Tag Archives: germany

JA Solar (JASO) Inks 110MW Supply Deal With Leading German Solar Company Solar-Fabrik

JA Solar (JASO) has signed another supply agreement with Solar-Fabrik AG of Germany.  JASO will supply more than 110MW of solar products throughout this year.

===> Click Here For Your FREE JA Solar Analysis

"Since 2008, JA Solar and Solar-Fabrik AG have enjoyed a productive and rewarding partnership, and we are very pleased to expand on this alliance in 2011," commented Dr. Peng Fang, CEO of JA Solar. "The success of this relationship demonstrates JA … Read the rest

Auriga Weighs In On Germany’s Solar Tariff Cuts

Following a press conference in Germany yesterday in which the solar industry and the Environment Minister outlined potential mid year feed-in-tariff cuts, Auriga posted its thoughts which I wanted to highlight for my readers.  The bottom line is that despite Germany’s expected cuts, they remain bullish on the sector and haven’t made any changes to their ratings or estimates.

Worst case tariff decline isn’t likely.  Auriga sees German solar installations this year at … Read the rest

Collins Stewart: German Govt Meeting Today For Solar Feed In Tariff Plan

Fly On The Wall reported this morning that the German government will meet today in an attempt to agree on a unified plan for the reduction of the German FIT according to Collins Stewart. The lower house passed legislation in May calling for a 16% reduction to the roof-top FIT and a 15% cut to the FIT for ground based systems.  Collins Stewart doesn’t expect any changes to come out of today’s meeting.… Read the rest

German Solar Subsidy Cuts Reportedly Won’t Be As Significant As Expected

Apparently Germany will not cut solar subsidies as much as had been expected according to draft legislation released today.  They are now planning a 15% cut for solar parks built after July 1st (less than the 25% previously expected), while rooftop system subsidies will be cut by 16% (same as previously expected).  Nothing is set in stone yet as the constantly changing rumors indicate and these numbers may very well change when lawmakers meet … Read the rest

Trina Solar (TSL) Gets 40MW Deal From ITEC Of Germany

Trina Solar (TSL) along with many of its competitors have been whacked on news that Germany will cut solar subsidies, but there is some good news to report out of Germany for Trina Solar this morning.  The company has announced an agreement with ITEC for 40MW in solar modules to be delivered this year – 18MW in the first half.  Prices have been agreed on for the first quarter and shipping has already begun.

Said … Read the rest

Piper Jaffray: Germany Hasn’t Made Subsidy Decision

According to Street Insider, Piper Jaffray’s solar analyst, Jesse Pichel, issued a research note saying that “there were no proposals from the industry or specific demands from the Environmental Ministry of Germany” related to the solar subsidies. Solar stocks didn’t recover at all on this research note and continue to drift to the lows of the day after it was reported by Reuters that Germany would cut solar subsidies by 16 – 17% in … Read the rest

Solar Stocks Hit As Germany To Cut Subsidies 17%, Possibly More In 2011

Solar stocks have been hit hard over the past hour as Reuters reported Germany would begin cutting subsidies by 16 – 17% in April.  German cuts have long been expected, but some had called for a 10% reduction later in the year, so this is a bit more than what some expected. Not to mention solar stocks (the China names in particular) have been on a tear, so any negative news was bound to throw … Read the rest

Yingli Green Energy (YGE) Announces Largest Contract In History – 130MW With IBC Solar

Yingli Green Energy (YGE) has announced the largest contract in its history as it signed a 130MW solar supply deal with IBC Solar of Germany and will ship the modules throughout 2010.

CEO Liansheng Miao commented, “This cooperation with IBC SOLAR, one of the world’s largest suppliers of ready-to-use PV systems and all of the individual components for producing solar electricity, will further enhance our representation in major solar markets worldwide. In addition, this agreement … Read the rest

MEMC Electronics (WFR) & Q-Cells Establish Venture To Build Solar Parks

MEMC Electronics (WFR) and Q-Cells of Germany have established a joint venture to build large solar parks it was announced tonight.  The equally owned park is in Strasskirchen, and is believed to be the largest ground mounted PV system in the country to use crystalline solar cells with a total capacity of 50MW.  It’s being built by Q-Cells and has a completion date by the end of this year.  The two companies are investing up … Read the rest

First Solar (FSLR) Reverses Sharply AH On Germany Concerns; Conference Call Highlights

That was some reversal in First Solar (FSLR) after hours!  The stock ran up to over $190 following the headline results of the quarter in which the company absolutely destroyed estimates, but reversed sharply after the company revealed pricing pressure and financing constraints in Germany.  Frankly, I don’t understand the magnitude of the reversal after hours with the stock now down about 4% from the close.  Granted, Germany is an important market, but the company … Read the rest