ReneSola Q1 financials reveal $18.5 million net loss
Chinese solar company continues transition toward downstream activity as Q1 net revenue shrinks by 15.9% year-over-year.
Update: Solar flight forced into unscheduled stopover in Japan
The Solar Impulse 2 aircraft, which set off from Nanjing over the weekend to embark on the longest leg of the round the world attempt, may be forced to turn back if conditions worsens.
Hanwha Q Cells to build 1.5 GW solar cell plant in South Korea
The Korean solar cell manufacturer has announced plans to construct the nation’s first large-scale cell fab at a cost of $315.54 million. Facility will be located in Jincheon.
Schmid strikes 400 MW equipment deal with JA Solar
The German PV equipment supplier confirms the sale of several of its texturing and edge isolation tools, as well as automation equipment, to Chinese solar company.
Etrion connects first phase of Japan's 9.3 MW Mito Solar project
The 2.7 MW Mito site is the first to be connected by Etrion, with the 9.3 MW project in Ibaraki Prefecture scheduled for final completion in August 2015.
Installation rate hits inflection point in New Zealand
Solar installation rates in New Zealand have grown by more than 220% in 2015, over the previous 18 months. New figures from the Electricity Networks Association show that while there were 1,630 PV arrays in New Zealand as of October 2013, that number has now climbed to 5,367.
REC Solar sees European market shrink 35.6% in Q1
The U.S. now represents REC Solar’s primary market, accounting for 39% of all modules sold in first three months of the year. Module sales globally shrink by 16% quarter-over-quarter.
SPI to acquire Germany's Energiebau
The China-based solar developer will acquire certain assets of the German wholesaler, which filed for insolvency at the end of last year before being purchased by Innotech.
GT evaluating damage after fire at Sapphire facility
U.S. production equipment supplier GT Advanced Technologies reports that it is currently assessing whether production equipment housed in an Arizona factory at which a fire broke out last week has been damaged. The fire was on the factory roof and “in the area of a solar array,” said GT.
IBC Solar completes 11 MW solar project in India
The large-scale array is the German solar company’s fifth such development in the country. Installation located in Indian state of Rajasthan.
