Phoenix Solar posts 34% revenue increase, narrows net loss
The German solar company expects a return to profitability this year following a strong performance in the first half of 2016.
Capital Stage to take over Chorus Clean Energy
Chorus is advising its shareholders to accept the takeover offer from Capital Stage, which Capital Stage, which currently operates 600 MW of solar and wind assets in Europe.
Tesla: Gigafactory is "on schedule" to support 2017 Model 3 roll-out
Elon Musk gave scarce information on developments at the world’s largest battery factory in Tesla’s Q2 results.
Amtech reports dip in quarterly solar equipment orders and revenues
The equipment makers most recent quarter ending June 30 represents a slow-down from the previous quarter, but nine-month figures still show growth from a year ago.
A lot of skepticism: Mercom's Raj Prabhu on the pending Tesla/SolarCity merger
On Sunday, the boards of Tesla Motors and SolarCity agreed to the terms of Teslas acquisition of the solar company. And while this deal still is still awaiting votes by shareholders of both companies to go forward, there are indications that this may come soon. pv magazine USA spoke with Mercom Capital CEO Raj Prabhu about the evolution of this deal, and what to expect.
Enphase reports third quarter of losses in Q2 2016
The microinverter maker has pursued price reduction to gain market share, but has not turned a profit since Q3 2015.
Tesla moves closer to SolarCity acquisition
A merger agreement has been approved by Teslas board, but is still awaiting a vote by shareholders of both parties.
Sungrow raises $400 million to beef up core solar business
The company aims to increase investment in R&D and deepen its focus on innovation in its PV inverter and energy storage lineups.
18 bids for the daytime block in Chile's electricity auction
In total 84 bids were presented for the largest electricity auction to be held in Chile to date. In the block for daytime electricity supply 1,000 gigawatt-hours will be offered. Blocks for various hours and continual supply are both offered.
New York regulators issue 50% by 2030 renewable energy mandate
The Clean Energy Standard does not appear substantively different than earlier policy drafts, and includes a bailout for aging nuclear power plants.
