Meyer Burger increases sales, files half-year loss
Swiss PV equipment supplier Meyer Burger has announced a 43% YOY increase in sales for the first half of 2014. It has not saved the company from posting a 9% increase in net loss to CHF 88 million ($94 million).
London Mayor aims swipe at UK chancellor's lack of support for green economy
As Boris Johnson throws his hat into the ring for a seat following next year’s general election, the outspoken mayor has criticized the U.K. chancellor’s stance on environmental policies.
Trina Solar to add 49.9 MW to UK solar portfolio
Trina to develop utility-scale solar park in the U.K., adding to the 23.8 MW PV capacity the company has already installed in the country.
Seven North Carolina solar farms set for Canadian Solar modules
Deal sees Canadian Solar supply 44 MW of its high efficient modules to seven solar forms in North Carolina before the end of the year.
ReneSola back in black as shipments grow 15%
Increased revenue and an improved margin helped push the Chinese group back to profitability thanks in large part to improved global operations and successful cost reductions.
GT secures key certifications for Merlin interconnection technology
The U.S. equipment maker has secured three certifications which will enable modules produced using its Merlin copper mesh interconnection technology to be used in PV systems. GT plans to commercially roll out Merlin in 2015.
Unlicensed PV sector could propel Turkey to 10 GW by 2023
Senior energy experts in the country expect a bright future for Turkey’s solar industry, driven largely by the unlicensed PV segment.
Higher costs drive Q2 loss for NRG Energy
The U.S. wholesale power generation company reported a $97 million loss in the second quarter despite enjoying increased revenue.
Suntech buys up 30% of US storage company Powin Energy, wins best-in-class panel rating
The Chinese solar producer has paid $25 million for a 30% share of Powin Energy, and could acquire a further 30% over the next two years.
Saudi PV LCOE between $70 and $90/MWh
Utility scale solar PV can achieve a LCOE of between USD$70 and $90/MWh in Saudi Arabia at present, according to French PV developer Solairedirect. This price is four times lower than it was in 2009, meaning PV electricity in the Kingdom could become the cheapest in the world.
