Company says revenue will be in line with forecast, but subsidy cuts in Europe, an inventory writedown, contract cancellations, and a panel shifting strategy all cause a Q2 loss.
ET Solar Group announces a $50M common equity issuance to an existing ET Solar investor; company has raised about $100M to date.
German solar manufacturer Scheuten Solar installed 20MW of projects in first half of 2011; company operates in Europe and the U.S. while opening a new sales office this year in the UK.
Solar inverter companies SatCon and Advanced Energy Industries along with polysilicon company Daqo New Energy say they wouldn't meet previous earnings guidance; SatCon also reduces workforce 15%.
Company announced it received orders worth $81.7M for polysilicon production equipment from two Asian customers that will be included in Q1 backlog; this follows GT's largest order last week of $460M.
Solar farm developer BlueChip Energy is looking for 20MW of solar modules to use in their 40MW Sorrento Solar Farm project in Florida; company has already contracted for 20MW of modules.
Cenergy Power installs two PV systems, a 1.12MW carport/ground-mount and a 560kW ground mount, for Setton Pistachio at their 300,000 sq-ft pistachio processing facility in Terra Bella, CA.
The Mini-inverter has 4 input channels and 4 pairs of DC wires that connect to 4 solar panels, CyboInverters can perform Maximum Power Point Tracking for each connected panel.
The state is offering aggressive incentives for companies looking to locate in Arizona; incentives include tax credits, grants, and business tax reductions.
Helios will manufacture and supply solar panels to Arista Power for use in its products and for resale; Arista will also distribute Helios's products to the U.S. military.
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