Latest headlines

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...

Lux Research sees doubling of PV market up to 2018

Boston based analysts Lux Research has announced that the solar sector is on the recovery path, set to reach a worth of US$155 billion in 2018. The industry is expected to ramp up rapidly to 61.7 GW market size in 2018 after...

Power-One shareholders sue ABB

Swiss power and automation technologies giant ABB announced on April 22 the acquisition of inverter manufacturer U.S. Power-One. But shareholders of the American company are claiming that the US$1 billion sale price is too low....

China waits on EU verdict

A satellite image of China.

China to wait on EU solar panel anti-dumping decision before announcing results of its own probe into polysilicon imports.

Siemens study shows Europe can save billions in renewables pursuit

Power generation solutions provider Siemens has released a study analyzing electrical power producing systems, especially renewable power plants, in Europe, and has identified the potential for optimization. Project siting has...

JA Solar repays bonds

Chinese PV manufacturer JA Solar has repaid the US$119 million for convertible bonds that was due May 15. The company has stated that it remains commited to meeting all debt obligations to protect the interests of stakeholders.

Applied Materials reports losses in energy and environmental solutions segment

PV equipment manufacturer Applied Materials has posted its second quarter results for the fiscal year 2013. The Energy and Environmental Solutions (EES) segment recorded a GAAP operating loss of US$322 million, inclusive of...

Solar power rises in Japan with plans for 636 MW by 2015

Japan solar photovoltaic project

Japan’s corporate giants are establishing major new solar projects in the country, with 636 MW planned by 2015. Japan Asia Group, Nippon Paper, Toyota and Mitsubishi are among the active players in the country’s booming solar...

Gehrlicher secures €85 million in financing as it seeks to expand international operations

Gehrlicher HQ Dornach bei Muenchen

Germany’s Gehrlicher Solar AG has received €85 million in financing for another two years from an international group of banks led by BayernLB.

SNEC: Trade case uncertainty further depresses investment

SNEC 2013 Solarpraxis booth

As the 2013 SNEC tradeshow closes its doors in Shanghai, uncertainty over the EU trade case and lack of cash flows remain major impediments to investment and innovation. New business opportunities in emerging markets are also...

2.6 MW solar plant for NY factory

The Stars and Stripes.

Power company Constellation expects to complete a 2.6 MW solar installation at fiberglass manufacturer Owens Corning’s Delmar, New York factory, by the end of the year.

SunPower issues positive 2013 guidance

SunPower solar photovoltaic plant

SunPower has issued guidance for the FY and Q2 2013. Overall, it expects a slight increase in revenue and gross margin compared to 2012, and increased photovoltaic production. It additionally issued details of its global power...

Colored solar panels open aesthetic possibilities

Solar glass.

The Swiss company which today announced the development of colored solar panels says its products suffer only a 'negligible' loss of efficiency compared to traditional photovoltaics.

China’s Hanergy acquires UK-based Engensa

Hanergy HQ

Hanergy has acquired U.K. solar installation firm Engensa for an undisclosed sum. The China-based thin film photovoltaic cell and module manufacturer is looking to expand its presence in the country’s residential solar market.

SNEC: Changing face of Chinese PV market

SNEC 2013

The second day of the SNEC tradeshow drew to a close today in Shanghai with challenges of the Chinese photovoltaic market and its changing nature becoming clear. A foggy day greeted attendees and the opaque nature of the Chinese...

Symbior Energy plans 190 MW of PV in Thailand

Thailand solar photovoltaic plant Symbior

Symbior Energy aims to install 190 MW of photovoltaics in rural Thailand by 2014. A spokesperson for Armstrong additionally reveals more details of Symbior’s 30 MW partnership with Armstrong Asset Management.

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