Challenging competitive market conditions in Europe are forcing SunPower to re-evaluate its business strategy in the region after sales shrank and its European operations were loss-making in the third quarter of 2012.
Utility-scale PV inverter specialist Advanced Energy Industries (AE) has reported record sales of US$60.7 million in Q3 2012, fuelled by growing demand from the North American large-scale commercial and utility markets.
Poland looks set to ramp up its support for large solar plants through a new feed-in tariff and a green certificates programme in a bid to meet European Union 2020 renewables targets.
LDK Solar, one of the world's largest producers of solar wafers, has finalised a deal to sell three solar plants to Henan Xindaxin Materials for RMB140 million (US$22.4 million).
The French Energy Regulation Commission (CRE) has fixed its feed-in tariff (FiT) to €0.035 (US$0.045) and €0.075 (US$0.097) for the fourth quarter of 2012, having fallen from €0.045 (US$0.058) and €0.095 (US$0.123).
Phoenix Solar has amended its revenue expectations for its 2012 financial year with revenue expected to drop to between €150 and €170 million (US$194 to US$200 million) for the year.
The California Public Utilities Commission (CPUC) approved two amended BrightSource contracts, totaling 1,300,000MWh annually, with Southern California Edison (SCE).
The UK Department of Energy and Climate Change (DECC) has announced that solar installations under the country’s feed-in tariff (FiT) have reached 1.3GW across the UK, according to Solar Power Portal.
