SEMI PV Group and the German Engineering Federation’s (VDMA) research into the global photovoltaic manufacturing industry has found that the industrys book-to-bill ratio stands at 1:13, indicating it is still in expansion mode.
In a changed energy policy environment, Japan’s major power producers move towards a renewable future with solar at its heart.
A recent KPMG report finds that the Indian economy faces increasing challenges in terms of energy policy, and that the seeds have been sown for a rapid and scalable solar sector “in the very near future”.
Market uncertainty and high levels of unsold inverters in countries such as Germany, Italy and France have been cited as contributing factors behind the global drop in inverter shipments, says IMS Research.
Having predicted a buoyant 2011 at the end of last year, Suntech has had to revise its full year revenue and consolidated gross margin guidance after experiencing both sequential financial and shipment declines. And, while year-on-year increases have been seen, the company expects the second quarter to be flat.
In the wake of the Fukushima nuclear reactor disaster, a number of Japanese politicians and business leaders are hatching ambitious plans to vastly increase the countrys solar power capacity.
A proposed state-wide safety inspection campaign of solar installations in the Australian state of New South Wales (NSW) will be restricted to 500 spot checks in the states capital Sydney.
Industry analysts have reported that levels of unsold photovoltaic modules have reached record highs.
The Portuguese photovoltaics industry could be at risk, following the final report by the International Monetary Fund (IMF), the European Central Bank (ECB) and the European Union (EU) on Portugals bailout, which recommended a reduction in state support regarding the production of electricity from renewable energy sources.
A new report has found that 2011 and 2012 will “remain challenging” for the photovoltaic industry. It also expects the market to flatten out during the period. Shifting demand and falling financial incentives are key issues.
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