The bankruptcy of U.S. company GT Advanced Technologies left a serious dent in Meyer Burger’s bottom line after the Swiss group was left sitting on a number of machine and diamond wire materials orders that it ultimately wrote off.
The Laos-based renewable energy developer has secured impact investment to aid the expansion of its off-grid electrification program.
The company attributed its loss to increased expenses resulting from its expansion in the solar sector.
Renewable energy generated 19.2% of the U.K.’s electricity in 2014, government figures show, surpassing nuclear generation for the first time ever.
In a new report, the Egypt Solar Industry Association looks at the current state of the country’s ambitious solar development plans, including an overview of government policy, the country’s feed-in tariff program and perspectives from a number of stakeholders.
Global growth took the solar market to 40 GW overall, but Europe supplied just 7 GW of that final figure, with the U.K. the only bright spot.
Innotech CEO: “We are convinced that leading cell companies will have huge interest in our optimization process.”
The Israeli power optimizer specialist has today gone public on the NASDAQ, announces pricing of its initial public offering.
While the country also licensed 228 MW of solar PV in January, industry watchers warn that high tender fees could thwart Turkey’s already lethargic solar PV deployment.
DECC report shows reveals more than 11.4 billion pounds has been invested in the solar PV industry of the U.K. over the past five years. Sector currently employs more than 34,000 people.
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