Around the web
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Investor concern among Italian and foreign photovoltaic operators is said to be running high after rumors emerged that the government would further cut incentives. Despite assurances to the contrary, GIFI says the industry is panicked.
PV Magazine
Satcon Technology has released preliminary unaudited results for revenue and gross margin for the second quarter of 2011, which show that the company has revised its gross margin for the quarter downwards from 17-20% to within the 7-11% range. Revenue for the quarter, previously forecasted at between US$50 and US$60 million, now looks set to come in at between US$45 and US$47 million.
PV-Tech
Drops in solar cell prices and surging interest in developing nations led to a 32% increase in investments in renewable energy globally in 2010, a United Nations report finds.
USA Today
China's state-run media denied recent reports that the former President and Party General Secretary Jiang Zemin had died. Citing what it called "authoritative sources," Xinhua news agency labeled the reports as "pure rumor".
Forbes
Pyeongchang's triumph of the 2018 Winter Olympics is expected to cultivate more than just national pride, paving the way for the South Korean economy to rake in an estimated US$27 billion, according to the Korean Institute for Industrial Economics and Trade, a state-run think tank.
CNN
FBR Capital analyst Craig Berger asserted in a research note that OmniVision could be at risk of losing its status as the dominant provider of image sensors for the Apple iPhone.
Forbes
Applied Materials has announced a trio of new systems designed to boost performance in the next generations of DRAM chips. These innovative systems overcome key challenges in fabricating the transistor and contact areas of memory chips.
Company release
Korean companies and developers are now able to directly develop or invest in overseas mines for indium and lithium, two rare metals that are used to produce display panels and batteries for electric cars, the government said yesterday.
JoongAng Daily
Samsung Electronics Co. said Thursday it estimates weaker second-quarter earnings, as its liquid crystal display business likely posted its second straight quarterly loss due to slumping demand for televisions and personal computers.
Wall Street Journal
Scheuten Solar has realized nearly 20 megawatts worth of photovoltaic projects in the first half of the year, in Belgium, Italy and the Netherlands.
PV Magazine
Q-Cells' North American subsidiary is gearing up to start work on the last ten megawatt (MW) AC phase of Starwood Energy Group Global's 60 MW photovoltaic project in Ontario.
PV Magazine
Arista Power, Inc., a developer and manufacturer of wind turbines, renewable energy power storage and management systems, and a supplier of solar energy systems, announced today that it has entered into a strategic partnership with Helios Solar Works, a manufacturer of high-performance, mono-crystalline solar modules for solar electric systems.
PR Newswire
Trading company giant Mitsui & Co. plans to build huge solar power plants in the Tohoku region to help the region recover from the March 11 disaster by easing its power shortages, it was learned Wednesday.
Daily Yomiuri On-Line
Hyundai Heavy has announced it was dropping plans for a takeover of Hynix Semiconductor.
The Financial Times
Researchers from the Massachusetts Institute of Technology say they have developed a technique for pushing the resolution of high-speed e-beam lithography to write patterns for chips as small as 9-nanometers across, much smaller than previously thought possible.
EE Times
Solar and LED equipment maker GT Solar International Inc said it received orders worth $81.7 million for polysilicon production equipment from two new Asian customers, sending its shares to their lifetime high.
Reuters
Leading LED lighting manufacturers have announced large price drops for the next-gen tech, meaning we could all be using far less energy in a few years.
MSN
With a 5-year goal of manufacturing nitride-based LEDs on large-diameter silicon substrates, Siltronic has joined IMEC's gallium-nitride-on-silicon program.
LEDs Magazine
The president of the Japanese electronics maker Sharp Corp. said Monday it will localize more of its solar panel production outside the country, as the strong yen makes exports too expensive while fast-growing Chinese makers create a global inventory glut.
Wall Street Journal
Renewable sources in the U.S. are starting to produce enough energy to rival oil output, according to the federal Energy Information Administration.
Los Angels Times
Having 8 facilities within the Tokyo Electric Power Company and Tohoku Electric Power Co service areas, Kyocera has increased the size of the rooftop solar power system at its Tanagura manufacturing plant in Fukushima Prefecture, to meet energy reduction targets of 15%, due to the power consumption regulations dictated after the Fukushima nuclear power disaster.
PV-Tech
QSolar Limited has introduced new high end solar panels with power outputs from 260W to 300W, designed specifically to address the large scale utility solar power plant applications. These panels produce 30% higher power output in comparison to the previous highly successful 230W range.
Market Wire
Chipmaker Wolfson Microelectronics has lost a quarter of its value after it warned on profits after customers sold fewer products than expected and delayed new launches. The company supplies chips for smartphones and tablets for the likes of Samsung, LG and Research in Motion (but crucially, not Apple).
The Guardian
Covent Garden Market is harvesting some dramatic energy savings thanks to a high-tech lighting system installed by two small London companies. Some merchants say the new LED lighting system has even reduced spoilage in their fruit and veggies.
London Free Press
Semiconductor Today
Leader of the UK's opposition party, Ed Miliband, has challenged the government's decision to slash the country's photovoltaic feed-in tariffs (FITs) for systems over 50 kilowatts in size.
PV Magazine
Tough market conditions have forced polysilicon producer Daqo to lower its second-quarter financial outlook for revenue and shipments. The move came after Daqo was hit hard by weak demand and declining prices for its products
PV-Tech
After declining for two consecutive quarters, rapidly falling PV module price is a key factor in strong recovery of PV module shipments and re-establishing demand in 2H 11, as per the latest report from IMS Research.
EE Times India
Hackers apparently broke into the FoxNews.com's Twitter feed for political news early Monday and used it to announce - falsely - that President Barack Obama had been assassinated.
CNNMoney
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