The pv magazine weekly news digest
Massive movement in LatAm as Chile lowers the PV price bar and Argentina sets its solar sights high. Elsewhere, SolarCity continues to grab the headlines.
A solid Q2 for JA Solar sees significant increases in sales and revenue
A booming Chinese solar market led to a substantial rise in shipments and revenue for domestic solar manufacturer JA Solar in the second quarter of 2016, although the company expects a slight slowdown in the second half of the year as Chinese demand should drop.
SolarCity cuts co-founder salaries to $1, announces job losses
In SEC filing, U.S. solar lease provider reveals it expects to incur restructuring charges of $3-$5 million in light of unspecified number of job losses. CEO and CTO to accept reduced salary as reduced guidance bites.
Canadian Solar beats shipment and revenue guidance for Q2
The Chinese solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter on back of increased sales to the Americas. Downstream pipeline tops 20 GW.
EU ProSun survey finds EU solar installers open to keeping trade barriers against China
The survey, on behalf of the SolarWorld-backed organization, found that a majority of more than 500 EU installers backed the extension of trade measures against Chinese PV manufacturers, if the Chinese companies are found to be violating international trade law, a month after 34 European solar organizations signed a letter calling for the end of the trade barriers.
Sky Solar signs LOI for sale of 152 MW solar assets in Japan
Sky Solar Holdings has signed a Letter of Intent (LOI) with Solar Partnership Capital for the potential sale of 152 MW of solar projects at different stages of development in Japan, with an intention to invest further in solar projects within the country.
Neo Solar Power posts NTD826 million net loss in H1
First-half revenues reached NTD10.408 billion (USD334 million ), contributing to an operating loss of NTD834 million. It recorded a gross margin of 3.37%.
SolarWorld's finalized Q2 financials confirm encouraging growth
The German PV manufacturer recorded significant growth in the company’s sales and revenues compared to the same period last year, while also getting its EBIT back into profit, although it had to revise down its preliminary results.
Foxconn finalizes Sharp acquisition
The Taiwanese contract electronics manufacturer — also known as Hon Hai Precision Industry has wrapped up its 388.8 billion yen ($3.8 billion?) purchase of a 66% stake in the troubled Japanese group.
centrotherm posts H1 revenue of EUR 61.9 million, reveals strong order book
The German PV and polysilicon equipment supplier increases sales in its PV and semiconductor sector to EUR 42 million over the first half of the year, reveals new orders of EUR 85.4 million.
