Meyer Burger sets out plans for capital increase and shareholders approve
Meyer Burger Technology’s Board of Directors has approved the final terms for the capital increase, which were announced earlier today, and will see the Swiss solar production equipment manufacturer seek to accumulate CHF 164.5 million (USD 162.64 million) by issuing new registered shares.
ReneSola posts $20m loss in Q3 as revenue falls short of guidance
The Chinese solar company posts its first quarterly loss in more than a year as revenue and shipments slip in wake of China market slowdown and lower module ASPs.
Meyer Burger reshuffles board, Peter Pauli steps aside as CEO
The Swiss solar technology provider confirms management and board changes that include appointment of Hans Brändle as new CEO from January 1.
Six polysilicon manufacturers could be wiped out by end of 2018
A new polysilicon market outlook report from Bernreuter Research predicts a rise in competition in the market, which will drive prices down and push some manufactures out of business, in the face of falling demand from the solar industry and increasing capacities.
NRG closes on 1.5 GW-AC of SunEdison wind, solar assets
The acquisition includes utility-scale solar projects in Utah, Texas and Hawaii as well as 29 MW of distributed solar in four states.
Trina Solar Q3 revenue contracts 22.9% sequentially as shipments fall short of guidance
The Chinese solar developer posts expected contraction of revenue and shipments in wake of module price slump and general market headwinds facing the firm.
Mosaic closes deal for a USD 250 million financing facility from Deutsche Bank
The California-based solar loan provider for homeowners has added another substantial capital warehouse to its growing financial clout, this time a USD 250 million facility from Deutsche Bank, as it aims to have USD 1 billion available for solar loans by summer 2017.
Hanwha Q Cells records 65% YoY revenue increase for Q3
South Korean solar firm posts revenue of $707.8 million for third quarter, generating gross profits of $140.5 million. Shipment volumes remain undisclosed, however.
Module price slump weighs on Canadian Solar Q3 revenue
The Tier-1 Chinese solar company sees third quarter revenue contract 18.4% sequentially and 22.7% year-on-year due to tumbling module prices; shipments come in below guidance.
Leclanché and Narada Power enter strategic partnership
The two energy storage solution companies have signed an agreement to enter into a strategic alliance, which will see Leclanché share its battery storage technologies with Zhejiang Narada Power Source, which will allow the two companies to manufacture the storage solutions at scale in China.
