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.
The U.S. conglomerate will invest in the Setouchi-based solar power project, which will cost an estimated $777 million and become Japans largest once complete.
Following a complete financial restructuring in 2013 the company managed to stem its losses, eyeing reinvigorated revenues this year.
The Chinese solar company formally agrees the acquisition of 195 MW in China from GD Solar, seals deal for 100 MW from Singyes.
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.
Driven by growing renewable energy demand in numerous regions, the market for micro-grid installations will grow rapidly between 2015 and 2020.
The German chemicals specialist has begun insolvency proceedings after failing to settle the debts of its subsidiary, SH+E.
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%.
The Swiss technology company yesterday announced that its Chinese partner Yingkou Jinchen will acquire 51% of its solar stake.
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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