Centrosolar revenue plummets; revises FY forecast
Centrosolar AG has seen its Q3 revenues tumbling by more than half, when compared to Q2. Envisioning no pick up in the last quarter of the year, it has revised its full year revenue forecast downwards.
LDK Solar completes Century rooftop PV project in Italy
LDK Solar has announced the design and construction of 7.8 MW of its 12 MW Century photovoltaic project in Italy by its subsidiary Solar Green Technology.
NRG Energys merger with GenOn approved by stockholders
The majority of stockholders from both NRG Energy, Inc. and GenOn Energy, Inc. have approved the merger of the two companies. The final transaction is scheduled for closure in Q1 2013.
Europe confirms CVD investigation into Chinese PV imports
Just hours after the U.S. made its final tariff determination into Chinese imports of photovoltaic products to the U.S., the European Commission (EC) has now announced that it has launched an anti-subsidy investigation into Chinese photovoltaic products coming into the EU.
South Africa: Standard Bank to underwrite $1 billion debt financing for PV projects
Standard Bank Group will underwrite $1 billion worth of debt for the first batch of photovoltaic and wind projects, which signed contracts with South Africas Department of Energy under the countrys Renewable Energy Independent Power Producer Programme (REIPPP) on November 5.
S.A.G. Solarstrom posts small Q3 profit
German photovoltaic project developer S.A.G. Solarstrom has posted EBIT earnings of 2.2 million for Q3 2012. Sales for the company in the quarter totaled 55.4 million, which was more than the previous two quarters combined.
Conergy to develop 21 MW in Thailand
More evidence of Conergys strong presence in South East Asia has emerged today, with the company announcing that it has been selected to develop two photovoltaic power plants worth 21 MW in Thailand.
Phoenix Solar suffers significant Q3 losses
Phoenix Solar AG has suffered significant losses in Q3 2012, thus leading the German company the revise its full year revenue forecasts downwards.
California: Proposition 39 to boost renewables
In the wake of the hype surrounding Tuesdays presidential election, an important boost to renewable-energy development in California has received little attention. Proposition 39 was passed by a 60% majority at the states poll, which is hoped to deliver US$500/a for renewable energy development in the state.
SMA posts 116 million EBIT for 2012
In the first nine months of 2012, inverter manufacturer SMA Solar Technology has managed to increase sales volumes and has posted a EBIT result of 116 million. The results were announced today by the company, which reports that the EBIT result translates to a 81 million consolidated net profit for the period.
