Sharp’s solar losses buck profitability trend in 2016
Japanese electronics giant lowers its full-year losses to just $329 million as share values rise across the board following buyout by Foxconn. Sharp’s solar segment, however, remains only unprofitable division.
Wacker’s polysilicon divison reports strong Q4
The German chemical giant finished off 2016 with increased sales and profit in its polysilicon division, as it remains the only Western polysilicon maker to sell directly into China.
TerraForm Global releases overdue Q2 2016 results
The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.
Marubeni to develop world’s largest PV plant in UAE, according to reports
Japanese conglomerate Marubeni is planning to build a mega 1.18 GW solar plant, making it the largest in the world, in the United Arab Emirates, with support from JinkoSolar and the Abu Dhabi Water & Electricity Authority, according to Japanese newspaper Nikkei.
Midsummer receives CIGS equipment order
The Swedish tool maker reports the sale of its DUO thin film system for flexible CIGS to an undisclosed Asian customer.
The pv magazine weekly digest
It’s ‘business as usual’ in the solar industry as the novelty of 2017 starts to wear off, and how better to get back into the swing of things with more, uncertain, developments in the possible extension of EU trade duties against Chinese cell and module manufacturers, leaving us with as many questions as answers.
United Photovoltaics buys 82 MW in U.K.
The Chinese group has finalized its acquisition of the entire equity interest in Luxembourg-based Notus Investments 2 S.à r.l., which owns 82.4 MW of operational solar capacity at six undisclosed sites throughout the U.K.
Conflicting votes on solar trade duties by EU trade committee
Two important votes on the anti-dumping and anti-subsidy trade measures against solar cell and module imports from China took place amongst the Anti-Dumping and Anti-Subsidy Committee of the EU Member States yesterday, during which the committee voted to approve the proposed extension of anti-subsidy measures, but voted to oppose the extension of the anti-dumping measures.
MUFG serves as top clean energy deal-maker in 2016
The Japanese financial institution increased investments in clean energy and energy-smart technologies during an overall sector downturn in investment.
Mercom: India’s April-October PV imports up 40%, exports down 22%
The value of the country’s solar imports and exports hit US$1.22 billion (R83.1 billion) from the start of the current fiscal year in April to the end of October 2016, up nearly $1 billion from the same period a year earlier, according to Mercom Capital.
