Latest headlines

Adani goes for solar Down Under

Queensland, Australia.

With its lofty plans to build Australia's biggest coal project facing delays, the Indian mining group is turning to solar and is looking to partner with international companies in developing clean energy in the states of...

Tesla’s Musk confirms Powerwall 2.0 is on the way

Demand for Tesla's Powerwall is still high

Elon Musk has confirmed Tesla will bring out a new version of its Powerwall home energy storage battery system this summer. While "step changes" can be expected, he declined to elaborate on the new product.

E.ON: Solar sees EUR200 million of EUR10 billion renewables investment

E.ON is predominantly active in the US and German solar markets

E.ON today announced its net investments in renewable energy have surpassed EUR10 billion. The lion’s share has been directed into wind, while solar has received around EUR200 million. A spokesperson confirms the energy utility...

Wacker posts Q4 2015 polysilicon lows, begins production at US facility

Wacker Chemie's polysilicon.

Plunging prices in polysilicon trigger Q4 year-over-year sales drop of 8% despite overall increase in sales for 2015; German firm ramps up production at new U.S. polysilicon plant.

Sharp bailout plans include breaking business up, merging with Solar Frontier

Whatever happens, Sharp will be "quasi-nationalized … broken up and downsized," reports Forbes

Rumors have been furiously swirling around the possibility of a bailout of Sharp Corp. Both Taiwan’s Foxconn and the Innovation Network Corporation of Japan have recently presented rescue plans. The latest news to emerge from...

Kazakhstan may peg green subsidies to US dollar

Almaty, Kazakhstan.

Oil-rich nation aiming for 10% renewables by 2030 is mulling a plan to peg the subsidies it provides for clean energy to the U.S. dollar in an effort to tempt foreign investors.

Expert analysis: Is SMA out of the woods? Outlook for 2016 is promising

SMA has been successful in turning its business around

On January 29, SMA published its outlook for 2016, both in terms of financial goals and upcoming product innovations. Industry expert and Smart Solar Consulting CEO, Götz Fischbeck has crunched the numbers and examined how the...

India: Domestic content compromise proposed, WTO ruling postponed

India needs foreing module imports to meet its ambitious solar goals

The Indian Government has proposed a compromise to end the dispute with the World Trade Organization (WTO) over its domestic content requirement (DCR) for solar modules. A final ruling from the WTO was expected on Friday, however...

New deal could end Hareon’s $90 million lawsuit woes

United PV has agreed to drop the lawsuit against Hareon if certain conditions are met

Hareon Solar has entered into a tripartite agreement with United PV and a Hong Kong investment fund, under which United PV’s around US$90 million claim against Hareon will be transferred to the new investor. The deal, if it goes...

EU confirms Trina’s MIP exit

Trina will continue to serve the European market with modules from overseas factories other than those in China

The European Commission has officially confirmed Trina Solar’s exit from the Minimum Import Price (MIP), announced in December. This now brings to seven, the total number of Chinese companies that have withdrawn from the...

SolarWorld targeting 2016 revenues of >EUR1 billion, shipments >1.4 GW

SolarWorld's strongest market was the US

On the back of a successful 2015, which saw revenues and shipments exceeding forecasts by 33%, SolarWorld says it expects to see another increase of more than 20% in both areas in 2016. Although a positive 2015 EBIT was not...

IFC finances Canadian Solar Vietnam, Brazil fab projects to tune of $70m

Canadian Solar CEO Shawn Qu welcomed the partnership with the IFC: "With IFC's commitment, we are able to expand our production capacity to meet the increasing demand for solar energy worldwide."

The Chinese solar company has received a financing package of $70 million to support its expansion plans in Vietnam, the company has confirmed.

China Sunergy boosts revenue, narrows loss in third quarter

China Sunergy building

The PV manufacturer has seen a sharp increase in sales of its self-branded solar cells and modules. The company's business in China accounted for 52% of its total revenue.

SMA forecasts 'considerable earnings increase' in 2016

SMA Solar Technology AG

The German inverter maker is banking on booming business from the digitization of the energy sector and predicts up to a fourfold increase in operating profit in 2016. The company is presenting the upbeat outlook to analysts and...

Meyer Burger confirms two tool orders worth combined $21.6 million

Meyer Burger HQ, Switzerland.

Equipment manufacturer says leading Asian manufacturer of monocrystalline solar wafers places order for diamond wire cutting technology; second order for Meyer Burger's PERC technology received from cell manufacturer in Asia.

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