Hundreds of thousands of Scheuten Solar Holding-manufactured solar modules have been declared a fire risk by the Dutch Food and Goods Authority (NVWA).
The Asia Pacific (APAC) region is forecast to grow to 13.5GW in 2013, representing a 50% year-on-year growth rate, according to the latest NPD Solarbuzz Q1’13 Asia Pacific Major PV Markets Quarterly report.
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.
US solar developer Sungevity has announced the completion of a series of venture capital and project financings which, together, have secured the company up to $125 million in funding.
Wacker Chemie, a Munich-based manufacturer of solar products, will see its current executive board member and personnel director, Wilhelm Sittenthaler, step down on 31 December 2012.
Although shipments increased 5.8% in Q3 2012, compared with the previous quarter, China-based PV manufacturer, ReneSola had declining ASP’s that resulted in revenue down 6.4% q-on-q.
Power-One, an inverter manufacturer, and module manufacturer Phono Solar signed a strategic alliance to market and sell PV systems using their respective technologies.