Canadian Solar announces $50 million stock offering
Vertically integrated solar manufacturer Canadian Solar company plans to raise up to US$50 million through share sale.
SolarWorld halves net loss in first half of 2013
The German manufacturing giant has succeeded in winning approval for a restructuring plan and considerably narrowed its first-half loss. CEO Frank Asbeck offers an upbeat assessment.
Trina, Yingli, SunPower top Solar Scorecard
Of the leading 40 solar companies, environmental and consumer advocacy group Silicon Valley Toxics Coalition found that Trina Solar, Yingli and SunPower bested industry rivals in areas such as worker safety and module toxicity.
REC to offer new convertible bond
As it prepares to divide its silicon and module business units, Norwegian group REC is looking to entice wary bondholders with a new offer.
Plans for 'world's largest solar farm' collapse
Threat of lawsuits fly back and forth as Maltese developer of the OneGiga project claims the land offered by the Serbian government was inappropriate and Belgrade officials say the Maltese company broke an investment agreement.
PV could power a third of western US by 2050
Computer modellers say $1/W solar could displace gas, nuclear and CCS and pay for the cost of introducing a carbon cap.
Sunways negotiates out of wafer supply deals and insolvency
The Kostanz based solar manufacturer has agreed to settle two long term wafer supply deals with a one-off payment and has rescheduled its bank debts. Sunways now expects to exit insolvency.
SolarWorld shareholders approve rescue plan
The restructuring deal will give creditors a major stake in the company while drastically reducing the stock of existing shareholders. The move may not be enough to insure SolarWorld’s long-term prospects, says one analyst.
Phoenix Solar narrows half-year loss, posts Q2 operating profit
Germany’s Phoenix Solar has achieved its first quarterly operating profit since 2010 while posting a half-year net loss. Now focusing on foreign markets, it generated more than 90% of its revenue from international business.
SMA sees half-year sales drop 45% as losses grow
SMA posted a hefty loss as sales plunged in the first six months of 2013, but the inverter manufacturer is expanding operations abroad and hopes to benefit from the trend towards energy management and hybrid systems.
