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Financial & Legal Affairs

SolarCity doubles first-quarter revenue, cuts net loss by 41%

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.

Bosch deal boosts SolarWorld's first-quarter bottom line

The German company raised its group-wide shipments by 41% to 154 MW compared to 109 MW a year ago.

First Solar posts 89% boost in first-quarter net profit, announced new projects

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.

Gehrlicher sees strong prospects following management buyout

The new company took over all the invested capital and intangible assets, including patents, trademarks and brands, of the insolvent Gehrlicher Solar AG.

Wacker sees first-quarter net profit soar

A one-off windfall from a restructured solar sector deal resulted in stratospheric profits for the polysilicon giant.

Midsummer enjoys 192% revenue turnaround in 2013

The CIGS production line supplier tripled its revenue last year, returning to the black after a difficult 2012.

Sunways AG announces sale of solar inverter business

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.

Solon ends production in Berlin and opens new office

According to IG Metall (Industrial Union of Metalworkers), the majority of the remaining 150 Solon employees will lose their jobs.

SunEdison to build 60 MW solar plant in California

SunEdison has closed financing, underwritten by Deutsche Bank Securities, for the construction of the project, located in Kern County.

German court opens Sunways insolvency proceedings

LDK Solar’s Constance-based company has tried but failed to remain afloat for the second time in seven months.

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