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Finance

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.

SunEdison raises funds to build facilities in Ontario, Canada

The Canadian firm is to build 33 MW of facilities in the province as part of an ongoing relationship with Deutsche Bank.

Global clean energy investment up 10% in first quarter

Massive rise in small-scale solar in Japan and the U.S. helps push renewable energy investment towards strong first quarter.

Obama to lay down solar challenge to US companies

A forthcoming Solar Summit hosted by the White House will outline government support for solar initiatives, including a $15 million PV pathway fund.

Solar cheaper option than nuclear, new study finds

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.

NextEnergy Solar Fund to invest in eight UK projects after completing first round of fund-raising

The fund is set to begin with eight projects, with a further 200 MW planned. The news comes following a disappointing week for funds specialising in renewable energy.

BayWa r.e. commissions 18 MW solar farm in UK

The fourth solar farm from the German renewable energy developer is located in the Welsh village of Whitland.

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