Colombia issues $66.7 million green bond
The funds will be used by the public bank Bancoldex to support unspeficied projects that help mitigate climate change impacts.
Phoenix Solar reports 20% revenue drop for first half of 2017
In the first half of this year, the company also saw its operating loss widen. Phoenix Solar, however, has released an optimistic guidance for full fiscal 2017.
Amtech sees turnover and profits climb in Q2 of fiscal 2017
The U.S. supplier of automation systems for the PV industry said its performance in the quarter was its best results since its solar business unit peaked in the third and fourth fiscal quarters of 2011.
Manz’s Ebit swings to profit thanks to sale of CIGS technology company
Turnover for the first half of this year was slightly down from the previous year. Large order intakes from China, however, will lead to a substantial improvement of the company’s result for full fiscal year.
Profits rise again for Hanwha Q Cells in second quarter
With revenue and gross profit up on Q1, the South Korean vertically integrated solar company continues strengthening its financial position, reducing its debt-to-equity ratio by 80%.
Centrotherm achieves slightly better results
The German PV equipment supplier reports a stronger order intake for the first half of this year. Turnover, however, was lower than last year.
SMA’s results impacted by price fall
The German inverter manufacturer reports that shipments remained stable in the first half of this year, while revenues were down compared to a year earlier. The company, however, has raised its outlook for 2017.
Solar markets see increase in total funding in first half of 2017
A total of $4.6 billion was raised in 97 deals in the first half of 2017, up from $4.5 billion in 79 deals in the respective period last year, shows information published by industry analysts Mercom Capital Group.
Enphase CEO Paul Nahi steps down during second-quarter earnings call
In a move that caught some by surprise, the third member of the founding team at Enphase said he felt it was time for a new CEO to continue its global growth. The company expects to name a new CEO by Aug. 31.
Solarworld’s insolvency administrator reaches agreement with investor
Solarworld Industries GmbH, for which the former CEO Frank Asbeck has been registered as managing director, wants to continue most of the cell and module production at its German facilities. The meeting of creditors must approve the agreement on Friday. The investors also take over the shares in foreign companies, but not in the US subsidiary of the German photovoltaic manufacturer.
