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Several large sapphire furnace orders have helped GT Solar to almost double its equipment order backlog guidance from approximately US$1 billion to US$1.6 billion. However, technical upgrades offered to existing customers of DSS650 furnaces are tracking ahead of schedule, enabling GT Solar to raise revenue guidance for the current quarter to approximately, US$225 million, up from previous guidance of between US$140 million - US$150 million.
Wall Street Journal
It was a successful trade show. That was expressed by all the exhibitors whom pv magazine spoke with, regardless of whether they were inverter manufacturers, junction box makers, cables and connectors producers or mounting system folks.
PV Magazine
Q-Cells SE (QCE), the German solar-cell manufacturer that's fallen 56 percent in Frankfurt trading over the past year, is open to a takeover bid, Chief Executive Officer Nedim Cen said.
Bloomberg
The 20th Intersolar Europe has opened its doors today in Munich. While the trade show floors are still quite empty, word on the street is that, spurred on by China's progress, India is getting ready to significantly ramp up its photovoltaic market. Automation is the watchword.
PV Magazine
Finacial Times
Wall Street Journal
South Korea's Samsung SDI aims to increase total annual revenue to 13 trillion won ($12.1 billion) in 2015, more than double last year's 5.1 trillion won, the company said on Wednesday.
Reuters
GT Solar International has received the largest order to date for its polysilicon production equipment from South Korean firm OCI.
PV-Tech
Seeking Alpha
Seeking Alpha
Wall Street Journal
Suntech Power Holdings Co. Ltd. and First Solar Inc., the world's top solar panel suppliers, warned Monday that potential cuts in European government subsidies for solar power could lead to both lower demand and prices for their products, a combination that could hit their bottom lines.
Wall Street Journal
Reuters Africa
Norway's Renewable Energy Corp posted forecast-beating earnings on Wednesday, but warned of waning demand, oversupply and price pressure as political uncertainty clouds key European solar markets.
Reuters
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