Etrion posts H1 net loss of $14.4 million
Etrion has recorded a consolidated net loss of $14.4 million in the first half of 2017, primarily due to depreciation and financing expenses.
Colombia issues $66.7 million green bond
The funds will be used by the public bank Bancoldex to support unspeficied projects that help mitigate climate change impacts.
Engie in talks to develop solar roofing partnership in India – reports
French clean energy developer Engie is reportedly discussing a partnership with Indian roofing manufacturer Everest Industries to develop “solar-ready” rooftop solutions for the under-served distributed generation market.
Phoenix Solar reports 20% revenue drop for first half of 2017
In the first half of this year, the company also saw its operating loss widen. Phoenix Solar, however, has released an optimistic guidance for full fiscal 2017.
Amtech sees turnover and profits climb in Q2 of fiscal 2017
The U.S. supplier of automation systems for the PV industry said its performance in the quarter was its best results since its solar business unit peaked in the third and fourth fiscal quarters of 2011.
Manz’s Ebit swings to profit thanks to sale of CIGS technology company
Turnover for the first half of this year was slightly down from the previous year. Large order intakes from China, however, will lead to a substantial improvement of the company’s result for full fiscal year.
Saudi Arabia issues net metering scheme for small-scale solar
The Middle Eastern country has so far mainly supported large-scale projects. The new rules, which will apply to projects not exceeding 1 MW, will come into force in mid-2018.
South Australia to get first solar-methane plant
Seeking to hedge against instability in electricity supply and utility price hikes, South Australia is relentlessly increasing its renewable electricity generation capacity, tapping into its abundant sustainable energy potential. This time, the state is set to host a combined solar and methane power plant, believed to be an Australian first.
Profits rise again for Hanwha Q Cells in second quarter
With revenue and gross profit up on Q1, the South Korean vertically integrated solar company continues strengthening its financial position, reducing its debt-to-equity ratio by 80%.
EDF to acquire 80% stake in Brazilian solar farm
Canadian solar has announced the sale of an 80% in a 92.5 MW project located in Brazil. The stake is to be acquired by EDF Energies Nouvelles, representing the third deal in a row between the two energy giants.
