Latest headlines

Additional investor commits to Meyer Burger

Image: Meyer Burger

The Swiss PV equipment manufacturer has received a CHF 5.76 million (USD 5.7 million) commitment from new investor Brustorm SA, as the company continues its capital increase, as part of the major restructuring it announced...

Bluefield Solar acquires five UK solar plants

Solar installation in England.

The solar investment fund has paid GBP 22.7 million for five sub-5 MW solar PV plants in England and Wales that are due to become operational before March 31, 2017.

Tata Power Solar becomes second Indian module manufacturer to achieve Tier 1 status

Tata Power Solar CEO Ashish Khanna.

Bloomberg New Energy Finance now considers the Indian solar company a Tier 1 operator, becoming only the second in the country after Vikram Solar to earn the accolade.

Canadian Solar receives $141m funding from Hanwha for Japanese solar plant

Yamaguchi prefecture, Japan.

The Chinese solar firm secures project financing from the South Korean conglomerate for the construction and operation of a 55 MWp solar plant in Japan's Yamaguchi prefecture.

India: Demonetization program could boost solar industry, says Mercom Capital

Narendra Modi.

Although chaotic, the Indian government's note recall is likely to benefit banks and distribution companies, potentially loosening lending criteria for solar projects and bringing down interest rates, Mercom Capital believes.

Meyer Burger sets out plans for capital increase and shareholders approve

Image: Meyer Burger

Meyer Burger Technology's Board of Directors has approved the final terms for the capital increase, which were announced earlier today, and will see the Swiss solar production equipment manufacturer seek to accumulate CHF 164.5...

ReneSola posts $20m loss in Q3 as revenue falls short of guidance

ReneSola HQ.

The Chinese solar company posts its first quarterly loss in more than a year as revenue and shipments slip in wake of China market slowdown and lower module ASPs.

Meyer Burger reshuffles board, Peter Pauli steps aside as CEO

Peter Pauli.

The Swiss solar technology provider confirms management and board changes that include appointment of Hans Brändle as new CEO from January 1.

NRG closes on 1.5 GW-AC of SunEdison wind, solar assets

Image: SunEdison

The acquisition includes utility-scale solar projects in Utah, Texas and Hawaii as well as 29 MW of distributed solar in four states.

Six polysilicon manufacturers could be wiped out by end of 2018


A new polysilicon market outlook report from Bernreuter Research predicts a rise in competition in the market, which will drive prices down and push some manufactures out of business, in the face of falling demand from the solar...

Trina Solar Q3 revenue contracts 22.9% sequentially as shipments fall short of guidance

Trina production.

The Chinese solar developer posts expected contraction of revenue and shipments in wake of module price slump and general market headwinds facing the firm.

Hanwha Q Cells records 65% YoY revenue increase for Q3

Hanwha Q Cells production.

South Korean solar firm posts revenue of $707.8 million for third quarter, generating gross profits of $140.5 million. Shipment volumes remain undisclosed, however.

Mosaic closes deal for a USD 250 million financing facility from Deutsche Bank

Mosaic office. Image: Mosaic

The California-based solar loan provider for homeowners has added another substantial capital warehouse to its growing financial clout, this time a USD 250 million facility from Deutsche Bank, as it aims to have USD 1 billion...

Tesla officially acquires SolarCity

Elon Musk solar roof presentation

The largest residential solar developer is now officially part of Elon Musk's electric vehicle and battery empire.

21. November 2016 | | Comment now

Leclanché and Narada Power enter strategic partnership

Leclanche cells. Image: Leclanche

The two energy storage solution companies have signed an agreement to enter into a strategic alliance, which will see Leclanché share its battery storage technologies with Zhejiang Narada Power Source, which will allow the two...

Module price slump weighs on Canadian Solar Q3 revenue

Canadian Solar installation.

The Tier-1 Chinese solar company sees third quarter revenue contract 18.4% sequentially and 22.7% year-on-year due to tumbling module prices; shipments come in below guidance.

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