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16 Aug 201115 Aug 201112 Aug 201111 Aug 20119 Aug 20118 Aug 20115 Aug 20114 Aug 20113 Aug 20112 Aug 201129 Jul 201128 Jul 201127 Jul 201126 Jul 2011
Silver prices have been bad news for photovoltaics of late. Their continuing spike is causing ripples across the photovoltaic manufacturing industry as it forces companies to find cost-effective solutions to the super-conductive metal or face losses.
PV Magazine
Only hours after PV-Tech reported that Evergreen Solar had said it was in detailed and time-consuming negotiations with holders of its 13% Convertible Senior Secured Notes due 2015, which had caused the company to delay quarterly SEC filings, the company has said it has filed for voluntarily bankruptcy, under US Chapter 11 bankruptcy codes.
PV-Tech
Electronic News
The European Union has launched a legal challenge against Canada at the World Trade Organization to protest against provincial backing for solar and wind energy projects, the bloc's executive said on Thursday.
Reuters
Wall Street Journal
Centrotherm Photovoltaics AG (CTN), a German maker of production equipment for the solar industry, rose the most in almost three years, buoyed by surging sales in Asia.
Bloomberg
Despite a significant increase in sales in the second quarter of 2011, Q-Cells has warned that losses reached ??95.8 million in the first half of the year, due to price declines, inventory write-offs and other one time issues.
PV-Tech
Monday's announcement that China is to introduce a national photovoltaic feed-in tariff (FIT) scheme was received well by many in the industry, however analyst opinion is that the Chinese tier-one manufacturers stand to gain the most.
PV Magazine
Not be outdone by rivals such as Yingli Green in the utility-scale PV power plant business in China, Trina Solar has secured a 30MW module supply agreement with Huanghe Hydropower Development Co. Huanghe Hydropower is planning two ground-mounted solar projects in China's Qinghai Province, of which delivery is expected to start from August and continue through October of this year.
PV-Tech
Dow Corning Corporation has announced that its subsidiary Hemlock Semiconductor Group is selling all of the polysilicon it produces, and remains sold-out "for the foreseeable future".
Solar Server
MEMC Electronic Materials Inc., which makes wafers for solar panels, said Wednesday that its second-quarter profit climbed, helped by a boost in revenue from the resolution of a wafer supply agreement with Suntech Power Holdings Co.
MSNBC
Having cited weaker-than-expected financial results for the first quarter of 2011, due in part to the halt in PV installations in the key Italian market , Trina Solar has revised its second-quarter guidance, which points to the demand issues in Italy for the company's lower sales expectations.
PV-Tech
Photovoltaic cells are best known for turning sunlight into electrical power - and they're big business. But did you know that there's a type of PV cell that eats heat instead of light to make power? It could replace the Li-ion battery in your cell phone, and it may also be used to scavenge waste heat from almost anything that normally dumps it into the environment, from your TV's electronics to your car's engine (even an electrical one).
MSNBC
1 Aug 2011
Wall Street Journal
Solar investors should brace themselves for some downright dreadful second-quarter earnings reports in the coming weeks, though the rest of the year may provide some relief to battered solar stocks as panel prices stabilize and profit margins recover.
Reuters
Despite the first-half slump in PV installations and significant inventory build across the PV supply chain, leading polysilicon producer Hemlock Semiconductor would seem to be riding its 50th year in business in style, as Dow Corning management noted that the polysilicon JV arm had remained ?嚙編old-out' in the first half of the year and the situation would remain the same for sometime.
PV-Tech
Japanese thin-film manufacturer Solar Frontier has announced today that it's new 900 megawatt (MW) CIS thin-film factory has reached full commercial operation, with all production lines open. At full capacity and in combination with the two existing plants, the new facility brings Solar Frontier's annual capacity to around one gigawatt (GW).
PV Magazine
China's strategic development of new energy resources over the next five years will focus on four sectors -- nuclear, wind, solar and biomass power, the official Shanghai Securities News reported on Monday, citing unidentified officials.
Reuters Africa
In another sign of trouble in the PV capital equipment sector, Veeco has decided to exit the CIGS solar systems business. Announced as part of the company's second-quarter financials, the move results in a combined negative impact and backlog removal of approximately $71 million on its Q2 GAAP results.
PV-Tech
Wall Street Journal
Solar panels integrated on LED area-light poles feed power onto the grid during daytime peak electrical usage to compound the energy savings of SSL technology.
LEDs Magazine
Q-Cells SE, once the world's largest solar cell maker, said it's spending 17 million euros ($25 million) to expand output of higher-priced modules as a way to diversify away from its main products.
Bloomberg
In what may come as a surprise to some, BP Solar has revealed its intention to apply the brakes to its distribution network and module expertise in order to concentrate on project development. In a statement sent to its partners, the company explained that it had made the strategic decision in order to profitably grow over the long term.
Solar Power Portal
LDK Solar Co., Ltd., a vertically integrated manufacturer of photovoltaic (PV) products, today announced that its PV Module Lab located in Nanchang City, Jiangxi Province, China, has officially taken part in Intertek Group's Satellite Program.
Solar Novus
Canadian Solar Inc. (CSIQ) said its second-quarter shipments will beat its earlier expectations, but gross margins are expected at the lower end of its guidance.
Wall Street Journal
The prices of solar panels are falling fast, and that's putting enormous pressure on manufacturers to cut costs and improve the amount of power solar cells can convert from sunlight.
Reuters
DuPont announced on Monday that it has bought Innovalight, a Silicon Valley startup that makes silicon ink that solar-cell makers can use to improve the amount of electricity that the cells can squeeze out of sunlight. DuPont declined to disclose the purchase price.
Reuters
Ten years to the day that Q-Cells manufactured its first solar cell, the company has revealed that it is independently launching production of its Q.Peak high-performance module at its Solar Valley Thalheim headquarters.
PV-Tech
SunPower has updated its expected fiscal second-quarter financial results, joining a growing number of PV manufacturers adjusting to weaker-than-expected demand in the second quarter of 2011.
PV-Tech
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