REC Solar achieves $16.2 million second-quarter profit
While Europe remains the company’s No. 1 market, it sees great potential in the U.S., where it recently signed a major supply deal with leading solar provider SolarCity.
SolarWorld merges German operations
The German group is bundling its operations in the state of Saxony to create a centralized production chain in Freiberg, which is celebrating 20 years of solar production next month.
Shunfeng lands $323 million credit line
Boosted by the acquistion of Suntech, the Chinese group is looking to expand operations in the U.S. and Asia and has slated $74 million for investment in 100 MW of projects in Japan.
SolarWorld restructuring triggers 50 MW supply deal
Satisfactory resolution of the company’s annual general meeting 2014 culminates in the announcement of a 50 MW solar module delivery order.
Yaskawa expands into US inverter market with Solectria acquisition
Deal sees the Japanese technical giant acquire the fifth-largest inverter supplier in the U.S., becoming the only company to feature in the top 10 of the world’s two biggest inverter markets.
Study ranks Germany as world's most energy efficient economy
Hot on the heels of its World Cup success, Germany claims another accolade as it is crowned most energy efficient major economy. U.S. lags behind in 13th place.
REC Silicon hits $24 million Q2 profit as polysilicon demand increases
The polysilicon producer reported strong revenues of $126.8 million in the second quarter of 2014, boosting profit after a loss-making Q1.
Trading begins for SunEdison yieldco
Gross proceeds of at least US$500 million are expected from TerraForm Power’s IPO. The company has an initial portfolio of 808 MW of solar PV projects in three continents.
Bank of Philippines funds ThomasLloyd solar joint venture
The financing agreement is seen as key to helping San Carlos Solar Energy deliver a larger portfolio of projects to meet the Philippines’ growing needs for daytime power and to reduce its reliance on fossil fuels.
Solar-powered benches rolled out in Boston, US
Created by startup Changing Environments, the Soofa is a solar-powered park bench that allows users to charge their mobile devices while resting.
