JA Solar scores 55.6% module shipment increase in Q3
The Chinese solar producer also posted net revenues of $492.2 million, up 25% on Q2 and a huge 71.8% rise on last year’s figures.
Westinghouse parent enters administration
Australian renewables developer CBD Energy has entered voluntary administration along with its Australian solar business. The company hopes to announce a restructuring plan next month.
8minutenergy signs 100 MW PPA
US developer’s Springbok project will supply households in LA. Construction of the project is set to start in the first three months of the new year.
China Sunergy financing deal in Turkey
Chinese manufacturer will develop projects of up to 100 MW in Turkey with financing from DenizBank. The Chinese company last month started shipments of its Turkish-made modules to the US.
Capital Stage could double generation portfolio
The German developer has signed a 20-year strategic financing deal with the Gothaer Group. Purchase of solar parks could double Capital’s 313 MW portfolio.
Applied Materials results show little sign of recovery in the PV equipment market
Applied Materials has reported another slow quarter in its Energy & Environmental Services division, a sign that recovery in the PV equipment industry is still far off.
JinkoSolar US signs $20 million credit deal with Wells Fargo
The agreement strengthens the company’s financial position not only in the U.S. but globally as well, according to CFO Charlie Cao.
ACME to develop 110 MW of solar in India
The leading Indian solar company is investing nearly $150 million in new projects in the states of Telangana and Chhattisgarh.
Canadian Solar posts record third-quarter results
The company is on-track to deliver the best year in its history in terms of revenue, profitability and megawatt shipment, according to Chairman and CEO Shawn Qu.
Despite hefty losses, Vivint Solar remains on track to double installed capacity in 2014
The Utah-based company booked some 62 MW in the quarter, up 206% year-over-year, and installed about 49 MW — an increase of 196% while its cumulative installed megawatts reached approximately 178 MW at the end of September.
