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).
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 appoints new president for Europe, Africa and Latin America
The solar company names Jose Perez as the man to lead operations in Europe, Africa and Latin America, replacing Pancho Perez.
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.
No US solar shortage this year, says IHS
Although antidumping fines on Chinese module suppliers will almost certainly create U.S. panel price hikes, the prospect of a shortage is unlikely, say the analysts.
Yingli forms $160 million downstream PV development fund
Cooperation agreement signed with Shanghai’s Sailing Capital to jointly form a CNY 1 billion Renewable Energy Fund for the pursuance of downstream solar projects in China.
Aleo Solar to be sold, dissolved and renamed
The troubled German solar company announced today the results of yesterday’s extraordinary AGM meeting, revealing it will trade as AS Abwicklung und Solar-Service AG from April 30.
EU likely to continue Chinese solar glass duties
The European Union has reportedly approved provisional duties, introduced in November last year, ranging from 17.1% to 42.1% on Chinese imports of solar glass for the next five years.
Chinese module prices in US may increase 20%
Further duties on modules assembled in China and on Taiwanese solar components would increase U.S. pricing as firms pass added costs onto customers or outsource production to higher-cost regions, according to GTM Research.
EU lowers Chinese PV import volume
In responding to lower installation forecasts in Europe, Brussels has reduced the import volume for photovoltaic manufacturers from China from 7 to 5.8 GW this year.
