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SMA raises revenue outlook for 2017

Despite raised forecasts, last year’s revenue and EBIDTA were lower than those registred in 2016. Shipments grew year-on-year, from 8.2 GW to 8.5 GW.

German, Austrian firms collaborate on 98 MW Chile solar farm

The Huatacondo solar park in northern Chile, commissioned by AustrianSolar Chile SpA, has been acquired by Sojitz Corporation in a deal overseen by Germany’s Oppenhoff & Partner on contractual matters.

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Scatec Solar sees turnover and profits grow in first quarter 2017

The Norwegian PV project developer and independent power producer had 322 MW of operational PV plants at the end of the latest quarter, while its project pipeline had reached 745 MW.

Eon reports record €16 billion loss for 2016

The German energy company said its new strategy is fully reflected in its balance sheet. This was accompanied by the largest loss ever registered by the group. Eon is now planning workforce reductions, as well as further measures to reduce its net liabilities to €20 billion in the mid-term.

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