Canadian Solar sees Q1 net revenue drop, signs $250m loan agreement
Canadian Solar has seen net revenue slightly decline in the first quarter of 2015 from Q4 2014. Its market outlook is positive, however, with predictions tier 1 PV module demand will outstrip supply during 2015. In other news, the company has signed a $250m loan agreement with a Chinese bank.
Vikram Solar commissions 40 MW solar plant in India
Project in the state of Madhya Pradesh commissioned for IL&FS Energy Development Company Limited. Vikram also secures 10-year O&M contract for the plant.
SunEdison records big Q1 net loss, announces new energy portfolio acquisition
SunEdison has recorded a Q1 2015 net loss of US$424 million, significantly down on the loss of $288 million seen in Q4 2014. Net sales have also fallen, both Q/Q and Y/Y. The company has further announced the acquisition of five new RE portfolios and two corporate platforms.
5 takeaways from 2015 SNEC
A genuine solar boom, the internationalization of manufacturing, yieldcos and technology to drive conversion efficiencies higher were major trends to emerge from the SNEC trade show and conference last week in Shanghai, China. Here are five of the key trends.
SolarCity narrows Q1 loss, beats installation forecast
The solar company installed 153 MW in the first quarter, and increased revenue by 6% to reach $67.5 million.
EU to review China solar minimum price agreement
Decision by European Commission to probe minimum import price on Chinese solar panels could force renewal of anti-dumping and anti-subsidy duties.
Lightsource announces introducer incentive for UK solar sites
The leading British solar developer to offer up to $60,000 per MW for introduced sites eligible for large-scale PV development.
SunEdison launches US PPA, announces new partnership & acquisition
The U.S. renewable energy developer is to rollout its residential PPA across states. Company acquires LightWing and announces partnership with Evolve Solar.
Japan solar poised for cost-revenue parity, says JREF
The country’s solar sector is set to become profitable this quarter, says Japan Renewable Energy Foundation, ahead of July’s FIT cuts.
Enphase posts Q1 Y-O-Y revenue growth of 50%
Microinverter specialist reports first quarter revenue of $86.7 million, shipping 162 MW of micro inverters, an increase of 74%.
