Daily Archives: March 23, 2013

SunPower treading water on a sea of red ink

Posted on March 23, 2013 by Ritesh Pothan

The company reported fourth quarter 2012 GAAP revenue of US$679 million, up 8.5% from US$648.9 million in the prior quarter. Despite reporting its highest quarterly revenue figures for 2012, SunPower continued its loss making ways. SunPower has reported losses in … Continue reading →

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Japan could overtake Germany and US as second largest solar market in 2013 with 120% (5GW) increase in installations

Posted on March 23, 2013 by Ritesh Pothan

The residential market continues to act as a “lifeline” for struggling Japanese companies. Image: IHS The Japanese PV market is predicted to experience a 120% growth spurt in 2013, according to a new report from market analysts at IHS. In … Continue reading →

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Bosch shuts down solar division; total loss amounts to €2.4 billion

Posted on March 23, 2013 by Ritesh Pothan

Early estimates indicate that Bosch’s total loss amounts to €2.4 billion. The start of 2014 will herald an end to Bosch’s activities in the solar PV industry, the company has announced. As reported earlier today on PV-Tech, Bosch Solar Energy … Continue reading →

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JNNSM has 70% of foreign Solar Cells / Modules installed in 77 projects to date

Posted on March 23, 2013 by Ritesh Pothan

The Government has stipulated certain technical measures to ensure quality of the PV modules used in Solar power projects taken up under different Central schemes of the Jawaharlal Nehru National Solar Mission (JNNSM). During last 3 years and current year … Continue reading →

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