Latest investor headlines

Phoenix Solar doubles Q1 revenue Y-o-Y

Solar installation in Munich.

The German PV project developer posts first quarter revenue of EUR 9.9 million, double that achieved in Q1 2015, following the conclusion of several large-scale projects. Accelerated Q2 growth forecast.


Enphase Energy hits Q1 revenue target as price reduction roadmap continues

Enphase president and CEO Paul Nahi.

The U.S. microinverter specialist reports first quarter revenue of $64.1 million, shipments of 143 MW and a GAAP gross margin of 18.3% as product costs continue to fall.


Hanergy’s USD660 million Macrolink deal scrapped

Hanergy America Solar Solutions

The unusual deal, which appears to be effectively cancelled, would have seen Hanergy supply 600 MW of BIPV production equipment to Macrolink for USD660 million and an agreement that Macrolink would purchase 3.48% of the company’s...


India: SECI calls on World Bank for $200m financing for own solar projects

Hyderabad, Andhra Pradesh.

The Solar Energy Corporation of India plans to increase its downstream portfolio with series of large-scale solar projects across the country; has approached World Bank to provide 50% funding.


Canadian energy company eyes 150 MW PV plant in Vietnam

Hoi An, Vietnam

CMX Renewable Energy Inc. has applied for a license to build a 150 MW PV plant, costing an estimated USD150 million, in Vietnam’s Ninh Thuan province, just as the solar market is being stirred within the country.


SolarWorld Q1 shipments rise 62% Y-O-Y, but profitability takes a hit

SolarWorld installation.

Demand from the U.S. market fuelled first quarter shipment increase to 341 MW according to preliminary financials published today; currency effects drag down profits.


Third phase of Dubai's DEWA solar project attracts record low bid of US 2.99 cents/kWh

Dubai skyline

Five bids worth a total of 800 MW of solar PV capacity have been submitted in the third phase tender for projects at the Dubai Electricity & Water Authority solar park; lowest bid of 2.99 cents per kilowatt-hour received.


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