According to industry sources, Hanwha Q Cells is expected to complete its solar cell and module factories this year and become number one in the global solar module sector as early as next year.
Only days after officially opening its new Turkish plant, China Sunergy (CSUN) has announced that it has commenced shipments. The production facility will have a capacity of 300MW in modules and 100MW of solar cells, when fully ramped.
Greece added 793MW of solar projects in the first quarter of 2013, according to national electricity market operator (LAGIE). In March alone, 259MW of new solar capacity was installed.
As of today, March 5, all China-made solar modules and their main components coming into the EU must register with national customs authorities.
The US on Wednesday slapped steep final duties on billions of dollars of solar energy products from China, but turned down a request from lawmakers and US manufacturers to expand the scope of its order.
Total second-quarter shipments at the top 17 solar-module manufacturers rebounded 21% on quarter to 4.4GW following declines of 20% in the first quarter -- with Yingli Green Energy jumping to the top of the charts year-to-date.
Another German solar module maker, Sovello, has fallen victim to fierce global competition. Insolvency adminstrators say the firm based in eastern Germany's "solar valley" will stop production within the next two weeks.
Module manufacturer, aleo solar said it experienced weaker demand and continued price erosion in the first-half of the year due to changes in the German FIT and continued price erosion.
Germany's aleo solar AG has today announced it will close its solar module factory in Santa Maria de Palautordera, Spain, by the end of the year at the latest. 92 jobs will go.
A team from Massachusetts Institute of Technology (MIT) have developed a 3D solar module structure that can generate up to twenty times the electricity from a given area compared to normal solar panel layout.
JinkoSolar Holding Co., Ltd., a solar firm based in China, recently announced the opening of its state-of-the-art PV module testing laboratory in Jiangxi, China. The facility has been awarded the Underwriters Laboratories (UL) Witness Testing Data Program (WTDP) Certificate.
Plans by Trina Solar to build-out its next-generation cell technology, despite industry conditions have been secured with a structured term loan facility of up to US$100 million dollars with Standard Chartered Bank.
REC modules were selected for a 60MW module supplier agreement with the German project developer GP JOULE for solar power plant installations in France and Germany.
This week Solon became the first publicly traded solar-power company to file for bankruptcy in Germany. Despite cost-cutting and a round of last-minute negotiations, the Berlin-based photovoltaic equipment maker can't make its deadline to repay ??75 million in loans.
Wall Street Journal
Under a new agreement announced today, OSM Solarform Corp. will manufacture around 20 megawatts worth of LDK Solar's photovoltaic modules at its Welland-based production line in Ontario.
Third quarter results from Hanwha SolarOne echoed pricing pressure and weak demand, especially from Germany that led to margin pressure, inventory write downs and losses.
Chinese solar panel makers plan to shift some of their production to South Korea, Taiwan and the United States in hopes of defusing a trade case pending against them in Washington, according to industry executives.
New York Times
China Sunergy Co. (CSUN) swung to a third-quarter loss despite a jump in sales as the Chinese solar-products maker saw its margins plunge into negative territory amid falling solar panel prices.
Wall Street Journal
China-based module provider JinkoSolar has today revealed plans to install a 5MW solar plant in the UK with AEE Renewables.
Solar Power Portal
Germany's largest module manufacturer, SolarWorld reported weakening financial conditions in the third quarter. Shipments and revenue remained flat with the second quarter but margins declined as weak demand and declining prices impacted results.
The cost of solar cells and microchips has nowhere to go but down because of a supply glut for the commodity they're made from, a brittle charcoal-colored semiconductor baked in ovens at 600 degrees centigrade.