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Phoenix Solar narrows losses in 2013

The German solar PV company reported a consolidated loss of €10.7 million ($14.7 million) last year, down from €37.3 million in 2012.

GE throws weight behind 230 MW Japanese PV plant

The U.S. conglomerate will invest in the Setouchi-based solar power project, which will cost an estimated $777 million and become Japan’s largest once complete.

SolarWorld narrows losses, but return to profit in 2014 doubtful

Following a complete financial restructuring in 2013 the company managed to stem its losses, eyeing reinvigorated revenues this year.

United Photovoltaics Group finalizes deals for 295 MW of new PV

The Chinese solar company formally agrees the acquisition of 195 MW in China from GD Solar, seals deal for 100 MW from Singyes.

SMA suffers 36% sales drop in 2013

Despite retaining its position as the world’s leading inverter company with 5.4 GW sold, SMA suffered a sales horror-show last year in the wake of European PV contraction.

Micro-grid market to soar after 2015, says Frost & Sullivan

Driven by growing renewable energy demand in numerous regions, the market for micro-grid installations will grow rapidly between 2015 and 2020.

RENA begins self-administration insolvency

The German chemicals specialist has begun insolvency proceedings after failing to settle the debts of its subsidiary, SH+E.

Renewable energy milestones reported in UK and California

Californian utility PG&E sourced 22.5% of its power from renewable sources in 2013, while the average U.K. share hit a record 13.8%.

Komax sells off part of its solar business

The Swiss technology company yesterday announced that its Chinese partner Yingkou Jinchen will acquire 51% of its solar stake.

Hanergy Solar posts 57% profit increase in 2013

The Chinese solar company enjoyed a net profit of $266.7 million last year, boosted by an increase in delivery of turnkey lines.

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