SunEdison's net losses balloon $330 million
Despite lauding its cost-saving measures and reining in operating losses, the U.S. wafer maker and developer reported a huge net loss in Q1. CEO Ahmad Chatila insists the company’s project pipeline equates to a bright outlook.
NREL assembles industry group to explore solar lending
The U.S. government agency says a greater prevalence and diversity of loan products could enable higher rates of solar adoption in regions where third-party finance is currently lacking.
SolarCity doubles first-quarter revenue, cuts net loss by 41%
The California solar provider achieved record bookings of 136 MW and increased its 2014 guidance to 500-550 MW deployed. The company is on track to meet its one million customer target by 2018.
Iran reveals 5 GW plans for solar and wind
At a gathering with delegates at the Iranian Embassy in Berlin, representatives of the Middle Eastern nation revealed bold ambitions to add 5 GW of wind and solar power by 2018.
Bosch deal boosts SolarWorld's first-quarter bottom line
The German company raised its group-wide shipments by 41% to 154 MW compared to 109 MW a year ago.
First Solar posts 89% boost in first-quarter net profit, announced new projects
The Arizona-based thin film module maker reported 404 MW in new bookings in the first three months of 2014, including the 53 MW Shams Ma’an project in Jordan. It will next build 42.76 MW in California.
Gehrlicher sees strong prospects following management buyout
The new company took over all the invested capital and intangible assets, including patents, trademarks and brands, of the insolvent Gehrlicher Solar AG.
Wacker sees first-quarter net profit soar
A one-off windfall from a restructured solar sector deal resulted in stratospheric profits for the polysilicon giant.
Right wing sets sights on US solar
The New York Times says the Koch Brothers and fossil fuel interests are joining forces with state utilities to combat net metering and renewables targets, adding that a state-by-state campaign is being rolled out.
Hanwha Q Cells modules in 15 MW UK project
The German solar manufacturer supplied more than 58,000 modules to the Ellough project. The Suffolk project was developed by Lark Energy in March.
