First Solar back in black with $353 million profit
The Arizona solar company improved its annual earnings, although delayed projects and a write-off on its idle Vietnam fab dampened full-year and fourth-quarter results.
SunEdison fourth-quarter net loss deepens
Lower sales in the company’s solar division and falling semiconductor material prices, coupled with high charges related to a facility closure, contributed to its profit plunge.
SolarWorld offers rosy medium-term view … maybe
The German company expects improved sales and shipments in the next two years, with a possible pre-tax profit in 2015, but the forecast remains conditional and subject to change.
Global consortium collaborates on 8.5 MW Rwanda solar plant
The consortium is being led by Norway’s Scatec Solar and Dutch developer Gigawatt Global Cooperatief, with additional funding from U.K., U.S., Finnish and Austrian governments.
Solar securities may offer major investment potential
A new study has found that securities from solar PPAs can make a healthy profit while making billions of dollars availalbe to finance solar project.
Advanced Energy buys AEG control module business
The U.S.-based power conversion firm will contract AEG Power Solutions GmbH to manufacture modules at its factory in Germany.
Martifier Solar USA files for Chapter 11 bankruptcy
The U.S. subsidiary of Portugal’s Martifer Solar has sought creditor protection on the basis that it has sufficient assets to meet third-party obligations.
NextEnergy targets 180 million PV investment on London Stock Exchange
The solar farm management group hopes to raise £150 million (180 million) to invest in UK solar projects by floating NextEnergy Solar Fund Ltd on the London Stock Exchange.
Capital Stage, Belectric welcome German energy minister's proposals
For Germany’s big renewable energy players, clarity is of the utmost importance. For Belectric, the introduction of a tender system for ground-mounted PV plants cant come soon enough.
German government plans rile solar industry
A draft plan to revamp Germany’s renewable energy subsidy program calls for self-consumption fees, FIT cuts, the introduction of a PV tender system and limits on new capacity expansion.
