PV power systems specialist, Bentek Solar claims to have shipped over 100MW of its new 1000VDC Breaker Universal Safety Systems (BUSS) since the product was only launched back in March, 2013.
PV energy provider (PVEP), SunPower, is to raise US$300 million to pay down some of its outstanding debentures and use the proceeds for working capital requirements.
JinkoSolar’s increasing focus on emerging markets with harsh environmental conditions has been given a boost after its PV modules passed TUV Nord’s Dust & Sand Certification Test.
Leading module manufacturer, Yingli Green, has revised module shipment and gross margin guidance for the first quarter of 2013.
The solar PV market is poised to rise from the ashes of its 2011 crisis to grow to US$155 billion in 2018, according to analysts at Lux Research.
Higher than guided product shipments, notably to higher average selling price (ASP) regions such as Japan, supported a significant drop in quarterly losses at JA Solar in the first quarter of 2013.
Applied Materials reported a surprise GAAP operating loss for its Energy and Environmental Solutions (EES) segment of US$322 million that included impairment charges of US$278 million. Non-GAAP operating loss was US$34 million.
KACO new energy sales have reached the equivalent of 34MW since the company started supplying major PV project developer Enerparc with utility-scale PV inverters.
The planned outsourcing of module production to Europe to avoid expected EU anti-dumping duties is expected to contribute to higher average selling prices for ReneSola during the rest of the year.
JinkoSolar has launched its PID-free all-black ‘Eagle II’ series module at SNEC, being held in Shanghai this week.
PV project lumpiness and weakness in polysilicon investments impacted first quarter 2013 sales at power electronics specialist, 3W Power/AEG Power Solutions.
The latest iteration of JA Solar’s ‘Cypress’ solar module was revealed during SNEC in Shanghai this week.
During SunPower’s Analyst Day, the company provided a small glimpse into its technology roadmap, highlighting that the ‘X-Series’ module platform would reach conversion efficiencies of 23% in 2015, up from 21.5% today.
Despite being sold out for the year, SunPower still expects to make a net loss on revenue guided at between US$2.6 billion and US$2.7 billion in 2013.
Suntech Power Holdings has been able to secure an extension on repayment of its US$541 million convertible note with a select group of bondholders it was previously negotiating with.
SMA Solar Technology is continuing to tout the expectation that a dire PV market this year will lead to the company making further headcount reductions.
Major PV module manufacturer Trina Solar has lowered first quarter shipment guidance and expects gross margins to be as low as 1%.
PV projects in Thailand as well as strong demand in select European countries saw Conergy post its highest ever first quarter shipments.
Solar PV wafer production is forecast to surpass 30GW and recover to 2011 levels, according to the latest NPD Solarbuzz Polysilicon and Wafer Supply Chain Quarterly.
Amtech Systems is planning a further round of workforce and operating expense (opex) cuts to preserve cash, based on predictions that the next PV equipment buy cycle will not begin until 2014.
Dye solar cell (DSC) developer Dyesol has claimed a breakthrough in solid-state DSC efficiency of 11.3%. Typically best-in class efficiencies for such cells have been in the 5% range.
Chinese PV module manufacturer, China Sunergy (CSUN) has been warned by NASDAQ that it was not in compliance with the minimum stock holder amount of US$10 million.
MEMC Electronic Materials expects to complete over 900MW of PV projects between the third quarter of 2013 and the second quarter of 2014 as it ramps its PV project pipeline and backlog.
MEMC Electronic Materials and Tainergy Tech have agreed to reduce monocrystalline wafer shipment levels in their long-term supply contract.
Leading micro-inverter firm Enphase Energy posted strong sales in the first quarter of 2013.
A five-year global solar forecast by the European Photovoltaics Association (EPIA) has confirmed other recent reports of a major shift in activity away from solar’s traditional stronghold in Europe.
Leading PV energy provider (PVEP), First Solar reported first quarter revenue of US$755 million in the quarter, a decrease of US$320 million from the fourth quarter of 2012 but exceeded slightly the top range of guidance.
Specialist encapsulant supplier STR Holdings continued to see sales slump in the first quarter of 2013, despite many module manufacturers raising production utilization rates on improved demand.
PV energy provider (PVEP), Canadian Solar expects module shipments in the first quarter of 2013 to be much higher than previously guided.
PV inverter manufacturer, Power-One reported a small increase in sales in the first quarter of 2012 on the back of a rush to complete commercial project in Italy.
PV energy provider (PVEP) SunPower has revealed that demand exceeded its ability to supply product and services in the first quarter of this year.
The European Union added 16.5GW of new PV capacity in 2012, representing a 25% decline compared with the 22GW figure recorded in 2011, according to figures published by EurObserv’ER.
Citing improved margins against very tight capital expenditure control, PV module manufacturers are increasingly outsourcing part of their production needs, benefiting the likes of Flextronics, Jabil Circuits and JA Solar, according to a new report from IHS.
The top 20 solar PV module suppliers accounted for almost 70% of global PV shipments in Q1 2013, according to the latest NPD Solarbuzz Module Tracker Quarterly report.
Yingli Solar has been crowned as the top module producer for the first time as well as the top cell manufacturer in 2012, according to rankings compiled by GTM Research.
Manufacturer Hanergy Solar Group has set up a new arm to help it break into the downstream solar market and maximise the application of its thin-film solar technology.
SolarWorld has secured agreements with the majority of banks and creditors to undertake a massive debt-to-equity swap.
Struggling SolarWorld has issued a few key preliminary consolidated financial figures, before disclosing full-year unaudited results.
The International PV Equipment Association (IPVEA) and solar research group EuPD have jointly formed a new industry body to represent the emerging solar storage sector.
Reduced polysilicon production dragged revenue generation down at Renewable Energy Corporation (REC) in the first quarter of 2013.
The global market for energy storage in PV is forecast to grow to US$19 billion by 2017 from just $200 million last year, according to research by IHS.
Korean conglomerate Hanwha Group has revealed that its PV industry foray that started with the acquisition of Chinese manufacturer Solarfun and last year included the bailout of Germany’s Q-Cells will become a “centrepiece” of the company’s future growth.
DuPont’s overall global PV module production is set to decline around 15% in the second quarter, according to Ellen Kullman, the company’s chair of the board and chief executive.
Germany, China and the US are the world’s top three utility-scale markets, according to figures from data analysts Wiki-Solar.
Investment in new renewable energy capacity is predicted to increase by 230% annually to US$630 billion by 2030, according to new research by analysts at Bloomberg New Energy Finance (BNEF).
Global industry association SEMI has reported that PV manufacturing equipment bookings in 2012 slumped 74% to only US$1.31 billion, down from US$4.97 billion in 2011.
The PV module business is set to rebound in 2015 with leading companies returning to profitability on the back of slowing ASP declines, higher global installations and further company consolidation, according to the NPD Solarbuzz.
Major power and automation conglomerate, ABB has made its move to become the dominant PV inverter specialist with the planned acquisition of number two market leader, Power-One in an all cash transaction of approximately US$1,028 million.
The global PV inverter market broke through the US$7 billion level for the first time in 2012, according to market research firm IHS.
The International Energy Agency (IEA) has warned delegates at the Clean Energy Ministerial (CEM) that global efforts to decarbonise energy have completely stagnated.