Azure Global Power announces IPO pricing
Leading Indian developers Azure Global Power announced the pricing of its initial public offering on the New York Stock Exchange. The shares are expected to begin trading today under the symbol AZRE, at an initial price of $18.00 per equity share.
4 GW module shipment landmark passed by Solar Frontier
Japanese module manufacturer Solar Frontier has completed over 4 GW of module shipments to its customers, which are situated in 60 countries across the world, as it continues to develop its technology and expand its capacity.
German renewables surcharge to rise 8% next year
The country’s transmission system operators are set to publish the newly calculated green power levy on Friday.
The levy currently accounts for approximately 22% of a customer’s total bill. For a three-person household with a consumption of 3,500 kilowatt hours a year, the tax will increase by 18 euros to 240 euros a year following the hike.
Jinko agrees to sell downstream business in China
A couple of interesting announcements came out of Chinese solar company JinkoSolar today, as first it revealed a 300 MW module supply deal with PV developer Senyuan Electric, then it announced that it has agreed to sell the Jinko Power downstream business in China for USD 250 million in cash.
Canada's Solar Ship to take flight in Africa
The Toronto-based company is launching a joint venture with Manaf Freighters that will use its unique airships to provide critical cargo, such as food, clothing, medical supplies and basic necessities, to remote areas.
NSP records impressive upturn in revenue
The Taiwanese PV manufacturer endured a tough start to 2016, but has enjoyed an impressive 64.71% month on month increase in revenues in September, which the company hopes will propel it further as it plots further exposure in new markets.
Global investment in clean energy tumbles 43% y/y in Q3, says BNEF
Report from Bloomberg New Energy Finance reveals investment in renewables and smart energy technologies reached just $42.4 billion in third quarter, which is a sizable drop on the same period last year.
REC grows Q2 module shipments 25% year-over-year
The Norwegian solar company shipped 326 MW of modules in the second quarter of 2016, with the EMEA region seeing an 87% increase in demand. U.S. accounted for 60% of all shipments.
Centrotherm narrows outlook as customers delay orders
German solar equipment manufacturer says it can no longer sustain its earnings forecast for the year as steep declines in the price of solar cells prompt investors to postpone investments in production equipment.
GT appoints Greg Knight CEO, reinforces focus on polysilicon
The solar and polysilicon equipment maker hasnt said what will become of its Merlin cell interconnection technology or its Hyperion ion implant technology.
