Latest headlines

Brazilian bank aims to boost domestic solar manufacturing

Sao Paulo, Brazil.

A BNDES solar project funding scheme will have various levels of local content requirement. From 2020 onwards, bank-funded schemes must include Brazilian cells.


Solar weighs on Kyocera figures

A Kyocera solar project at Nedo, Japan.

Japanese electronics corporation points to the end of residential subsidies in Japan and a drop-off in utility scale projects as negatives and no mention of solar is made in the upbeat forecasts for the next quarter.


Capital Stage posts 60% increase in pre-tax profit in first half of 2014

Capital Stage 20 MW Solarpark Brandenburg

The German group's bottom line in the first six months of 2014 was boosted by recent acquisitions of solar and wind parks in Germany and France.


SMA cuts sales and profit forecast, announces layoffs

SMA inverters

The leading inverter manufacturer is lowering its annual sales forecast by up to EUR 450 million and planning to cut 600 jobs worldwide by the end of next year amidst shrinking demand.


SunPower breaks ground on 135 MW Quinto Solar Project

California Valley Solar Ranch in San Luis Obispo County.

CEO Tom Werner says SunPower's ownership strategy provides it with a return on investment from its technology while reducing the risk to potential buyers if it later sells the plant.


PV more profitable than onshore wind in Germany

Fraunhofer ISI, Karlsruhe, Germany

Although PV installations in Germany produce less electricity than onshore wind installations, they generate "significantly higher profits," according to a new report by the Fraunhofer Institute.


SolarWorld increases first half revenue by modest 13%

SolarWorld installation, Germany.

SolarWorld AG's preliminary business results for the first half of 2014 also reveal solid growth in module sales but below-par sales of complete systems.


EU debates energy security strategy

The flag of the EU.

The European Parliament debated a strategy which calls for more renewable generation alongside more fossil fuels and nuclear. Ukraine conflict is bringing energy security sharply into focus.


Developer planning 49 MW scheme on Anglesey

An English solar farm.

SBC wants to develop a $93m scheme on the Welsh island and is launching a four-week public consultation. UK developers have been emboldened by the recent High Court defeat for the government's attempt to block solar farms.


SolarWorld merges German operations

SolarWorld facility, Freiberg, Saxony, Germany

The German group is bundling its operations in the state of Saxony to create a centralized production chain in Freiberg, which is celebrating 20 years of solar production next month.


REC Solar achieves $16.2 million second-quarter profit

REC Solar facility, Singapore

While Europe remains the company's No. 1 market, it sees great potential in the U.S., where it recently signed a major supply deal with leading solar provider SolarCity.


Shunfeng lands $323 million credit line

Suntech headquarters

Boosted by the acquistion of Suntech, the Chinese group is looking to expand operations in the U.S. and Asia and has slated $74 million for investment in 100 MW of projects in Japan.


SolarWorld restructuring triggers 50 MW supply deal

Frank Asbeck of SolarWorld.

Satisfactory resolution of the company's annual general meeting 2014 culminates in the announcement of a 50 MW solar module delivery order.


Trading begins for SunEdison yieldco

Gross proceeds of at least US$500 million are expected from TerraForm Power's IPO. The company has an initial portfolio of 808 MW of solar PV projects in three continents.


REC Silicon hits $24 million Q2 profit as polysilicon demand increases

REC production facility, U.S.

The polysilicon producer reported strong revenues of $126.8 million in the second quarter of 2014, boosting profit after a loss-making Q1.


Study ranks Germany as world's most energy efficient economy

Bundestag, Berlin.

Hot on the heels of its World Cup success, Germany claims another accolade as it is crowned most energy efficient major economy. U.S. lags behind in 13th place.


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