US permits 550 MW PV project
U.S. Secretary of the Interior, Ken Salazar has given the go-ahead to the largest photovoltaic facility ever to be built on public land in America.
TFG Radiant Group to produce Ascent Solars CIGS modules in Asia
In a royalties, stock and strategic deal, TFG Radiant Group has announced that it will purchase 6,400,000 of Ascent Solars stock for US$7.36 million at the same time obtaining an exclusive license to produce and distribute Ascents flexible CIGS thin-film modules in East Asia.
Shrinking solar revenues forecast, despite new markets and growing installed capacity
New research forecasts shrinking, and then flat solar revenues through to 2016, despite the fact installations are expected to grow 15.5 percent as new markets open up. Countries with attractive IRRs are also identified.
Conergy increases sales but suffers 6.7 million loss
German renewable and photovoltaic company Conergys woes continued through the second quarter (Q2) of 2011, with its report showing an increase of sales by 40 percent, to 225.2 million, however losses of 6.7 million. By way of consolation, Q2 losses were almost half that of quarter one (Q1) which totaled 12.3 million.
Solar in for strong second half, if financial crisis can be controlled
The first half of 2011 has been less than stellar for photovoltaics, but there are indicators that demand will be much stronger in the second half. All bets are off, however, if the European debt crisis can’t be managed, or if the U.S. falls back into recession.
50 MW PV pilot plant to be built in the Dominican Republic
Isofotón is to build a 50 megawatt (MW) pilot photovoltaic plant in the Dominican Republic. The company additionally tells pv magazine that it intends to be “hugely” active in the country in the future.
SunPower to open Mexican plant
American module and system manufacturer SunPower has announced that it will open a new plant in Mexico. It will produce the SunPower E18, E19 and E20 modules and the SunPower T5 Solar Roof Tile system.
US: Falling prices, strong incentives and policies boost PV growth
Market analysts Solarbuzz have reported that despite the slow domestic economy, photovoltaics in the U.S. continues to expand with the market doubling in 2011.
California leading US solar industry
According to IHS iSuppli, the U.S. state of California is to continue its solar lead in the country in terms of installed capacity, with predictions that 7.5 gigawatts (GW) will be added there between 2010 and 2015.
First Solar Q2 sales and profits decline
First Solar has announced its quarter two (Q2) 2011 results, revealing sales of US$533 million, a decline of $34,5 million, or six percent, from quarter one (Q1) 2011. Sales were also down on six-month figures from 2010, by almost $56 million. Gross profits for the quarter also fell by $89,396 million from 2010. Profit decline from the first six-months of this year was $111,777.
