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Global PV markets

PV market pickup forecast for 2H 2013

New photovoltaic installations worth over 31 GW are predicted for 2012, despite continuing overcapacity and price declines. Forecasts are that the global industry will return to growth in Q2 2013, and will regain lost ground in Q4.

Construction to begin on 1 GW Serbian PV project

A one GW, €1.75 billion photovoltaic project has received the green light in Serbia, after the government and project developer, Securum Equity Partners & Associates signed a binding framework agreement on October 25. Construction is scheduled to begin next April.

Italy’s TerniEnergia unveils South African plans

In addition to setting up a South Africa subsidiary, Italy-based TerniEnergia will install a 9.5 MWp photovoltaic plant at Upington airport.

China lifts nuclear moratorium

Having placed a moratorium on the development of nuclear reactors in the country following the Fukushima disaster in Japan, China has announced it will again start building nuclear plants. Photovoltaic opportunities have also been identified.

PV equipment upgrades and differentiation key to manufacturers’ survival

A new report has identified a number of opportunities for photovoltaic equipment manufacturers to turn a profit. The key is product differentiation, according to the author, who states that photovoltaic manufacturers with idle capacities cannot afford to not upgrade their production equipment. Meanwhile, Germany’s grip on the market is said to be slipping.

APVIA: Singapore becoming base for solar business

While with only 5.5 MW in installed capacity, Singapore is a minor end-market for photovoltaics, however as a business and banking hub, it is increasingly becoming a base for solar companies.

Hanwha Q.Cells GmbH officially launched

The acquisition of one of the world’s pioneering photovoltaic companies, Q.Cells, was completed today, with the launch of Hanwha Q.Cells GmbH. The new company’s leadership was unveiled at its headquarters, R&D center and German manufacturing operations, in Germany’s Sachsen-Anhalt this morning.

Belectric plans organic PV production in Germany

Following Belectric’s takeover of Konarka Technologies GmbH, the company plans to set up organic photovoltaic (OPV) production facilities in Germany in the coming months.

PV book-to-bill ratio in the red

Signs are emerging that photovoltaics is finally taking the right course to overcapacity recovery. For the first time since the mid-2000s, says NPD Solarbuzz, the industry’s book-to-bill ratio is negative, thus indicating the cancellation of capacity expansion plans.

APVIA 2012: Singapore leads path to grid parity

As the PV Asia Pacific expo and conference continues today in Singapore, attendees have heard how high electricity prices and the falling cost of photovoltaics have resulted in the city-state arriving at retail grid parity for solar.

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