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PV manufacturer PVA TePla AG has announced it has generated sales revenues of €31.0 million in the first quarter of 2012 (previous year: €23.1 million), its EBIT amounted to €2.9 million (previous year: €1.8 million).
In the first three months of 2012, SolarWorld AG has announced it increased its shipments of solar power modules and complete kits in the trade segment. On the German market in particular, the demand for solar modules and system solutions rose due to the unexpectedly early and significant cuts in subsidies. On a group-wide level, trade shipments increased by 48% to 146MW (Q1 2011: 99MW).
As has been the theme throughout 4Q’11 and 1Q’12 quarterly results, it would appear that not even the ‘major’ manufacturers and suppliers in the PV industry are exempt from revenue and shipment woes. Canadian Solar has reported a drop of over 21% in module shipments, logging 343MW in 1Q’12 compared to 436MW in 4Q’11. However, second-quarter shipment guidance is in the range of between 430MW and 450MW.
EuPD Research recently awarded REC with its Top Brand PV seal of approval for the sales markets in Germany, France and Italy. The award is based on independent surveys of installers and end customers conducted by EuPD. Through the surveys, it was concluded by the research company that REC had the best performance in Germany, where it scored the best ranking as a European, non-German brand.
Canadian Solar has become the first solar company to pass the stringent new PID certification program unveiled by US solar module testing laboratory, PV Evolution Labs (PVEL). The certification program was designed to inform module manufacturers and project developers on intricacies of module degradation from system voltages, a leading cause of module failure.
Suntech Power Holdings will use Solar Expo 2012 as its platform to unveil the STP 305-24/Vd module with SuperPoly technology. With 305Wp nominal power and up to 15.7% efficiency, the company states this high-performance module is ideally suited for large-scale commercial projects seeking low levelized cost of energy (LCOE).
Chile’s first solar PV laboratory has been inaugurated this week in Santiago, Chile, giving developers an additional reason to keep a close eye on the Chilean market. With an investment of US$300,000, Eosol New Energy opened the facility at the Adolfo Ibáñez University at a ceremony attended by the minster of energy Jorge Bunster, the president of the IAU Andrés Benítez, dean of the faculty of engineering and science Alejandro Jadresic, the president of Eosol Bruno Bernal, academics and members of the solar industry.
Navigant’s Solar Services Program advised that its Photovoltaic Manufacturer Shipments, Capacity & Competitive Analysis 2011/2012 is now available. The report gives an analysis of PV industry shipments, capacity and average prices and revenues as well as a five-year forecast of technology shipments.
According to a report from CBC News, Siliken Renewable Energies has let go of 40 people from its Windsor, Ontario solar panel manufacturing plant. The dismissal is equivalent to one shift at the plant and has Paco Caudet, production manager at Siliken, blaming the terminations on government regulations and a lack of market.
The US Department of Commerce (DoC) has announced that final determination of the countervailing duty (CVD) investigation and the final determination of the companion antidumping duty (AD) investigation of Chinese PV cell imports will be issued at the same time.
