Latest headlines
SunPower plans to sell US$300 million of convertible debentures
The California photovoltaic manufacturer has plans to sell debenture bonds worth $300 million.
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’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...
LDK posts US$1.05 billion net loss in 2012; signs 500 MW supply contract
Debt-ridden LDK Solar has recorded an enormous 2012 net loss totaling US$1.05 billion, significantly up from the $608.95 loss seen in the previous year. Meanwhile, it has signed a wafer supply agreement worth 500 MW with...
Gehrlicher secures €85 million in financing as it seeks to expand international operations
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
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...
Germany calls for "conciliatory solution" to provisional AD PV duties
The EU anti-dumping Committee today met in Brussels to discuss the EU Commission's plans to impose average provisional AD duties of 47% on Chinese PV imports on June 6, among other trade cases. The outcome of the consultation...
EU AD duties on Chinese PV imports: A turning point for China?
Henning Wicht, principal PV analyst at IHS Solar, talks to pv magazine about the possible effects average AD duties of 47% on Chinese PV imports will have on prices, investors' business models, Chinese manufacturers, EPC players;...
EU to see PV price hike following AD on Chinese imports
The European Commission’s plan to slap Chinese PV modules with punitive anti-dumping duties could lead to a 45% surge in the average pricing for Chinese-manufactured products, result in yield reductions on some solar projects to...
SunPower issues positive 2013 guidance
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...
SMA considers further job cuts of 1,000
A total of 1,000 jobs are reportedly at risk at the German inverter manufacturer. SMA has not confirmed concrete figures, but it confessed that the board is evaluating such urgently needed measures.
China’s Hanergy acquires UK-based Engensa
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
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...
Aleo Solar posts sharp drop in sales
In the first three months of this year the Bosch subsidiary suffered an almost 60% decline in sales compared with 2012. EBIT loss even nearly doubled and increased to more than €16 million.
SMA sees revenue drop nearly 50% in Q1
Germany’s SMA Solar Technology reported a 47.6% drop in sales to €212.3 million in the first three months of the year as the company struggled with subsidy cuts in major markets, the still unresolved debt crisis and the...
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