PV projects buoy Shikun & Binui's Q2 results
Construction of photovoltaic projects boosted the Israeli group’s revenue in the second quarter. The renewable energy division was one of Shikun & Binui’s strongest growing corporate segments.
Solon taps industry vets
The Arizona subsidiary of Berlin-based Solon has beefed up its management with former SunPower and PsomasFMG directors to oversee project finance and procurement and acquisitions.
'Fabless' manufacturing to prolong equipment downturn
Tier one photovoltaic manufacturers are expected to access underutilized capacity to meet demand through 2014, further depressing the solar photovoltaic equipment market, NPD Solarbuzz reports.
Komax Solar to be sold
The Komax Group will pull out of the PV equipment business and thus sell its solar arm, Komax Solar. The decision is said to be a strategic move and the group has begun searching for viable buyers.
Switzerland plans radical solar subsidy cuts
The Swiss Solar Energy Professional Association (Swissolar) calls the government’s plans for PV “catastrophic”. Feed-in tariffs, payment duration and the separate category for integrated PV systems are on the chopping block. Still there might be some positive outcomes.
Spain's T-Solar signs $67.6 million loan deal for 20 MW California solar park
The U.S.-Mexican North American Development Bank has so far financed eight utility-scale projects in California, Arizona and Texas. Its latest endeavor, a 20 MW park with T-Solar, will serve residents in California and Mexico.
US industry sees EU-China settlement in mixed light
Industry representatives in the U.S. are divided over the recent EU-China trade dispute settlement and remain unsatisfied with anti-dumping measures against Chinese imports. The PV sector nevertheless continues to grow.
Record quarterly shipment numbers for Trina Solar
Chinese module manufacturer Trina Solar reported a 64.6% increase in second-quarter module shipments compared to the first quarter while nearly halving its net loss.
M+W Americas acquires Gehrlicher Solar America
The acquisition of Gehrlicher Solar America creates a “one-stop shop” for clients seeking project design, procurement, installation and operation, says M+W Americas CEO Rick Whitney.
First Solar, Sharp defend turf against China's global PV domination
While First Solar remains the leading PV module supplier in the U.S. and India and Sharp in Japan, Chinese rivals, benefitting from the wave of insolvencies in the West, have dominated the rest of the globe over the past year.
