First Solar stalled by lower demand
This week, First Solar, in its biggest retrenchment to date, said it would idle four production lines in Malaysia and close its production plant in Frankfurt, Germany, late this year.
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First Solar lays off 2,000 as Europe demand wanes
First Solar Inc. is laying off 2,000 workers and closing its plant in Frankfurt, Germany, in response to waning demand for solar panels and increased competition from China.
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China Outsourcing Wind Production to Germany?
BERLIN and AMSTERDAM, April 13, 2012 /PRNewswire/ — New wind installations in Germany grew 30 percent in 2011- Now Chinese companies are building factories in GermanyThe Chinese subsidiary Jade Werke …
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UK to lose offshore wind lead if reforms delayed
LONDON (Reuters) – Britain, now Europe's top offshore wind hub, will fall behind other European countries if the government fails to stick to its market reform timetable, the head of utility Scottish Power said. "The concern I have for the UK is if we don't get the details out and make our announcements quickly, there's the risk the investment goes to Germany or to France," said Keith Anderson …
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Solar industry faces subsidy cuts in Europe
Shiny black solar panels are as common a sight as baroque church spires in this industrial hub, thanks to government subsidies that have helped make Germany a world leader in solar technology. Now, sudden subsidy cuts here and elsewhere in Europe have thrown the industry into crisis just short of its ultimate goal: a price to generate solar energy that is no higher than fossil-fuel counterparts …
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GE to Supply 41 Multi-Megawatt Wind Turbines for Four Projects in Germany
GE announced today a contract with the leading German project developer Energiekontor AG for four wind power generating projects comprised of 41 2.75-103 wind turbines.
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Germany to cut subsidies for solar power
Germany plans to reduce government subsidies supporting solar power by up to 30 percent within a year because higher-than-expected demand has made the scheme far more costly than authorities initially expected.
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Solar: Germany Cuts Subsidies; Stocks To Take A Beating
Solar stocks are headed lower Thursday morning after Germany announced that it will reduce solar power incentives sooner than expected. The country?s Economy and Environment ministries said the country will redue solar power incentives by between 20% and 30% starting March 9, rather than the expected start date of April 1. The government will??cut incentives …
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LDK Leads Solar Slump on German Tariff Reports: China Overnight
LDK Solar Co. led a drop in Chinese solar stocks in New York after a French materials supplier said the companies are reducing orders and Citigroup Inc. signaled Germany may cut industry subsidies by at least 20 percent.
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Solar: Analysts See Steeper German Subsidy Cuts; Shrs Off
Solar shares are coming under pressure Tuesday morning as several analysts warn that the industry faces the prospect of steeper-than-expected cuts in Germany?s feed-in-tariff, in what could be a potential broad hit to demand in the one of world?s largest solar market. Deustsche Bank analyst Vishal Shah reported in a research note this morning that …
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