According to news sources, Meyer Burger is not looking to completely take over Roth & Rau. CEO, Peter Pauli states that just 50 percent of its shares would be satisfactory.
MEMC Electronic Materials, Inc. has reported an impressive boost in its year-on-year sales, primarily due to its solar materials division and subsidiary, SunEdison. Its sequential results, however, did decrease, partly due to SunEdison.
Meyer Burger Technology Ltd has received approval from the German Federal Financial Supervisory Authority (FFSA) to publish the offer document regarding its voluntary public tender offer for all non-par-value bearer shares of Roth & Rau AG.
Gerhard Rauter has resigned from his position of chief operating officer and member of the executive board, effective immediately. No reason has been given for his sudden departure.
Continuing on its globalization path, Conergy has announced it will this month be launching its solar modules in Canada after its Canadian subsidiary signed a two-year framework agreement.
SunRun and U.S. Bancorp have formed a partnership to purchase $200 million worth of solar residential systems in the U.S.
Trina Solar Limited has opened a sales and business development office in Sydney, Australia.
According to a report in Reuters, Italys Government has finally approved its draft solar regulation at a cabinet meeting held today.
The Australian Federal Government will start the process of reigning in its generous subsidies for home solar electric panels in light of strong growth in the industry and rising electricity prices.
First Solar executives didnt have much good news to discuss on Tuesday when the company announced flat first-quarter sales and lowered earnings. Cuts in government subsidies in key European countries have squeezed solar panel prices and caused no small amount of anxiety among manufacturers and project developers.
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