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Shunfeng shareholders help impressive annual figures

The acquisition of Wuxi Suntech’s manufacturing facilities transformed Shunfeng into a tier 1 player overnight but the ambitious company was staring down the barrel three months ago.

The pv magazine weekly news digest

The world’s drivers are plugging in, Norway and Germany are plugging in, Hanergy is certainly not propping up and Australia is bolting together.

Solar leases can deter homebuyers, claim

LA Times report highlights problems leased solar rooftops can cause when selling a home. Buyers may fear they will fail credit checks to take over the lease.

It's unanimous: Georgia Senate votes to end ban on 3rd-party PV financing

Georgia’s Senate votes 51-0 to open up third-party financing for on-site PV at homes and business, sending bill to governor.

California hits 5% solar, offsets hydro losses due to drought

The Golden State is the first U.S. state to tap the sun for 5% of its power, finds government report, as solar hits 1% of nationwide generating capacity.

SMA posts considerable losses for 2014

German inverter manufacturer blames poor market and heavy price pressure for losses, guidance for 2015 forecast to be far brighter.

Asian market lifts Centrotherm 2014 revenue to $208m

The German PV equipment manufacturer achieved its guidance for 2014 following a strong first half of the year and solid performance in Asian solar markets.

Meyer Burger narrows loss, increases revenue, orders in 2014

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.

Sunlabob Renewable Energy receives $2.1 million investment

The Laos-based renewable energy developer has secured impact investment to aid the expansion of its off-grid electrification program.

GCL New Energy posts net loss of $14.5 million

The company attributed its loss to increased expenses resulting from its expansion in the solar sector.

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