Solargiga posts increase in shipment, revenue in Q1 2017
The Chinese PV manufacturer ended the first quarter of 2017 on an upbeat note.
Singyes Solar records 43% rise in net profit in 2016 full-year financials
The Chinese solar manufacturer saw revenue and profits both increase considerably last year. The company’s solar EPC business registered a 51% increase in turnover in 2016.
Yingli reduces losses despite Y-o-Y drop in revenue and shipments for 2016
The struggling Chinese module maker was able to reduce its losses in fiscal 2016. Revenue and shipments for last year, however, were down due to lower ASPs and lower utilization rate of production capacity.
Toshiba posts 9-month net loss of $4.85 billion
The Japanese group — which develops solar projects and provides PV systems solutions, in addition to EPC and O&M services — has warned of “substantial doubt” over its “ability to continue as a going concern,” largely due to the decline of its nuclear business in the U.S.
Meyer Burger keeps working on turnaround plan
The Swiss equipment provider saw its turnover increase significantly in 2016. This growth is due to increasing investments in upgrading technologies and capacity expansion in the PV industry.
