SolarCity posts third-quarter profit, 52% revenue increase
The U.S. company has reported a strong revenue increase from operating leases as well as a rise in solar system sales and expects to achieve a total of 278 MW deployed this year.
SolarWorld closes in on deal for Bosch solar plant
The German solar giants have expressed an interest in acquiring Bosch’s solar panel plant in Arnstadt, Germany. An official announcement is expected this week.
SunEdison secures $185 million for South African project
The investment from Overseas Private Investment Corporation (OPIC) will fund the 60 MW Boshof Solar Park in the country’s Free State province.
EU Commission's guidance package on renewable energy receives EPIA backing
The European Photovoltaic Industry Association welcomed the Commission’s guidance on delivering an EU-wide internal electricity market, but called for further proposals on self-consumption of PV.
Solar installations in New Zealand increase by 370% in two years
The PV boom has created a solar sector worth NZ$40 million, with revenue growing at a rate of 100% and installed capacity reaching 8.2 MW.
Suntech files for liquidation
Suntech says it is seeking protection and time to complete negotiations and wrap up its restructuring efforts after agreeing to sell its main assets to Jiangsu Shunfeng.
US investors take a shine to solar
The U.S. solar equity markets enjoyed an upswing in October, driven by a substantial number of utility scale projects in the pipeline and advances in technology.
Canadian Solar improves third-quarter forecast
Following the completion and sales of solar parks, the Ontario-based company is now predicting increased shipments and higher margins. It will also supply 100 MW of panels to a new project in China.
Jiangsu Shunfeng to pay $540 million plus for Suntech
Solar manufacturer Jiangsu Shunfeng has announced details of its planned acquisition of Wuxi Suntech. If successful, the move would consolidate Cheng Kin Ming’s position in Chinese solar.
EU report highlights solar metals fear
The EU’s Joint Research Center says three metals used in the solar industry are at risk of shortages. China’s stranglehold of raw materials could mean problems ahead for Europe.
