The solar industry faced oversupply problems that caused significant price drops in 2011. Most solar firms faced losses. However, the rapid decrease of cost for solar PV systems induced...
China-based solar firms have been hoping that the China market will overtake Germany as the biggest solar market in the world. However, industry sources pointed out the 5GW of installation...
The global solar PV system installations in 2011 continued to grow by 15% on year, reaching 23.4GW. By regions, Italy has surpassed Germany to become the largest solar market in the...
Osram is the LED firm under Siemens. The revenues for the fiscal year 2011 (from 2010 October to 2011 September) were EUR5 billion (US$6.46 billion). Osram currently has around 40,000...
The global installation capacity for solar PV systems in 2012 is expected to reach 20GW, rising from 16-18GWp estimated for 2011, according to chairman and general manager Davis Chen...
Gintech Energy, a Taiwan-based maker of solar cells, has received rush orders with prices above US$0.50/watt to fully occupy its production capacities, with some shipments scheduled...
Financial challenges are forcing solar photovoltaic (PV) companies to shift focus from seeking market share to instead prioritizing a return to profitability, according to Solarbuzz...
The revenues accumulated by China-based large-size internationally-listed solar firms in the first half of 2011 were less than the revenues from the same period in 2010, but shipments...
The solar market has been experiencing large turbulences in 2011. No one is optimistic about the industry in the short run. However, the exit of unfit firms has become the main drive...
Solibro, a subsidiary of Q-Cells SE, has marked a world record with its thin-film technology CIGS. Solibro's thin-film Q.SMART module technology is now the first in the entire thin-film...
Canadian Solar, a China-based solar firm, has announced that it has supplied solar modules for an 8.5MW power plant in Lindenhof near Neubrandenburg in the German state of Mecklenburg-Vorpommern...
The spot prices of solar products in Greater China this weeks have been experiencing some leveling off, says Chihheng Liang, analyst of Digitimes Research. The leveling off is not...
The price of solar cells continues to decrease and many firms have been trying to clear out inventory. Previously firms typically cut prices 30% to clear out inventory, but due to...
A surge of installations in the fourth quarter may be possible due to the 15% cut in incentive planned in Germany in 2012. UK also plans to cut incentives by 50%. The incentive cuts...
Technological improvement will be the key to solar firms' survival, according to Simon Tsuo, chairman of Taiwan-based solar cell maker Motech. The industry should have seen oversupply...