First Solar

US solar giant First Solar and Indonesia’s PT Pembangkitan Jawa Bali Services (PJB Services) have signed a memorandum of understanding (MoU) to develop 100-MW utility-scale PV projects in Indonesia.

First Solar has continued its highly successful foray into the Indian solar power market with 50-MW of new solar panel orders from Kiran Energy and its associate, Mahindra Solar One.

The United States is using climate fast-start financing to ruin the Indian domestic solar photo-voltaic (PV) manufacturing industry, according to Indian NGO, the Centre for Science and Environment (CSE), in a statement posted on its website. CSE researchers claims 80 percent of the Indian solar PV manufacturing capacity is in a state of forced closure and debt restructuring with no orders coming to them, while the US manufacturers are getting orders from Indian solar power developers.

First Solar, the US-based leading global provider of comprehensive photovoltaic solar systems has announced it will sell its Vietnam factory and will exit the country.

According to figures released in the latest Solarbuzz PV Equipment Quarterly, the solar photovoltaic market became more fragmented in 2011 with the top 10 suppliers accounting for 40 percent of shipment as compared to 44 percent in 2010.