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Finance

Solon ends production in Berlin and opens new office

According to IG Metall (Industrial Union of Metalworkers), the majority of the remaining 150 Solon employees will lose their jobs.

No more EPC for ABB

While the Swiss company posted an 18% drop in first-quarter net income, revenue remains steady, with four divisions on track.

UK PV sector on edge over possible policy changes

The Solar Trade Association warns that a hasty push for cheap solar would come at the cost of achieving quality in the solar farm industry. The local industry is “on tenterhooks.”

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).

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