Finance

The Arizona solar company improved its annual earnings, although delayed projects and a write-off on its idle Vietnam fab dampened full-year and fourth-quarter results.

Conergy has opened a new branch office in Tokyo and secured an 830 kW PV project as it seeks to expand operations in the Japanese growth market.

Expectation for double-digit growth this year is high, according to those exhibitors at the show that pv magazine spoke with.

Interview: Tom Heintzman, managing director of JCM Capital, discusses the company’s private investment funds, finding the right projects and how best to mitigate risk.

The German PV manufacturer successfully reduced its financial liabilities by 57%, converting the remaining outstanding debt into two new secured bonds.

Launched in January in conjunction with Conergy’s main shareholder Kawa, the U.S. solar investment vehicle this week closed-off its inaugural solar project in California.

Improving market conditions and cost reductions have boosted the newly independent REC Solar’s bottom line.

US semiconductor giant Applied Materials has reported more gloomy news from its solar division. With a manufacturing overcapacity worldwide, PV companies are not investing in plant, says Applied.

Plans for the Tesla Gigafactory to manufacture as many lith-ion battery packs as the rest of the world produces have caught the energy storage industry’s attention. The resulting economies of scale could affect customers far beyond EV drivers.