The company is banking on a strong second half due to continued demand in Japan and increased business in North America, according to Chairman and CEO Baofang Jin.
A year-over-year doubling in revenues in the company's PV equipment division still leaves EES far below volumes in 2010 and 2011. The division returned to profitability in the previous quarter.
Sweeping energy reforms signed into law this week include multiple changes to the electricity sector, many of which favor solar and other renewable energies.
The U.S. energy group is taking a bold step into the mobile solar business with the purchase of the Utah-based maker of personal solar products.
The acquisition will give the U.S. encapsulant manufacturer a major beachhead in China's growing PV market. For STR shareholdders, the deal could mean a $22.6 million dividend windfall.
The deal provides the Australian company with a beachhead in the growing Thai market and an additional 100 MW pipeline. Environmental Engineering in turn has the right to use the Westinghouse Solar brand.
Owners of PV plants bigger than 900 kW face minimum losses of about 8% as a result of new legislation passed by the Italian government last week.
Interview: pv magazine speaks with Mounting Systems Managing Director Stefan Spork about the company's new ownership structure and its continuing internationalization strategy.
In an effort to shore up local PV manufacturing, Brazil's development bank has set local content requirements for solar projects which it will finance in Brazil's first national solar-only auction.
U.K.'s Department of Energy and Climate Change public opinion tracker finds support for solar stands at 82% while backing for fracking wanes.
The Canadian-Chinese module maker and developer grew its revenues and margins during the second quarter, with record PV module shipments of 646 MW. Canadian Solar also has a strong project pipeline going forward.
Originally part of the now defunct German group Wirsol, the British unit was acquired by Conergy in January. Robert Goss will now head both Conergy subsidiaries in the U.K.
The ambitious $813 million, five-year project in the city of Lishui will include both distributed and ground-mounted installations. The company aims to build up to 100 MW of capacity a year.
The companies have extended their existing inverter supply agreement aimed at the U.S. residential solar rooftop segment.
The Spanish group continued its global diversification in the first half of 2014, achieving 39% of its revenue from North America and 25% from South America.
The sale of skytron and its Indian subsidiary is expected to improve the Netherlands-based power electronics systems provider's operations as it focuses on its core businesses.
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