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.
The 35-year-old German company has opened insolvency proceedings with the hope of successfully restructuring and securing new financing.
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).
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
The tech giant pledges $100 million to SunPower’s solar lease program, further augmenting its involvement in residential rooftop solar across the U.S.
Insolvent and bedeviled by debt, administrators warn the Konstanz-based subsidiary of LDK Solar that the offer is not sufficient to satisfy shareholder demands.
The Canadian firm is to build 33 MW of facilities in the province as part of an ongoing relationship with Deutsche Bank.
Massive rise in small-scale solar in Japan and the U.S. helps push renewable energy investment towards strong first quarter.
A forthcoming Solar Summit hosted by the White House will outline government support for solar initiatives, including a $15 million PV pathway fund.
Report commissioned by Germany’s Agora Energiewende reveals that new solar and wind plants are able to generate cheaper low-carbon power than the most modern nuclear reactors.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.