Although there were no specifics mentioned in the financial forecast for 2011 provided by Q-Cells as it announced full year financial results, sales are set to be at around the same level as last year. As previously reported, Q-Cells sales increased by 70% to €1.35 billion in 2010. In its annual report, 2011 sales guidance is between €1.3 billion and €1.5 billion.
First Solar and juwi solar have become the latest names in the solar industry to enter into the world of sports sponsorship after they signed a joint contract with an amateur U.S. road cycling team.
Leading Chinese polysilicon manufacturer Daqo New Energy has started work on phase two of its new facility in Shihezi, Xinjiang. Manufacturing will begin in the second half of 2012, with an initial capacity of 3,000 metric tonnes.
Solar Nation has installed and commissioned a 876kW solar power system on the rooftop of Sunham Home Fashions distribution center in New Providence, New Jersey. The 130,000 square foot system , which was designed, engineered and installed by Solar Nation, utilizes 3,575 SolarWorld 245W solar panels, two SMA American inverters and a Draker Laboratories web-based monitoring system.
Dr. Simon Bransfield-Garth has been selected by Eight19, an organic photovoltaic (OPV) technology developer, as the company’s first chief executive officer. His appointment comes after a September 2010, US$7.4 million investment from the Carbon Trust and French chemical company Rhodia for the commercialization of OPV technology that will be created at Cambridge University’s Cavendish Laboratory; to which Eight19 is closely associated.
Pictometry Online is extending its 3-D like, high resolution aerial images to solar contractors, which the company states will allow for a better and more accurate calculation of solar exposure, panel placement, sizing, roof pitch and square footage for a solar installation on either a residential or commercial building.
Coming off the strong year that was 2010 in the global solar photovoltaic world, Solarbuzz’s Quarterly report has countered that 2011 may be a rockier road. The research company is estimating that Germany’s first quarter 2011 end-market demand for solar PV has been performing at less than 50% of what it was in the first quarter of 2010 and maintains that even though module manufacturers worldwide have been reducing prices, the market has yet to feel a positive effect.
Tucson Electric Power has chosen SunPower's rooftop solar technology to equip its new Bright Roofs programme. The T5 Roof Tile will power systems, totalling 11MW, which are being installed on leased school and public-building rooftop space in Tucson over the next three years.
Solar experts and university researchers will gather together in Abu Dhabi from March 27-28 to attend the city’s first forum on photovoltaics. The event, which will be presented by Semiconductor Research Corporation (SRC) and the Masdar Institute of Science and Technology, will explore the route for development of cost-effective systems capable of achieving 25% energy conversion from solar resources in Abu Dhabi by the year 2020.
In releasing 2010 financial results this week, centrotherm photovoltaics achieved record results, dominated by revenue generation in its Solar Cell & Module segment, while revenue from its Silicon & Wafer segment and Thin Film Module segment declined compared to 2009. Group revenue reached €624.2 million, a 22.6% increase over revenue of €509.1 million in 2009. Solar Cell & Module segment revenue reached €404.5 million, up 68.6% compared to the previous year and represented 64.8% share of total revenue.
