The German equipment manufacturer reported a positive EBIT of €2.5 million for the first half of the year, a big improvement on the same period in 2016, when its EBIT was negative €9.3 million. EBIT for the second quarter stands at €1.1 million.
GCL-Poly Energy has signed a framework agreement with semiconductor manufacturer Tianjin Zhonghuan, under which the two sides will collaborate of the production of polysilicon and wafers, in addition to downstream PV project development.
If homes across the U.K. were designed to generate, store and release their own solar energy, household fuel bills could be cut by £600 a year, finds a report.
Undergoing a complete transformation, the site of the hotly contested Collinsville coal-fired power station and mine is set to become Queensland’s solar hotspot. The state-owned green lender secures financial backing for two more solar farms, bringing some important new investors.
Having closed an exclusive partnership agreement with Arevo Enerji Sanayi Ve Ticaret AS to distribute its modules for solar projects in Turkey, Spanish PV manufacturer Tamesol has managed to get a grip on the Turkish market, known for its strict limits on imports of solar modules.
Etrion has recorded a consolidated net loss of $14.4 million in the first half of 2017, primarily due to depreciation and financing expenses.
The funds will be used by the public bank Bancoldex to support unspeficied projects that help mitigate climate change impacts.
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.
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.
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.
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