Meyer Burger posts 75% annual sales increase in H1 2016
The Swiss solar tooling specialist posts 20% order increase and positive EBITDA for the first half of the year, placing the firm on track to exceed guidance and put itself firmly in the black for 2016.
Scatec Solar lands 100 MW project in Nigeria
Scatec Solar will develop, build, own and operate the solar power plant in Jigawa. The project adds to the Norwegian group’s existing 200 MW of solar power plants operating in Africa.
BYD signs deal to open PV factory in Brazil
Brazil’s solar boom has prompted the green tech giant to expand operations in the country, where it already operates an electric bus factory. The new manufacturing plant in the state of Sao Paulo will create 300 jobs.
1366 Technologies unveils 3-D wafers
The company says that its 3-D wafers lower the amount of silicon needed for each wafer without losing strength or performance.
EU Commission removes five further solar firms from MIP undertaking
Lerri Solar, DelSolar, CNPV, Motech and Xian Longi have all been withdrawn from the Minimum Import Price (MIP) undertaking measures agreed between China and the European Commission, the EU has confirmed.
UK: Solar will be cheaper than nuclear by time Hinkley plant is built, government admits
Unpublished report by U.K. government calculates cost of large-scale solar to be around GBP 50-75/MWh by 2025, less than nuclear at GBP 85-125/MWh.
centrotherm posts H1 revenue of EUR 61.9 million, reveals strong order book
The German PV and polysilicon equipment supplier increases sales in its PV and semiconductor sector to EUR 42 million over the first half of the year, reveals new orders of EUR 85.4 million.
Manz AG reports dip in revenue for H1 caused by unexpected order cancellation
The German high-tech equipment manufacturer posts negative EBITDA of EUR -4.5 million following unexpected order stop from a major customer in its storage segment. Company expects revenue to pick up again for Q3.
IRENA unveils new solar, wind maps
The International Renewable Energy Agency has added a new feature to its Global Atlas that it hopes will accelerate growth in the renewable energy sector worldwide by providing more detailed resource data in an effort to facilitate easier entry into new markets. The agency is working with Finnish measurement group Vaisala, which is making the information available.
Abengoa reaches deal with creditors
The Spanish renewable energy group may have won a new lease on life, but it still has to convince other shareholders to accept the deal, which would mean suffering a severe haircut.
