ReneSola Q1 financials reveal $18.5 million net loss
Chinese solar company continues transition toward downstream activity as Q1 net revenue shrinks by 15.9% year-over-year.
Update: Solar flight forced into unscheduled stopover in Japan
The Solar Impulse 2 aircraft, which set off from Nanjing over the weekend to embark on the longest leg of the round the world attempt, may be forced to turn back if conditions worsens.
Hanwha Q Cells to build 1.5 GW solar cell plant in South Korea
The Korean solar cell manufacturer has announced plans to construct the nation’s first large-scale cell fab at a cost of $315.54 million. Facility will be located in Jincheon.
The pv magazine weekly news digest
Second tier solar markets took center stage this week, with India, Australia, Malaysia and Brazil each turning heads with their PV development plans and announcements, as leading markets wobbled.
JinkoSolar Q1 revenue increases 36.5% Y-O-Y
The Chinese vertically integrated solar developer enjoys huge rise in downstream revenue, shipments up 35.8% year-over-year although gross margin contracts slightly.
Australia: solar subsidy report draws industry's ire
Report by Australian think-tank the Grattan Institute attacking the country’s “expensive” solar subsidies dismissed as blinkered by pro-solar advocates.
PV plans abound, but Jordan can’t rest on its laurels
News of solar PV plans in Jordan is coming in fast and thick on the back of announcements last week that projects totaling 200 MW had been tendered at record low prices. The country appears to be gearing up for its day in the sun, but it can’t afford to rest on its laurels, with the fossil fuel industries still lobbying heavily.
The pv magazine weekly news digest
Crippling debts and absentee chairmen hogged the headlines coming out of China this week but amid the madness, there was good news out of the US and the Middle East.
Conergy and Sungrow announce inverter partnership
Under a new partnership, Germany-based Conergy will purchase inverters from Sungrow for its global commercial and utility-scale solar pipeline. The first joint project will see a 5 MW PV system installed in the U.K.
Yingli issues statement refuting liquidation reports
Chinese solar giant states that it is “optimistic” and “confident” about its ability to continue servicing the global market, following recent reports to the contrary. Company announces keenly awaited conference call.
