PV-Tech Newscast—November 9, 2012

Following weeks of campaigning, the PV industry can now sleep a little more easily as Barack Obama crushed the Republicans' Mitt Romney in the race for the White House. The President opened his second term with a pledge to free the US from foreign oil. This week's Newscast also sees another development in the mounting international solar trade war, with China launching anti-dumping and anti-subsidy probes into solar-grade polysilicon imports from the EU. Meanwhile, third quarter results have started to roll in. First Solar posted a 33% rise in module production compared with the previous quarter despite recording lower revenues. SunPower has also been struggling with shrinking sales and loss-making European operations. In Germany the feed-in tariff has been reduced by 2.5% as PV installations rebounded in September reaching 980MW. Over in Algeria, Sonelgaz is drawing up plans to develop 4.2GW of renewable energy capacity to help the country meet its renewable energy target of 22GW by 2022. And finally, ReneSola has started to provide locally produced PV modules outside of China for the first time by offering made-in-India PV modules to its Indian customers. Companies: First Solar, ReneSola, Sonelgaz, SunPower


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