German court opens Sunways insolvency proceedings
LDK Solar’s Constance-based company has tried but failed to remain afloat for the second time in seven months.
Demand from Japan, Europe buoy REC's first-quarter results
The Norwegian company is expanding production capacity with two new module lines and broadening its product offering as it seeks to strengthen its position in the high-end market segment.
GE invests $24 million in 151 MW PV project in India
The project marks the U.S. group’s first PV investment in India. GE has exceeded $10 billion in renewable energy investment commitments worldwide to become one of the industry’s leading investors.
BIPV sector to reach 1.15 GW by 2019, says report
The building integrated photovoltaics market will grow by 18.7% between now and 2019, according to Transparency Market Research’s latest findings.
Yingli preps share offering aimed at funding downstream expansion
The Chinese PV group has increased its operations in the booming domstic market and intends to use up to 60% of the proceeds from the offering for downstream expansion.
Wagner files for insolvency
The 35-year-old German company has opened insolvency proceedings with the hope of successfully restructuring and securing new financing.
Aleo Solar's poor 2013 financial report signals final death knell
Poor but unsurprising financial results published today reveal a 55% contraction in annual revenue, which fell to just EUR 124.9 million ($172.6 million).
Celestica reports slight drop in revenues but boon in earnings per share
Despite a fall in revenues, the company’s earnings per share has rocketed from $0.06 to $0.20, following advances in its solar business
Google and SunPower pitch in for $250 million solar lease project
The tech giant pledges $100 million to SunPower’s solar lease program, further augmenting its involvement in residential rooftop solar across the U.S.
Sunways AG receives purchase offer for its inverter business
Insolvent and bedeviled by debt, administrators warn the Konstanz-based subsidiary of LDK Solar that the offer is not sufficient to satisfy shareholder demands.
