The European Commission has sharply raised duties on imports of solar glass from China, ruling that producers had absorbed previous anti-dumping and CVD penalties into their prices.
The European Commission has sharply raised duties on imports of solar glass from China, ruling that producers had absorbed previous anti-dumping and CVD penalties into their prices.
Prices of solar stocks continued to slide downward this week, as they have for months. Analysts attribute recent declines to a mistaken belief in a direct relationship between oil prices and solar market fundamentals.
Suniva will increase its U.S. solar manufacturing capacity to 400 MW following an injection of US$57.7 million by Chinas Shunfeng International Clean Energy, which yesterday announced a 63% stake in the U.S. company. A ramp up to 1 GW is on the cards, according to reports, however.
Ascent Solar Technologies Inc. has terminated an agreement in Suqian, China to build a 100 MW solar PV module manufacturing facility, due to, among other issues, a lack of available technical skills.
SunEdison Inc. and energy producer and transporter, Dominion have formed a joint venture on the 320 MW(ac) Four Brothers solar PV project in Utah. Under the terms, Dominion will invest around US$500 million, and SunEdison, $150 million.
Israeli company SolarEdge has registered a record revenue for the fiscal quarter 4Q2015. Increased manufacturing capacity and continued active cost reduction measures have brought gross margins to a quarterly and annual high.
The commercial rooftop PV market in Australia has recorded its strongest month of installations in July, with the result bolstering solar installations for month. Almost 17 MW of commercial PV was installed for the month, bringing the annual total to close to 77 MW.
Marking its third acquisition in two years, Solar3D has signed an agreement to acquire California-based solar systems provider, Elite Solar, which is set to see revenues soar 140% YoY. The transaction is expected to close by latest, November 1.
First half sales increase year-on-year by 26% to reach EUR 429.3 million as operating losses narrow over the second quarter, company transformation progressing as planned.
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