Hanwha SolarOne achieves record third-quarter shipments while redudcing net loss
Hanwha SolarOne on Friday reported record third-quarter shipments and an increase in revenue despite lower overall prices. While the Shanghai-based PV manufacturer remained in the red, it nevertheless managed to cut its loss by 49% year on year.
Chinese-owned Elkem to buy REC Solar
Bluestar Elkem, a division of the state-owned China National Chemical Corporation, has made an offer to buy the Norwegian PV module manufacturer for $640 million in a move that could secure a European beachhead for a major Chinese player.
Amtech lands order for PV manufacturing equipment
PV manufacturing equipment, including PECVD, will be supplied to Mission Solar Energy. News was released shortly after a mixed trading update from Amtech.
Minister delights Indian expo with 100 GW eight-year aim
Jaw-dropping figure, mentioned 24 hours before Intersolar India opened, divided opinion between those who see it as a pipe dream and Narendra Modi’s enthusiastic solar supporters.
Policy uncertainty paralyzes large-scale Down Under
While rooftop solar is powering ahead, large-scale projects are at a standstill in Australia. Less than 200 MW of large-scale renewable projects were approved this year.
UK government refuses to intervene in solar farm plans
Secretary of state Eric Pickles refused to be drawn into the planning application for a 15-16 MW farm in Cumbria but is very much an interventionist when it comes to applications in the Tory heartlands in the south east of England.
Renovate America and 400 Capital complete $129 million PACE securitization
This is the second securitization of residential PACE bonds by the two companies, for a total value of $233 million.
JinkoSolar posts third-quarter increases in sales, profit as it reviews sale of downstream biz
The company currently has 15 projects totaling 488.5 MW under construction. It is also planning to gradually increase its percentage of distributed generation project construction in 2015. For the full year, JinkoSolar expects total solar module shipments of between 2.9 GW and 3.2 GW.
Sunnova raises $250 million in funding round
The third-party solar provider notes that this is the largest funding round by a residential solar service company in the United States, and brings its total funding to half a billion dollars.
US Ex-Im Bank signs $1 billion agreement to support clean energy exports to India
Ex-Im Bank Chairman Hochberg Signs $1 Billion Memorandum of Understanding to Support U.S. Clean Energy Exports to India
Announces the MOU at the India-US Technology Summit in Noida
