Kong-Hsin Liu, chairman of Taiwan-based solar cell maker Solartech, has indicated that first-quarter 2012 performance will be better than fourth-quarter 2011. In addition, Liu noted...
To reduce its exposure towards a continued weak spot market for wafers, Renewable Energy Corporation ASA (REC) has decided to initiate a process with the trade unions, with the intention...
Since the second half of 2011, many solar firms have been suffering losses and possible bankruptcies. US-based Solyndra, Spectrawatt and Evergreen Solar all declared bankruptcy. Many...
On the basis of further weakening of the solar market, Renewable Energy Corporation ASA (REC) has decided to initiate a process with the trade unions, with the intention to temporary...
Norway-based Renewable Energy Corporation ASA (REC) has reported third-quarter 2011 revenues of NOK3,001 million (US$546 million) and EBITDA of NOK370 million. The operating result...
After a string of bankruptcies declared by US-based solar firms, many Europe-based solar firms have been feeling pressure due to the Europe debt crisis, according to market waters...
REC Silicon has experienced a power supply outage with a 100% power loss and consequently all of REC Silicon's manufacturing facilities in Moses Lake, Washington, were shut down on...
The Board of Directors of Renewable Energy Corporation ASA (REC) has resolved to initiate a process, including formal deliberations with the employee representatives to assess permanent...
The major solar markets such as Germany, Italy and Spain have been decreasing solar incentives in recent years causing demand to dwindle. The low demand has caused prices of solar...
The rise of China-based solar firms has been depressing the price of solar products due to competitive cost-reductions. Many Europe- and US-based solar firms have been facing problems...
The contract price of polysilicon for July 2011 has not yet been finalized between many polysilicon and wafer firms. Solar material providers have been rigid about keeping the price...
China-based GCL-Poly Energy Holdings has extended production from poly-Si material to solar wafers and has lowered quotes for 6-inch wafers to US$2.10, reflecting poly-Si costs of...
