GCL Poly reports flat growth & healthy profit, appoints new CEO
The worlds largest polysilicon and wafer maker is also expanding its PV plant development and ownership business, and increased revenues from electricity sales.
Meyer Burger orders surge 40%, fails to avoid 2015 loss
Swiss manufacturing technology supplier Meyer Burger has registered rapidly filling order book and modest revenue growth in 2015. Despite the robust performance, the company still incurred a CHF55.9 million (US$61.7 million) loss for FY 2015, down around 63% from the previous year (CHF-152.8 million/$-157.4 million).
Reports of SunEdison in debtor-in-possession talks, danger of bankruptcy
The long slide of SunEdisons finances may be nearing bankruptcy, with a financial intelligence firm reporting that the company is in debtor-in-possession talks.
GT Advanced Technologies emerges from bankruptcy
U.S. production equipment supplier GT Advanced Technologies (GTAT) has attracted US$80 million in new investment, bringing the company out of Chapter 11 bankruptcy. President and CEO David Keck says that it is a “new chapter for our company.”
Texas grid expects 2 GW of new solar in 2016
This will greatly increase Texas’ installed solar capacity, as the beginning of a boom anticipated in the state over the next 15 years.
7th ITRPV: PV tracks 21 percent learning curve, 200 GW cumulative landmark passed in 2015
The seventh edition of the International Roadmap for Photovoltaics (ITRPV) has confirmed that PV producers are continuing to track the historic solar learning curve of 21%. A range of wafer, cell and module production technologies will see multicrystalline PV modules being produced by 2026 with an efficiency of 310 W, in a 60-cell configuration.
US solar system prices fell 17% in 2015, finds GTM
Joint year-in-review report conducted by SEIA and GTM Research finds residential system prices fell to $3.50 per watt last year, but largest price declines recorded in utility fixed-tilt sector, where costs hit a low of $1.33/W.
Solar PV rose to 2.8% of Chile's electricity generation in February
The nations installed PV capacity reached 1.056 GW-AC, an increase of 43 MW over January.
Vivint Solar's increased Q4 bookings, installations fail to lift operating losses
Despite increasing fourth quarter MW bookings by 56% and installations by 23%, total loss from operations for the year rose to $231.1 million, with Q4 losses also spiking to $55.7 million.
Calls for UK renewable energy policy reform before the release of the budget
After conducting a pre-budget analysis, Green Alliance finds that investing in renewables instead of giving general energy subsidies would save GBP 420 million, while the Solar Trade Association calls for a level playing field in energy policy, and smart grid development.
