SolarPower Europe: SolarWorld bankruptcy marks “sad day for Europe”
The European solar industry’s peak body SolarPower Europe says that yesterday’s insolvency announcement, from German-based producer SolarWorld, is regrettable and that it is of “vital importance” that all parts of the solar value chain are present in Europe.
Manz posts positive operating result in Q1 2017
The German equipment provider reports an operating profit of €20 million for the first quarter of this year.
EU ProSun: SolarWorld insolvency “heavy blow” for European solar
EU ProSun has described the bankruptcy of SolarWorld as a “serious blow to the German and European solar industry.” The lobby group, which has long advocated for tariffs against Chinese solar modules, “deplored” the news of the German-headquartered manufacturer’s insolvency – in a statement released minutes after SolarWorld’s official announcement.
Breaking: SolarWorld insolvent
Pioneering solar PV manufacturer SolarWorld AG is insolvent. The company announced today it is “over-indebted” and would immediately file an application for insolvency.
Video: China market not to disappoint in 2017
Far and away the largest PV market in the world, China’s development has broad consequences for the entire PV industry. Nowhere was this more evident than at the SNEC trade show in Shanghai last month, where the question of China’s projected installations for 2017 was hot on everyone’s lips.
Enphase sees losses increase in first quarter
The U.S. microinverter manufacturer reported a lower than expected revenue in the latest quarter, with shipments decreasing slightly year-on-year. The company, however, was able to strenghten its cash position after implementing a restructuring plan in the previous quarters.
Ukraine’s Lviv region sees 10 MW of solar come online
The solar plant was built by local developer LigAgro under Ukraine’s FIT program at a cost of $10 million.
Kazatomprom’s solar manufacturing units to be privatized
Kazakhstan’s state-owned national atomic energy company announced its three solar manufacturing subsidiaries will be auctioned to the highest bidder in the frame of its privatization plan.
Sunseap nails $15 million loan from UOB
United Overseas Bank (UOB) has offered the financing package to support a handful of PV installations that Sunseap is building in Singapore.
Madagascar wants more off-grid solar for rural areas, preps to host first grid-connected PV plants
Madagascar’s Ministry of Energy and Hydrocarbons is increasing efforts to implement its rural electrification plan for 2015-2020. Meanwhile, the government is also seeking developers for the island’s first MW-sized grid-connected PV projects.
