Though a pick-up in demand was seen late in the third quarter, weak demand, pricing pressure and inventory build have impacted China Sunergy. Revised guidance puts module shipments down by as much as 55MW compared to previous guidance, while gross margins are expected to be negative to the tune of around 14%.
Just one week after completing an 80MW project in Ukraine, Activ Solar has added a further 20MW to the country’s burgeoning solar portfolio by installing Phase II of the Perovo Solar Power Station.
Capacity expansions are out, improving manufacturing line efficiencies and productivity is in, according to First Solar’s chairman Michael Ahearn, who took over the CEO role from ousted Rob Gillete last week. Capacity expansions had seen average module efficiencies rates increase modestly in 2011; on the downside, production cost per watt merely flat-lined. Almost unheard of was the fact that manufacturing line utilization rates had dipped below 100% as capacity outstripped demand. Back at the helm, Ahearn said that First Solar would re-focus on markets without energy subsidies such as the Middle East as well as markets with critical energy needs such as India, North Africa and China.
Social media giant, Facebook, is entering the solar cogeneration arena with help from Cogenra Solar, which will be developing a renewable hot water and electricity solar cogeneration array on the rooftop of Facebook’s Menlo Park campus fitness centre. Cogenra advised that this is not only Facebook’s first venture into solar energy at its corporate campus, but that the company will be the first corporate campus to use solar cogeneration.
The anticipated pick-up in demand elasticity proved elusive for what is expected to be a common theme of the next few weeks as major PV manufacturers report third quarter results. Another short-term trend will be guidance revisions along the lines announced by Trina Solar, which has cut shipment guidance by approximately 100MW and margins reductions by a few percentage points.
SunPower’s latest endeavours in California includes partnering with Orchard Supply Hardware, a chain of 89 hardware and garden retail stores located throughout the state, in order to reach a wider audience through information displays and at www.OSH.com.
A fruit and vegetable distribution centre in the south of France is now the site of the world’s largest building-integrated photovoltaics (BIPV) system, after 97,000 Solaire France Sunstyle PV roofing tiles were installed on the Saint Charles International in Perpignan.
German manufacturer Singulus Technologies has received an order for its Singular PECVD tool, a coating tool for the application of ARCs on crystalline silicon solar cells, from the Solar Energy Research Institute of Singapore (SERIS). The SINGULAR is part of a multi-million dollar project headed by SERIS focusing on silicon wafer heterojunction solar cells and their mass production.
Soltas Energy has signed a contract to purchase 175.5MW of CNPV Solar Power’s premium range modules. Delivery of the modules will be staggered over the next two years, with the first shipment being received in October.
Nigeria’s National Agency for Science and Engineering Infrastructure (NASENI) recently revealed plans to develop a 7.5MW solar panel manufacturing plant in Karshi, Abuja so that Nigeria can begin to cut its dependency on the importation of solar panels. The project is being developed through a joint venture with an undisclosed foreign partner.
