Three months of deliberations has resulted in the Chinese Ministry of Commerce (MOFCOM) finding six US renewable energy initiatives guilty of flouting World Trade Organization laws. MOFCOM is dictating it will take necessary measures to force the US to cancel these initiatives in order to bring it inline with WTO statute.
Owning to July’s communiqué that Italy had reached its €6 billion limit, bringing into force the mooted Conto Energia V, Italian energy agency (GSE) has opened the first six-month register for PV systems over 12kW. The register will open at 9am August 20 and close at midnight on September 18 and capped at €140 million.
In response to increased losses and deepening negative margins, Trina Solar has implemented a number of changes to its management structure in a bid to “increase the responsiveness and effectiveness of its revenue-based operations”. As a result, its operations are now divided into four regions, each with a regional leader which will report to Jifan Gao, chairman and CEO of Trina Solar.
Daqo New Energy Corporation, a Chinese manufacturer of polysilicon, has received a notification from the New York Stock Exchange (NYSE) claiming that the company does not meet its price criteria.
With a debt of ¥1.25 trillion (US$16 billion), Japanese electronics manufacturer Sharp Corporation has been feeling the weight on its shoulders and will submit an asset report to its banks next month in order to identify any flagging businesses it could sell to raise some finance, Reuters revealed.
Cambridge University spin-off Eight19 has revealed the launch of Azuri Technologies Limited, which will be used to develop the company’s Indigo ‘pay-as-you-go’ solar technology for off-grid markets.
Daqo New Energy released its second quarter 2012 financial earnings, which saw the company post revenues of US$30.6 million, down from US$34 million in Q1 2012. Additionally, Daqo’s Q2 2012 polysilicon shipments were approximately 1,028MT, while its PV module shipments amounted to 3.6MW. Wafer shipments for the second quarter were 11.2MW.
Yingli Green Energy Holding’s advised that its multicrystalline PV modules had undergone, and successfully passed, potential induced degradation (PID) testing, which was conducted by Intertek Group. The test analysed the power output of Yingli Solar’s PV modules under sever conditions of high voltage, temperature and humidity.
Senersun advised that its polycrystalline modules had passed testing performed by SGS for compliance with IEC 61701 standards for salt mist corrosion. The solar panels underwent four test cycles spread over 28 days. Each module was sprayed with a salt mist solution and then stores for 7 days at 40° C and 93% relative humidity. Testing confirmed that the panels were visually, dimensionally and functionally compliant with the IEC standards.
Non-governmental organization (NGO), the Centre for Science and Environment (CSE), is accusing US thin-film manufacturers of using a loop hole in the Indian government’s renewable energy scheme to “ruin the Indian domestic PV industry”. Jawaharlal Nehru National Solar Mission (JNNSM) initiative mandates a domestic content requirement, however, only for crystalline PV and not for thin-film.
