The California solar provider achieved record bookings of 136 MW and increased its 2014 guidance to 500-550 MW deployed. The company is on track to meet its one million customer target by 2018.
The German company raised its group-wide shipments by 41% to 154 MW compared to 109 MW a year ago.
The Arizona-based thin film module maker reported 404 MW in new bookings in the first three months of 2014, including the 53 MW Shams Ma’an project in Jordan. It will next build 42.76 MW in California.
The new company took over all the invested capital and intangible assets, including patents, trademarks and brands, of the insolvent Gehrlicher Solar AG.
A one-off windfall from a restructured solar sector deal resulted in stratospheric profits for the polysilicon giant.
The CIGS production line supplier tripled its revenue last year, returning to the black after a difficult 2012.
News comes just one week after an offer to purchase the inverter business was lodged, and mere days after a German court opened insolvency proceedings.
According to IG Metall (Industrial Union of Metalworkers), the majority of the remaining 150 Solon employees will lose their jobs.
SunEdison has closed financing, underwritten by Deutsche Bank Securities, for the construction of the project, located in Kern County.
LDK Solar’s Constance-based company has tried but failed to remain afloat for the second time in seven months.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.