SunPower issues positive 2013 guidance
SunPower has issued guidance for the FY and Q2 2013. Overall, it expects a slight increase in revenue and gross margin compared to 2012, and increased photovoltaic production. It additionally issued details of its global power plant pipeline, which is said to total over six GW.
2.6 MW solar plant for NY factory
Power company Constellation expects to complete a 2.6 MW solar installation at fiberglass manufacturer Owens Cornings Delmar, New York factory, by the end of the year.
Trina Solar revises Q1 results down
When solar manufacturers update their financials at the moment it is rarely to bring good news and Trina Solar was no exception as it updated its Q1 performance today.
[UPDATE] Conergy's Q1 loss narrows as shipments grow
The German photovoltaic company improved its net loss sequentially and increased shipments, despite sustained overcapacity and price declines.
US company marketing cheap panels to China
In an ironic twist to the usual direction of the global solar module market, U.S. photovoltaic panel manufacturer Solaria has broken into the Chinese market with the help of a low-cost product.
US manufacturer expands module production
In further positive news for solar manufacturing, U.S. photovoltaic company Suniva has announced it will be expanding its module production capability.
Spire posts Q1 loss of $2.6 million, 57% drop in sales
Reflecting the manufacturing slowdown in the global PV market, U.S. solar group Spire Corporation has posted a 57% drop in its first quarter revenue to $3.2 million.
Hyundai Heavy exits polysilicon business
The Korean conglomerate Hyundai Heavy Industries has withdrawn its shares from the joint venture Korean Advanced Materials, which manufactures polysilicon, according to a local media report. The sustained downturn in the photovoltaic industry has been blamed for the decision.
Smart meter market is hotting up in China
The smart meter market is burgeoning in China, according to market research company IHS iSuppli, but manufacturers are being hit by a price erosion similar to that which devastated solar panel makers last year.
Armstrong and Symbior Energy to cooperate on 30 MW of PV in Thailand
Armstrong Asset Management and Symbior Energy subsidiary Symbior Solar Siam have announced their intentions to develop 30 MW worth of photovoltaic projects in Thailand.
