PV-Tech Newscast – December 14, 2012

Solar is winning the race and is set to be the fastest grower in the US renewables sector. Indeed, in the third quarter of 2012 PV surged to a record 684MW in the US and strong growth is forecast to continue with PV expected to account for 17% of total electricity generated from renewable energy sources apart from hydropower by 2040. In another round of financial results, the week's Newscast reveals that Suntech Power Holdings and Hanwha SolarOne both reported falling sales and have, in turn, lowered their full-year shipment guidance. In some brighter news, JinkoSolar has secured a US$1 billion financing deal to support its expansion plans while Sharp's triple-junction InGaAs solar cell has passed tests to show a record conversion efficiency of 37.7%. Over in South Africa, a host of companies including Hanwha SolarOne, ABB, GCL-Poly and Suntech have announced winning bids this week to build utility-scale projects under the government's renewable energy programme. Companies: ABB, GCL-Poly, Hanwha SolarOne, JinkoSolar, Sharp Corporation, Suntech Power Holdings

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  • Photovoltaics International 24th Edition

    Signs earlier in the year of the global industry entering a growth phase have now been confirmed beyond any doubt. Almost all the big-name suppliers have now announced some form of manufacturing capacity expansion, a trend that analysts agree will only gather pace as long as the levels of demand predicted over the next few years turn out to be correct.

  • Manufacturing The Solar Future: The 2014 Production Annual

    Although the past few years have proved extremely testing for PV equipment manufacturers, falling module prices have driven solar end-market demand to previously unseen levels. That demand is now starting to be felt by manufacturers, to the extent that leading companies are starting to talk about serious capacity expansions later this year and into 2015. This means that the next 12 months will be a critical period if companies throughout the supply chain are to take full advantage of the PV industry’s next growth phase.

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