First Solar increases presence in Turkey with 160 MW of orders this year
The U.S. company has won two large contracts to supply 160 MW of its high performance solar modules to PV projects in Turkey, which places it in a strong position to take advantage of a market that is expected to grow dramatically over the coming years.
SolarEdge growth slows in Q4 FY 2016, but year-on-year results strong
The Israeli power optimizer specialist compensated for a slowdown in the U.S. residential market by increasing its international sales, ending the fiscal year with a 50.7% revenue increase.
SunPower to shed 1,200 jobs as it cuts revenue forecast and expects 2016 loss
Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.
Mitsubishi to invest in US solar firm Nexamp
The Japanese corporation reaches agreement to indirectly take a near majority ownership in the firm, which specializes in community and commercial solar installations.
Yingli's preliminary Q2 results showing positive signs
China’s Yingli Green Energy likely surpassed its guidance for PV module shipments in the second quarter, but expects to post a slightly lower gross margin than in the preceding three-month period.
BayWa's midway financials boosted by company's renewable energy business
The Germany company saw a significant rise in EBIT over the same period from last year, which it puts down to its renewable energies business and its fruit business, while also citing causes for optimism over the second half of the year.
Significant rise in polysilicon selling price sees Daqo post strong Q2 financials
The rise in demand in China for high-purity polysilicon was good news for Daqo New Energy Corporation, which posted huge yearly and sequential rises in its EBITDA and net income for the second quarter of 2016, mainly as a result of rising selling costs coupled with falling production costs.
13.4 GW of solar submitted Brazil's December auction
The only tender in Brazil this year for solar energy will take place on 16 December. 419 PV projects have registered for this large auction.
Gunkul Engineering taps Toshiba to provide EPC services for 33.5MW array in Japan
According to the terms of the 9 billion yen ($88.2m) deal, Toshiba will design and build the project in Kimitsu, Chiba prefecture.
Russia's Solar Energy given the all clear to develop 90 MW of solar plants
The Russian solar group has been granted to right to build six solar power plants, each with a 15 MW capacity, in Russia’s southern Astrakhan Region, according to a statement from the regional government.
