GCL New Energy, Singyes Solar announce far-reaching partnership
The companies will cooperate mainly on distributed generation projects next year with a combined target of at least 500 MW.
Tesla and Panasonic to construct battery 'Gigafactory'
Elon Musk’s pioneering electric vehicle company hopes that the factory will advance the mass market production of cost-effective lithium-ion batteries.
Sharp solar division suffers 97% drop in profit
A decline in sales of solar cells for residential use in Japan contributed largely to a plunge in earnings for the group’s Energy Solutions division.
Solar weighs on Kyocera figures
Japanese electronics corporation points to the end of residential subsidies in Japan and a drop-off in utility scale projects as negatives and no mention of solar is made in the upbeat forecasts for the next quarter.
Brazilian bank aims to boost domestic solar manufacturing
A BNDES solar project funding scheme will have various levels of local content requirement. From 2020 onwards, bank-funded schemes must include Brazilian cells.
Swiss developer signs 6.27 GW deal with Hareon
ILB Helios plans 3.3 GW of projects in Turkey over the next three years. The deal, with the Chinese manufacturer, has a pipeline of projects including Jordan, Kazakhstan, Macedonia, Iran and Iraq.
Planning barrier to UK solar could be removed
The government has proposed raising the bar for commercial rooftop systems needing planning permission, from 50 kW to 1 MW. The STA says more needs to be done for the 50 kW-to-5 MW rooftop market in the UK.
LDK Solar has amassed funds needed to exit insolvency
The Chinese manufacturer says it has enough cash to get back on its feet. LDK’s liquidators are seeking permission to halve the creditors’ settlement and extend the deadline to complete an offshore restructuring.
Capital Stage posts 60% increase in pre-tax profit in first half of 2014
The German group’s bottom line in the first six months of 2014 was boosted by recent acquisitions of solar and wind parks in Germany and France.
SMA cuts sales and profit forecast, announces layoffs
The leading inverter manufacturer is lowering its annual sales forecast by up to EUR 450 million and planning to cut 600 jobs worldwide by the end of next year amidst shrinking demand.
