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Finance

PV projects buoy Shikun & Binui's Q2 results

Construction of photovoltaic projects boosted the Israeli group’s revenue in the second quarter. The renewable energy division was one of Shikun & Binui’s strongest growing corporate segments.

REC sees boost in Japan but US business in danger due to trade dispute

While Japan is becoming increasingly important for REC’s solar panel division, the ongoing trade dispute between the U.S. and China is endangering the group’s polysilicon business in Washington.

Positive signals from Trina, Yingli and Jinko Solar

Analysts from IHS see the second quarter of 2013 as a turning point. Leading Chinese PV manufacturers have posted very positive quarterly figures and markedly improved prospects. The recovery is not expected to be short lived.

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.

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