| Solar Technology
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Suntech Q3 Revs Up 50%, Plans 2010 Expansion
Posted by: Ana Swanson on Nov 20 2009
Photovoltaic (PV) module manufacturer Suntech Power Holdings (NYSE:STP) booked net income of $29.8 million in the third quarter of 2009, or $0.16 per diluted ADS, up from $10 million in the prior quarter, the company announced August 20... |
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Trina Q3 Profits Top $40m
Posted by: Tom Telford on Nov 19 2009
Jiangsu-based vertically integrated photovoltaic (PV) products manufacturer Trina Solar Ltd. (NYSE:TSL) reported net income of $40.1 million in the third quarter of 2009, against $18.9 million in the prior quarter and $32.1 million in the year-ago period... |
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Solarfun Back to Profit, Tops 100MW in Q3
Posted by: Ana Swanson on Nov 19 2009
Vertically integrated ingot, cell and module maker Solarfun Power Holdings (Nasdaq:SOLF) reported net income attributable to shareholders of RMB 136.6 million ($20 million) in the third quarter of 2009, or net income of RMB 2.53 ($0.37) per basic ADS, compared to net losses of RMB 44.3 million and RMB 319.9 million in the year-ago and quarter-ago periods, the company announced November 18... |
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GCL-Poly Sells 20% Stake to China SWF
Posted by: Kiki.yang on Nov 19 2009
Hong Kong-based power plant operator GCL-Poly Energy Holdings (3800.HK) has agreed to issue 3.11 billion new shares to the state-owned asset manager China Investment Corporation (CIC) at a price of HK$1.79 per share, to raise HK$5.5 billion, GCL-Poly announced November 18... |
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QS Solar JV Establishes Thin Film PV Project
Posted by: Sophia Fu on Nov 19 2009
Henan Qiangsheng Photovoltaic Technology Company, a joint venture between Shanghai-based QS Solar and Henan Kunlun Solar Company, broke ground on a ten-line amorphous silicon thin-film solar cell factory with total annual capacity of 350MW in Yanshi, Henan province on November 18, solarbe.com reports... |
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SZNE, Hungarian Institute Join for €80m PV Project
Posted by: Kiki.yang on Nov 19 2009
Shenzhen New Energy Development (SZNE) has signed with the Hungarian National Technology Research Institute to develop a €80 million thin film solar cell project in China, solarbe.com reported November 19 citing a company insider... |
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Linuo Expands Shandong PV Project
Posted by: Sophia Fu on Nov 19 2009
Jinan-based Linuo Group broke ground on the 200MW-per-annum second phase of its photovoltaic (PV) cell manufacturing project on November 18, according to an announcement on the company's official site... |
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Solargiga Wins 13.5MW Liaoning PV Project Bid
Posted by: Sophia Fu on Nov 19 2009
Solargiga Energy Holdings (0757.HK) made the successful bid for a 13.5MW photovoltaic (PV) power plant in Liaoning province, the company announced November 18. The 13.5MW project will consist of large-scale on-grid PV power generation of 10MW, 3MW of user-side on-grid generation and 500kW of user-side rooftop installation, the report said... |
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Sunergy Q3 Profit Nears $8m, Raises FY Forecast
Posted by: Ana Swanson on Nov 18 2009
Nanjing-based solar cell maker China Sunergy (Nasdaq:CSUN) booked GAAP net income of $7.8 million and earnings of $0.20 per ADS in the third quarter of 2009, compared to GAAP net income of $0.2 million in the year-ago period and GAAP net income of $1.7 million in the previous quarter, Sunergy said November 18... |
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LDK to Sell 15% Stake in Poly Plant
Posted by: Tom Telford on Nov 18 2009
Jiangxi-based multicrystalline wafer maker LDK Solar (NYSE:LDK) has agreed to sell a 15% ownership stake in its 15,000 metric ton (MT) annualized capacity polysilicon plant in Xinyu, Jiangxi province to Jiangxi International Trust and Investment for approximately RMB 1.5 billion ($219 million), the company announced November 17... |
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Canadian Solar Q3, 2010 Shipments to Double
Posted by: Ana Swanson on Nov 18 2009
Photovoltaic products manufacturer Canadian Solar Inc (Nasdaq:CSIQ) recorded net income of $25.3 million in the third quarter of 2009, or $0.69 per diluted share, compared to net income of $11.1 million in the year-ago period and $17.7 million in the previous quarter... |
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ReneSola Widens Loss, 2010 Forecast Sunny
Posted by: Ana Swanson on Nov 17 2009
Solar wafer manufacturer ReneSola Ltd (NYSE:SOL, AIM:SOLA) reported a third quarter net loss of $10.2 million, or $0.14 per ADS, compared to net income of $32.4 million in the third quarter of last year and a net loss of $3.6 million in the previous quarter... |
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GCL Warns of HK$9m Impairment Loss
Posted by: Sophia Fu on Nov 17 2009
Hong Kong-based power plant operator GCL-Poly Energy Holdings (3800.HK) expects to record a HK$9 billion in non-cash impairment loss for the fiscal year ended December 31, resulting from its acquisition of Jiangsu Zhongneng Polysilicon Technology Development, the company announced November 17... |
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China Selects 294 Projects for Solar Subsidies
Posted by: Cherry Zhang on Nov 16 2009
China plans to subsidize 294 demonstration photovoltaic (PV) projects with total power capacity of 642MW and total electrical capacity of 1 billion kWh through its "Golden Sun" incentive program, according to a notice jointly released by China's Ministry of Finance, Ministry of Science and Technology and National Energy Administration on November 13... |
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Suntech Bases First U.S. Factory in Phoenix
Posted by: Tom Telford on Nov 16 2009
Module manufacturer Suntech Power Holdings (NYSE:STP) first U.S. manufacturing plant will be located in Greater Phoenix, Arizona with an initial production capacity of 30MW, the company announced November 16... |
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Solar Industry Weekly Update Nov 18 2009 |
 In this weekly update, Pacific Epoch aggregates statistics, performance, news and events pertaining to the solar industry.
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Solar Industry Weekly Update Nov 10 2009 |
In this weekly update, Pacific Epoch aggregates statistics, performance, news and events pertaining to the solar industry. |
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