The troubled Hong Kong solar company’s financials reveal that two customers accounted for almost 80% of sales revenue in first six months of the year; revenue reported as $425 million for the period.
The Chinese solar PV group increased its net profit by 1% year-on-year as it ramped up its downstream portfolio by more than 55%.
Despite increasing gross profit by 114% and revenue 30.9% year-on-year, China's SFCE suffered from widespread grid curtailment of its solar power plants, as well as delayed tariff subsidies.
The German solar equipment manufacturer signs memorandum of understanding with GCL and China Intellectual Electric Power Technology; first processing systems already ordered.
U.S. tracker manufacturer NEXTracker has purchased software firm BrightBox Technologies in a move it says will augment its predictive modeling capabilities and expedite the commissioning process.
The Indian conglomerate says it expects to commission phase one of its Gujarat solar equipment facility before year end, with Phase 2 penciled in for April 2017. Tenders issued for 200 MW solar+storage in Karnataka.
The London-based solar systems provider has secured investment from a consortium of backers, including Engie SA, to help support its expansion plans in Cameroon and the Ivory Coast.
July's successful circumnavigation of the globe by Solar Impulse was a triumph for human endurance and ingenuity, and proved solar power's efficacy as a reliable source of electricity. But the project would not have been possible...
A total of 1.4 GW of projects were put forward under the 200 MW tender, with energy storage projects taking positive steps forward, says Renewable Energy Agency.
The grant from the U.K.'s Engineering and Physical Sciences Research Council will enable the Australian organic cell developer to better understand the impact of halide modified titania on Perovskite cell performance.
Having originally announced details of a 25 MW project, the Perth-based solar power integrator has now secured a larger tract of land and promising funding to upsize the plant to 100 MW.
Japanese electronics giant is preparing to expand into the Chinese solar market with an eye on supplying megasolar plants being planned across the country. Strategy could prove risky, experts say.
A post-slump solar recovery could arrive in Europe as early as 2018 should policy support sufficiently smooth the path for dormant solar pipelines on the continent, says IHS Markit.
Vertically integrated Chinese solar firm increases sequential module shipments by 7.3% and revenue by 8.9%, while solar power projects generate 55.5% revenue increase over same period.
Energy ministry confirms series of six tenders of 500 MW each to be launched between 2017 and 2020 as country gradually reignites efforts to boost its solar PV sector.
China's second half slowdown drags module shipments down 19.5% sequentially, while lower wafer ASPs cause revenue contraction despite increased shipments.
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