Latest headlines

Xian Longi Silicon increases H1 profit as it announces new Malaysian fab

Malaysian solar.

The Chinese moncrystalline silicon firm enjoys huge increase in profit and revenue for the first half of the year, reveals plans for large Malaysian manufacturing facility producing silicon ingots, wafers, cells and modules.

Germany's fifth solar auction allocates 130 MW to 25 projects

11.5 MW solar far in Helbra, Germany

The fifth solar auction for 125 MW was again well oversubscribed, with 62 bids for a total of 311 MW tendered. The average bid amount declined since the previous tender in April, signaling increasing competition in the sector.

Solar Mosaic raises $220 million in new funding

Solar Mosaic office

The leading California solar loan provider secured financing from private equity firm Warburg Pincus, Core Innovation Capital and Obvious Ventures. The company's average loan amount is $30,000, with interest rates ranging between...

Heraeus Photovoltaics prevails in Taiwan patent ruling

Heraeus Photovoltaics' conductive paste

While litigation in a patent dispute with Giga Solar Materials Corporation is still pending, the Taiwan Intellectual Property Court has confirmed the validity of the German company's patent for its conductive paste.

China: XRMC unveils new 7.27 MW rooftop project in Xi'an

CCCC subsidiary Xi’an Road Construction Machinery Co., Ltd. (XRMC)

The grid-connected solar PV project is a first for parent group China Communication Construction and marks the company's increased focus on renewable energy.

Renova completes 19 MW in southwestern Japan

Renova's Kokonoe Solar plant in Oita, Japan

Although completed in May, the array had to undergo maintenance following an earthquake in April. The Japanese company is set to expand its solar portfolio from 190 MW to more than 300 MW.

TÜV Rheinland launches certification program in Japan

TÜV Rheinland PV module testing

The German organization designed the new program for distributed commercial PV systems in the country.

Battery storage set to strengthen South Australian grid

Rooftop PV system, South Australia

Energy giant AGL and the Australian Renewable Energy Agency are launching a 5 MW battery storage "virtual power plant" in South Australia with the aim of boosting grid stability, reducing power price volatility and supporting...

Amtech reports dip in quarterly solar equipment orders and revenues

The equipment maker’s most recent quarter ending June 30 represents a slow-down from the previous quarter, but nine-month figures still show growth from a year ago.

Capital Stage to take over Chorus Clean Energy

Chorus PV plant, Riechelbach, Germany

Chorus is advising its shareholders to accept the takeover offer from Capital Stage, which Capital Stage, which currently operates 600 MW of solar and wind assets in Europe.

Israel advances bill to cut rooftop solar tax

Israeli Knesset

The legislation aims to encourage investment in renewable energy. Supporters say the bill will help Israeli households generate clean energy and reduce their costs of living while increasing solar power generation in the...

Vector Cuatro opens new office in Chile

Solar PV plant, Vector Cuatro

The Spanish solar PV technical advisory group is expanding operations in Latin America, citing strong growth in the region. The company, part of Italy's Falck Renewables Group, has 10 offices worldwide.

DESRI acquires 11 MW California PV project

The Sacramento Kings

The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar.

Phoenix Solar posts 34% revenue increase, narrows net loss

Phoenix Solar Messe Muenchen rooftop solar PV array

The German solar company expects a return to profitability this year following a strong performance in the first half of 2016.

Intevac reports sale of two tools for thin-film PV in quarterly results

Intevac tooling.

Q2 financials reveal thin-film equipment backlog of almost $50 million that the company hopes will be signed off before year end. Overall net loss for the quarter reaches $3.5 million.

H2 2016 solar slowdown will preface 10% global contraction in 2017, says GTM

Solar park in Europe.

Analysts expect installations in China, U.K. and Japan to slow over the second half of the year, but U.S. project spillover and India's large pipeline will hold course despite global slowdown forecast for 2017.

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