Sol Voltaics has received $17 million in C funding round. In 2017, Swedish startup will start pilot production of its nanowire technology that can potentially increase solar cell efficiency by up to 70%.
A new report examining renewable energy in the MENA region finds that "PV is experiencing rapid growth due to its tremendous potential and continuously decreasing technology costs," with a current pipeline of 2.3 GW.
SMA posted a hefty loss as sales plunged in the first six months of 2013, but the inverter manufacturer is expanding operations abroad and hopes to benefit from the trend towards energy management and hybrid systems.
SunEdison reported a "solid execution" in its semiconductors segment and a continued growth in its solar project pipeline despite $102.9 million net loss in the second quarter.
Germany's Phoenix Solar has achieved its first quarterly operating profit since 2010 while posting a half-year net loss. Now focusing on foreign markets, it generated more than 90% of its revenue from international business.
The restructuring deal will give creditors a major stake in the company while drastically reducing the stock of existing shareholders. The move may not be enough to insure SolarWorld's long-term prospects, says one analyst.
Anti-dumping tariffs and the recent agreement with China on minimum import prices have removed any possible injury to EU companies, making anti-subsidy duties unnecessary, according to the EC.
Saferay has secured ReneSola modules for its La Huayaca II project in Chile, a non-subsidized plant that is going up without power purchase agreement or feed-in-tariff support.
A municipal council in Portugal has shut down a once ambitious solar project that would have seen production of 859 MW of annual solar panel production after the developer failed to complete the endeavor.
First Solar has gained major ground in thin film technology development following its deal with GE and also acquired a pipeline of solar projects in the U.S. and Mexico from Element Power despite a drop in second-quarter revenue.
The beleaguered German company's remaining noteholders today backed restructuring plans which now have to win approval at tomorrow's extraordinary shareholders' meeting.
Scientists in Switzerland have taken a major step in improving the stability of dye-sensitized solar cells by replacing iodine-based electron transport systems with cobalt, which better protects cells from long-term degradation.
Goldpoly subsidiary China Solar Power Group has acquired a further 300 MW of solar projects as part of its 2 GW acquisition deal with developer Zhongli Talesun Solar.
Chinese solar giant JA Solar has secured $90 million credit line from the Bank of Communications of China. The state-backed loan, aimed at encouraging solar, was offered two days ahead of the EU anti-subsidy decision.
Donauer won the Namibia Breweries bid thanks to its D:Hybrid system concept. Photovoltaic manufacturer CNPV will supply the project with its CNPV-250P polycrystalline modules.
The Swiss solar production equipment company has signed two big contracts with Asian clients and says there are signs of hope for the industry despite reporting its latest multi-million losses.
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