Elite Solar: More than US$7 million in new solar contracts
With more than a dozen projects currently under development and several more about to begin, the California solar company is expecting revenues this year to soar 140%.
IBC Solar expanding operations globally
The Bavaria-based PV systems group has repositioned itself. In addition to the German market, IBC Solar is strengthening its activities in sales and project business in Latin America and other countries.
The pv magazine weekly news digest
India dominated much of the news this week, with an eye-opening report that solar power in the country will cost less than coal by the end of the decade. Prime Minister Narendra Modi also made solar a major topic at last week’s G20 meeting in Turkey. Brazil, meanwhile, approved 1.5 GW of new solar and wind power.
Amtech records flat Q4, reports increasing quoting activity
U.S. production equipment Amtech has reported relatively flat revenues in Q4 fiscal 2015, however increased quoting activity and Y/Y sales increases point to a rebounding PV equipment market.
The pv magazine weekly news digest
India dominated much of the news this week, with an eye-opening report that solar power in the country will cost less than coal by the end of the decade. Prime Minister Narendra Modi also made solar a major topic at last week’s G20 meeting in Turkey. Brazil, meanwhile, approved 1.5 GW of new solar and wind power.
LDK Solar's Chinese subsidiaries forced into restructuring by Xinyu City
Four state-run companies successfully petitioned Chinese courts to begin bankruptcy proceedings for the LDK Solar companies, only a day after the resignation of President and CEO Xingxue Tong.
Risen to construct massive solar carport in China
Chinas Risen Energy is constructing the first phase of a vast 55 MW solar carport in Hangzhou Bay, China. The project will be the biggest solar parking structure in the world when completed.
Growing solar sales insufficient to stem cash burn at Singulus
German production equipment supplier Singulus is pursuing a debt-equity swap to tide the company over a difficult period in which its liquidity has been diminished due to weak sales to the optical disk industry. This is despite growth in its solar equipment booking and shipments.
Mexico to hold its first post-reform electricity auction
The contest will be resolved at the end of March 2016. Under the auction, clean energy certificates will be issued in addition to power and capacity contracts.
Despite rapid growth, yieldcos face money troubles
A new report by CohnReznick looks at the dramatic growth of yieldcos and the massive amount of cash they have raised, but also the difficulties that yieldcos are having due to depressed stock prices.
