PV inverter sales at Advanced Energy (AE) remained strong in the fourth quarter of 2012 at US$59.6 million, down only 1.8% from US$60.7 million reported in the third quarter of 2012.
PV inverter specialist, Power-One reported fourth quarter revenue of US$192 million, within revised guidance but sales declined 32% in Europe, forcing the company to adjust production to demand with the planned loss of 300 jobs.
Solar module sales at Kyocera are expected to increase significantly in the first quarter of 2013, boosted by a rush to install systems before expected feed-in tariff reductions are introduced at the beginning of April.
Applied Materials announced today that George S. Davis, Executive Vice-President and Chief Financial Officer (CFO), will be departing the company effective March 8, 2013.
A cap of 2.5% should be applied to inreases in renewable energy incentives levy in Germany, according to the country's Environment Minister, Peter Altmaier.
After the recent resignation of Michael Wilhelm in his position as Sunways chairman, LDK Solar, Sunways majority shareholder has appointed Mario Zen in the vacated position.
