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Finance

SMA, Danfoss join forces, form major converter alliance

The new European powerhouse merges leading inverter and automated drive technologies while looking to expand global operations in a bold move that signals confidence in the solar sector.

Yingli to boost UK solar sector by 54 MW

The Chinese solar power company will supply modules to seven projects in the U.K., each being developed by Grid Essence U.K. Ltd.

First Solar back in black with $353 million profit

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 lands in Japan

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.

PV Expo Tokyo hints at further growth for Japan's solar market

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

JCM Capital: raising funds for solar projects in emerging markets

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.

SolarWorld AG closes financial restructuring, gains strategic investor

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

Conergy completes first solar installation via its $100 million solar fund

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.

REC Solar posts fourth-quarter pre-tax profit of $13.7 million

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

Solar manufacturing equipment sales lag the boom

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.

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