Latest news
LDK Solar registers third-quarter loss
LDK, a Chinese solar panels manufacturer, released its third-quarter financial results, which indicated a higher-than-expected revenue loss because of lower costs for solar energy equipment, factor that weighed substantially on company’s revenue.
read more... 23/11/2011
Spain to focus on renewables
Spain is a fast developing renewable energy country and it is expected to move towards by supporting even more expensive energy commodities. Three Spanish companies, Iberdrola, Gas Natural and Endesa registered heavy incomes benefiting from the renewable boost. The chairman of Iberdrola, Sanchez Galan said the company made wrong steps with the development of solar PV power, and will make efforts to avoid such “moving” relative to solar thermal power.
read more... 16/11/2011
New solar PV tariffs in Germany
German Federal Network Agency has recently revealed new feed-in tariffs for solar PV power for 2012. The new once will be 15% lower than those in 2011 and were settled by the German Network Agency after analyzing the solar PV increase for the fiscal year through the third quarter of 2011.
read more... 15/11/2011
Chinese solar companies affected by discouraging global demand
Chinese solar companies, Yingli Green Energy Holding Company and ReneSola Limited cut down their third quarter and year-round products deliveries, sales and profit forecasts, blaming the discouraging global demand and company’s write downs.
read more... 14/11/2011
French Photowatt could bankrupt
Photowatt (PWO), a French solar panel producer, owned by Canadian ATS Automation Tooling Systems INC., is likely to bankrupt denouncing the decrease in demand for solar panels, strong competition mainly from China and balancing global economic situation.
read more... 10/11/2011