module suppliers accused of making false claims
Australias Competition and Consumer Commission (ACCC) is prosecuting companies trading under the names Euro Solar and Australian Solar Panel. The firms are accused of claiming that their solar modules were Australian-made, when in fact they were imported from China.
SER Energia planning 960 MW of PV projects in Brazil
SER Energia is aiming to install 960 MW worth of photovoltaics in Brazil. Already, it has registered 930 MW with the countrys electricity regulatory agency, spread across 31 projects. An investment of around US$1.5 billion is expected.
Phoenix Solar posts Q1 net loss of 5.8 million as its shifts focus to Asia, US
German PV group Phoenix Solar saw its net loss grow from 1.2 million to 5.8 million in the first quarter of the year as revenue declined 19.4% to 30.6 million from January to March.
Centrosolar sells subsidiary to Belgian solar glass manufacturer
Centrosolar Group AG announced yesterday that it has sold its subsidiary Centrosolar Glas GmbH to Belgian solar glass manufacturer Ducatt NV for a symbolic price, as part of its restructuring program, according to a company statement.
