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Finance

RENA begins self-administration insolvency

The German chemicals specialist has begun insolvency proceedings after failing to settle the debts of its subsidiary, SH+E.

Komax sells off part of its solar business

The Swiss technology company yesterday announced that its Chinese partner Yingkou Jinchen will acquire 51% of its solar stake.

NRG acquires Roof Diagnostics Solar

NRG Energy has bought Roof Diagnostics Solar (RDS) for an undisclosed amount.

NEC snaps up grid-scale battery business

The Japanese company has purchased A123 Energy Solutions from China’s Wanxiang Group for a reported $100 million.

Module reliability more important than cost, say solar customers

Survey by IHS reveals 99% of respondents believe reliability to be the most important module feature, beating out high quality and low price.

EU to cut minimum China module price to €0.53/W

pv magazine understands that the new minimum price set by the EU is set to fall from €0.56/W to €0.53/W by April 1.

Israel’s Parliament installs rooftop PV, applies net-metering innovation

The Parliament building has announced a tender for a 400 kW rooftop installation that will make it the greenest government HQ in the world.

100 GW annual PV deployment by 2018, says NPD Solarbuzz

The global PV industry will add 100 GW of capacity a year by 2018 say the analysts, with c-Si technology set to dominate the landscape.

Solar spending could reach $3.8bn in 2014, says IHS

The analysts expect global expenditure on solar PV to increase by 45% on last year, with Latin America leading the way on manufacturing growth.

ReneSola posts annual increases in revenue, net loss

The company achieved a performance record in the fourth quarter of 2013, however, including a net profit and a 58% increase in module shipments.

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