Tag Archives: growth


First Solar Earnings Disappoint

Prior to reporting its full-year 2012 results yesterday evening (Feb. 26) First Solar announced that it’s reached a new efficiency level for cadmium telluride (CdTe) thin-film photovoltaics, at 18.7 percent efficiency (as verified by the National Renewable Energy Laboratory). Then during the earnings report, the company produced non-GAAP earnings per share of $2.04 for the

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Kingtec Solar: Poised to OWN The Solar AC Market

“One Hundred million affected by Indonesian power outage“;  “Short circuit in Brazil leaves 190 million without power”, “Over 375,000 customers without power in San Francisco“; “Up to 90% of population in Chilewithout power”; “600 million in India face power outage” . The number and frequency of electrical power outages is as staggering as the number of people impacted. Surprisingly still,


IEA: Renewables to Grow 40% by 2018

Despite economic uncertainties, global power generation from renewable sources of energy is seen to grow by more than 40 percent to almost 6,400 terawatt-hours over the next five years, or roughly 1.5 times the current electricity production in the United States, according to a report from the International Energy Agency. Renewable energy generation from 2011


SolarReserve Looks for Global Growth

SolarReserve, known for its solar thermal towers with energy storage systems, is looking to the mining industry and foreign markets for growth opportunity. The company already has major projects in California, Nevada and Colorado. While there is plenty more opportunity domestically, Tom Georgis, vice president of business development for SolarReserve, said there are other countries


The Solar Manufacturing Industry: No Improvements Yet

Recent solar module production capacity has been nearly twice the demand, resulting in significant overcapacity and excessive inventories. Solar manufacturers have reduced prices to record lows, often at or below the module cost of goods sold (COGS). Companies have been hunkering down until overall market conditions improve by laying off workers or actively seek creative


In Focus: Super Cities

A metropolis is a large densely populated urban area that has a significant economic, political and cultural function to its inhabiting country or region. A city’s population has to exceed 1 million inhabitants to even be considered a metropolis in today’s context. Another term has been coined to describe cities with super densely populated urban


China’s Solar Growth: Holy Cow!

China is upping its solar target once again, after having done so several times in past couple of years. Last year, China raised the target to an eye-popping 21 gigawatts (GW) by 2015, and the new target of 35 GW is 67% higher than that. That means, in just 3 years, China will have added


The Middle East and North Africa: Solar Mega Growth Ahead

Demand for solar energy in the Middle East and North Africa (MENA) region will skyrocket in the next five years, according to a new report from GTM Research and the Emirates Solar Industry Association (EISA). “In terms of solar energy, it is clear that the MENA region is set to experience significant change over the


Latin America: The New Solar Hotbed?

High electricity costs (both wholesale and retail), rumors of government tenders, and significant price declines of photovoltaic equipment have attracted a rush of solar development in Latin America and the Caribbean. At the start of 2013, more than 10 gigawatts of large-scale projects have been announced in the region, but just 91 megawatts are currently