Troubled Sharp sells Recurrent Energy to Canadian Solar
$265 million sale to Canadian Solar follows tough few years for the Japanese manufacturing giant.
SolarWorld posts better-than-expected 2014 revenues
The German-headquartered solar group grew its solar shipments by 55% in 2014, exceeding its earlier forecast by around 15% and driving revenues by 26%.
Indosolar signs $200m wafer supply contract with Osung LST
Indian solar company will purchase Osung’s wafers until 2018. Terms of first fiscal year contract amount to 48 million wafers.
Solar-Fabrik files for self administration insolvency
The German module manufacturer seeks restructuring process following poor sales at the end of 2014 and reduced outlook for first half of 2015.
Jordan’s solar tender bears fruit
Interest in the MENA country’s burgeoning solar PV sector attracts Japanese finance as modest plans unveiled.
Solarcentury and Magnetar Solar to bring 111 MW of UK PV online before April
Magnetar Solar agrees to purchase 71 MW Solarcentury pipeline, with the latter also building an additional 40 MW of PV projects for Magnetar Solar.
Younicos forms new business units to capitalize on growing storage market
The Berlin-based energy storage company announces creation of three new business divisions and experienced senior management team as it eyes global opportunities within the sector.
SMA seeks to cut costs by $180m
German inverter manufacturer expects earnings before tax of around $850m this year. The Niestetal-based company announced this week, 1,600 jobs will go by the end of June.
Siva Power reaches $10m milestone
Californian thin film manufacturer a step nearer being ‘the least expensive solar panel manufacturer worldwide.’ The arrival of the city of Wuxi as a backer may offer a hint as to the final location of 300 MW fab.
China unveils 15 GW solar target
Government wants to treble the amount of DG, including at least 3.15 GW of rooftop solar. The 15 GW total figure would represent a 50 per cent rise on the 10 GW installed in 2014.
