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Wacker Chemie raises 2017 expectations to €1 billion EBITDA

German chemical supplier has raised its financial outlook for the year for the second time in three months, on the back of a strong third quarter. The company is now forecasting a full year EBITDA (earnings before interest, tax, depreciation and amortization) of €1 billion.

Foresight Solar Fund to issue new share placement

UK based PV project investor the Foresight Solar Fund has announced plans more than GBP 75 million ($99 million) in investments through the placement of new shares.

Meyer Burger scores 200 MW bifacial HJT supply deal in Italy

Meyer Burger has signed a deal to supply 200 MW of bifacial heterojunction (HJT) solar production equipment to an undisclosed Italian PV manufacturer, in a deal valued at roughly CHF 45 million ($45.4 million).

European Parliament proposes nationally binding renewables targets

The European Union should aim for 35% of renewables in its energy consumption by 2030, with nationally binding targets introduced to support EU goal, European Parliament says.

sonnen to invest €80m to install home storage systems to 20,000 homes in Italy

A total of 20,000 sonnen home batteries are to be delivered in Italy by German company sonnen over the next 24 months after an €80 million ($94 million) deal with a newly formed alliance of regional installers.

Dutch researchers unveil li-ion battery capable of 50% more energy

ECN spin-off LeydenJar has developed a lithium-ion pouch cell prototype that increases the storage capacity of rechargeable batteries by 50%. With these advances devices such as electric cars, smartphones, laptops and other battery-based products can enjoy longer durability, they claim.

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Solar may reach 6 GW in the Netherlands by 2020, report says

The Dutch research institute ECN also believes that 20 GW of installed PV capacity could already be reached by 2035.

Etrion buys $7.4 million of corporate bonds

Etrion has revealed that it has purchased €6.3 million ($7.4 million) of its outstanding corporate bonds.

Albania: ten more PV projects up to 2 MW apply for regulated tariff of €100/MWh

In addition to ten project proposals for solar parks not exceeding 2 MW, the Albanian Ministry of Energy and Industry has also accepted an application for a 5 MW PV facility.

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Bürkle presents faster lamination for crystalline modules at EU PVSEC

Bürkle has optimized its current process time for glass-backsheet and glass-glass modules by more than 20%, which will reduce the manufacturing cost per module by up to 10%, depending on the module configuration.

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