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.
NRG to acquire mobile solar startup Goal Zero
The U.S. energy group is taking a bold step into the mobile solar business with the purchase of the Utah-based maker of personal solar products.
Amtech receives order for IonSolar implant system, announces Q3 FY results
The U.S.-based solar equipment manufacturer will ship its IonSolar Implant system to an unnamed Chinese solar company within six months.
AEG Power Solutions narrows second-quarter loss
The sale of skytron and its Indian subsidiary is expected to improve the Netherlands-based power electronics systems provider’s operations as it focuses on its core businesses.
Abengoa boosts net profit as operations expand in North America
The Spanish group continued its global diversification in the first half of 2014, achieving 39% of its revenue from North America and 25% from South America.
Canadian Solar reports very strong Q2 results on record shipments
The Canadian-Chinese module maker and developer grew its revenues and margins during the second quarter, with record PV module shipments of 646 MW. Canadian Solar also has a strong project pipeline going forward.
ReneSola back in black as shipments grow 15%
Increased revenue and an improved margin helped push the Chinese group back to profitability thanks in large part to improved global operations and successful cost reductions.
