Applied announced it would cut two of its solar product lines in its latest quarterly results, which caused a further bleeding of red ink in its Energy and Environmental Solutions business unit.
Shares in the Chinese module manufacturer soared as a $280 million sale of five solar projects in Ontario was cited as proof of the successful focus on downstream operations.
IHS predicts solar manufacturers in Taiwan and Korea will soon be able to offer solar products in Europe below the minimum price negotiated for Chinese products last week.
The EC has published details on the negotiated minimum import price it approved on Friday that settled the trade dispute over Chinese modules and cells, but several questions remain unanswered.
SolarWorld's planned debt to equity swap was waved through by creditors on Monday. A second group of noteholders vote on Tuesday ahead of an extraordinary shareholders' meeting on Wednesday.
The falling price of solar modules may lead to an increase in rooftop photovoltaic installations in Brazil, which is initially targeting 1.4 GW of solar by 2022.
Japan's Marubeni is set to acquire a 25% share in Ireland's Mainstream Renewable Power following the EUR 100 million investment. If approved by shareholders, the deal would accelerate Mainstream's key global projects.
The chief operating officer of Gehrlicher Solar says the EU-China agreement "is of no use to anyone" but nevertheless welcomes an end to the dispute-related uncertainty.
The publication of the EU acceptance of Chinese undertakings on minimum prices for solar products was predictably light on detail. The list of participating manufacturers in the trade agreement is more or less comprehensive.
Japanese giants see their balance sheets boosted by the domestic solar boom. In response, Sharp announces plan to widen its solar product range and expand its development business.
Munich solar manufacturer CentroSolar has little to cheer from its second quarter figures but the auditing of its 2012 accounts has cleared the way for September's critical debt to equity swap.
Solar played its part in U.S. energy company NextEra's profits from April to June but wind is still the company's favored renewable and the year on year six-month figures were less encouraging.
EU member states voted to accept the EU-China trade deal announced by commissioner Karel de Gucht last weekend. An EU press spokesman said no member state had voted against the agreement.
Bernhard Beck said the policies of the current government in Berlin mean it is impossible to consider developing another 128 MW solar park like the one he was inaugurating at Templin, in Brandenburg state.
Global installations of residential PV storage systems will grow to 2.5 GW by 2017, according to a new report by research group IHS, which finds that Germany's energy storage subsidy has kickstarted the surge.
The companies say they are collaborating in China "to improve the power output, quality and reliability of solar energy systems to meet the world's growing energy needs."
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