Phoenix Solar's half-year revenue drops, operating loss narrows
The German solar group attributes its dramatic revenue drop on external factors, including delayed orders in the United States.
JinkoSolar second-quarter net profit soars, sales up 38%
In its fifth consecutive quarter of profitability, the company expanded its downstream operations and managed to maintain a leading position in China while expanding operations in emerging markets and the U.S.
Centrotherm posts strong first-half revenue, forecasts difficult second half
Revenue hits $104 million in the first half of 2014, largely driven by centrotherm’s polysilicon factory in Qatar. Board anticipates tough market environment for second half.
Brazil awaits decision of Amazon campaigner
Marina Silva, the running mate of Brazilian socialist presidential candidate Eduardo Campos, killed in a plane crash on Wednesday, has yet to announce whether she will replace the former governor of Pernambuco in the race. The former Green party presidential candidate has until August 23 to decide.
Europe finances 100 MW CSP project in South Africa
The EIB has provided a $100 million loan to public utility Eskom. The CSP plant is located near Upington, in the Northern Cape.
SolarWorld enjoys 53% increase in first-half shipments, revenue below expectations
The German solar company shipped 357 MW of solar wafers, modules, cells and kits in the first six months of 2014, but revenue of $305 million fell short of target.
pv magazine's weekly news round-up: Aug 8-15
A quick look back at the biggest solar news stories that have grabbed our attention over these past seven days.
Vikram Solar boss says Modi will not impose AD duties
The CEO of the Indian module manufacturer, and cell importer, told pv magazine Narendra Modi will find an alternative to duties. Gyanesh Chaudhary predicts long-awaited capital subsidies will be paid and called for preferential financing for the solar sector.
Italy FiT cuts legally questionable, says McDermott Will & Emery
Owners of PV plants bigger than 900 kW face minimum losses of about 8% as a result of new legislation passed by the Italian government last week.
Zhenfa to buy 51% stake in STR Holdings
The acquisition will give the U.S. encapsulant manufacturer a major beachhead in China’s growing PV market. For STR shareholdders, the deal could mean a $22.6 million dividend windfall.
