India solar capacity grows 80% in past 12 months, says report
The nation now has 8.1 GW of cumulative solar PV capacity, says Bridge to India, having added 3.6 GW in the last year. Tamil Nadu leads the way, growing by 1.2 GW in that time.
Hanwha Q Cells' Q2 profit soars to $151 million
An 88.8% year-on-year increase in revenues underpins a strong quarter for the Korean solar company, with positive figures across the board.
Xian Longi Silicon increases H1 profit as it announces new Malaysian fab
The Chinese moncrystalline silicon firm enjoys huge increase in profit and revenue for the first half of the year, reveals plans for large Malaysian manufacturing facility producing silicon ingots, wafers, cells and modules.
Singulus plays the waiting game as large orders booked too late for H1 financials
The late placement of a EUR 110 million tooling order muddies the water for the German production equipment supplier’s second half forecast. Sales down year-over-year, but order intake looks healthy.
Solar wins strong backing from UK's business chiefs, poll shows
Opinion poll among the traditionally conservative Institute of Directors finds barely 9% support for Hinkley nuclear plant, with solar power earning the backing of more than three-quarters of members.
Fronius opens new R&D center in U.S. with eye on Tesla partnership support
The Austrian inverter specialist opens sales, product management and R&D center in San Francisco to better serve U.S. markets and commitments. Partnership with Tesla expected to be strengthened.
EBRD plans $26m solar loan for Kazakhstan
The European funding bank is considering releasing the funds to ACME Cleantech Solutions Pvt Ltd, an Indian developer eyeing a 29 MW solar farm in the country.
The pv magazine weekly news digest
Massive movement in LatAm as Chile lowers the PV price bar and Argentina sets its solar sights high. Elsewhere, SolarCity continues to grab the headlines.
SolarCity cuts co-founder salaries to $1, announces job losses
In SEC filing, U.S. solar lease provider reveals it expects to incur restructuring charges of $3-$5 million in light of unspecified number of job losses. CEO and CTO to accept reduced salary as reduced guidance bites.
Canadian Solar beats shipment and revenue guidance for Q2
The Chinese solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter on back of increased sales to the Americas. Downstream pipeline tops 20 GW.
