SolarWorld enjoys 53% increase in first-half shipments, revenue below expectations
The German solar company shipped 357 MW of solar wafers, modules, cells and kits in the first six months of 2014, but revenue of $305 million fell short of target.
pv magazine's weekly news round-up: Aug 8-15
A quick look back at the biggest solar news stories that have grabbed our attention over these past seven days.
Vikram Solar boss says Modi will not impose AD duties
The CEO of the Indian module manufacturer, and cell importer, told pv magazine Narendra Modi will find an alternative to duties. Gyanesh Chaudhary predicts long-awaited capital subsidies will be paid and called for preferential financing for the solar sector.
Mounting Systems: Back on track with new investor
Interview: pv magazine speaks with Mounting Systems Managing Director Stefan Spork about the company’s new ownership structure and its continuing internationalization strategy.
Italy FiT cuts legally questionable, says McDermott Will & Emery
Owners of PV plants bigger than 900 kW face minimum losses of about 8% as a result of new legislation passed by the Italian government last week.
CBD Energy acquires 30% stake in Environmental Engineering
The deal provides the Australian company with a beachhead in the growing Thai market and an additional 100 MW pipeline. Environmental Engineering in turn has the right to use the Westinghouse Solar brand.
Zhenfa to buy 51% stake in STR Holdings
The acquisition will give the U.S. encapsulant manufacturer a major beachhead in China’s growing PV market. For STR shareholdders, the deal could mean a $22.6 million dividend windfall.
NRG to acquire mobile solar startup Goal Zero
The U.S. energy group is taking a bold step into the mobile solar business with the purchase of the Utah-based maker of personal solar products.
AEG Power Solutions narrows second-quarter loss
The sale of skytron and its Indian subsidiary is expected to improve the Netherlands-based power electronics systems provider’s operations as it focuses on its core businesses.
Abengoa boosts net profit as operations expand in North America
The Spanish group continued its global diversification in the first half of 2014, achieving 39% of its revenue from North America and 25% from South America.
