SolarWorld enjoys 53% increase in first-half shipments, revenue below expectations
The German solar company shipped 357 MW of solar wafers, modules, cells and kits in the first six months of 2014, but revenue of $305 million fell short of target.
Order delays slow Singulus' return to profitability
PV equipment supplier Singulus Technologies has reported weak first-half results, with “delays in order intake in the solar division,” one of the causes for depressed revenues. Singulus reported sales of $17.9 million for Q2, down from $35.4 million year-on-year.
Recom's 'hybrid OEM model' spreads to Europe
Greek module supplier Recom has announced plans to begin manufacturing modules in Italy, as of September this year. The strategy allows the company to circumvent widening anti dumping duties.
pv magazine's weekly news round-up: Aug 8-15
A quick look back at the biggest solar news stories that have grabbed our attention over these past seven days.
Chile's Bachelet administration touts progress in the solar sector
The Bachelet government has announced a large number of land concessions and modest policies to encourage distributed generation. However, much of the progress in Chile has been without government support, and the current administration has a lot of work to do to improve policies.
Vikram Solar boss says Modi will not impose AD duties
The CEO of the Indian module manufacturer, and cell importer, told pv magazine Narendra Modi will find an alternative to duties. Gyanesh Chaudhary predicts long-awaited capital subsidies will be paid and called for preferential financing for the solar sector.
Mounting Systems: Back on track with new investor
Interview: pv magazine speaks with Mounting Systems Managing Director Stefan Spork about the company’s new ownership structure and its continuing internationalization strategy.
Italy FiT cuts legally questionable, says McDermott Will & Emery
Owners of PV plants bigger than 900 kW face minimum losses of about 8% as a result of new legislation passed by the Italian government last week.
CBD Energy acquires 30% stake in Environmental Engineering
The deal provides the Australian company with a beachhead in the growing Thai market and an additional 100 MW pipeline. Environmental Engineering in turn has the right to use the Westinghouse Solar brand.
Zhenfa to buy 51% stake in STR Holdings
The acquisition will give the U.S. encapsulant manufacturer a major beachhead in China’s growing PV market. For STR shareholdders, the deal could mean a $22.6 million dividend windfall.
