Finance

The German PV equipment provider has improved sales and results in the first half of the year. The company, however, received more orders from the semiconductor and microelectronics industries. In the next 12 months, centrotherm expects new orders from the Chinese solar industry.

The company reports having shipped 4.3 GW of PV inverter capacity, which marks a significant year-on-year increase. While revenues increased slightly, net income improved by a higher margin.

As the debate heats up before Friday’s meeting between federal, state, territory and local government energy ministers in Australia, the Victoria authority has issued a last-minute call to redraft the proposed National Energy Guarantee, and the Australian Capital Territory has redefined its NEG approval condition with regard to the emissions target. Meanwhile, Australia’s energy bodies have taken separate paths.

Chinese polysilicon producer Daqo New Energy says it maintained full production capacity in June, and reiterated its full year production guidance of 22,000-23,000 MT. The company’s Q2 financials show, however, sales volume and profits fell over the previous quarter, thanks to loss of demand in China.

Valmont’s global manufacturing capabilities and utility customer base is expected to help the Italian company expand activity and market share.

Shanghai Electric says the Chinese government’s abrupt decision to rein in solar was a significant factor in the collapse of its planned $3.64 billion acquisition of a controlling stake in the world’s biggest poly maker.

U.K. investor the Foresight Solar Fund today announced the acquisition of a portfolio of operational PV projects, following a placement of new shares in June which raised around £48.1 million.

Through the auction, the authorities in Tirana aim to build a solar park in the Akërni salt flats, near Vlorë.

The U.S. firm expects France will reach a cumulative capacity of 28 GW by 2027, 3 GW more than previously forecast. The reasons for the increase are the renewed efforts of the French government to push for more solar, and the solar plans of big energy players such as EDF and Total.

The Italian wind energy specialist has joined forces with UK-based investment firm Quercus Investment Partners LLP to acquire another 150 MW of PV plants in Italy.