Taipei benefits from China-EU standoff
Tie up between Neo Solar and DelSolar makes new company the second largest cell and module manufacturer in the world as prices and shipment levels rise thanks to the EU-China trade wrangle.
Canadian Solar to build 30 MW plant in China
Chinese solar manufacturer Canadian Solar has announced the signing of an RMB270 million (US$40 million) loan facility to build a 30 MW solar project in western China as it continues its downstream focus.
After a month of knee-jerk trading, investors and analysts await EU tariff decision
In May, the New York solar equities market took a page from the parable, “The Emperors New Clothes.” While investors reacted swiftly to favorable company reports – propelling those stocks prices higher (as in the case of JA Solar) and taking others along for the ride – analysts examining the fundamentals saw little or nothing to recommend.
LDK Silicon's lenders hold fate of the debt-saddled group
Debt-stricken polysilicon, wafer and module manufacturer LDK Solar could be set for more tough talks with lenders after admitting to the U.S. Securities and Exchange Commission (SEC) that it will breach the terms of a June 2011 share sale.
Ontario to remove domestic content requirement from FIT program
Following the failure of an appeal to the World Trade Organization (WTO) decision against the domestic content requirement of its renewable energy FIT scheme, the Ontario Energy Department has announced plans to remove the offending provision.
SolarWorld CEO proposes multi million euro lifeline for the company
Frank Asbeck, CEO and founder of SolarWorld AG, has proposed to invest a double-digit-million euro amount to help his debt-ridden company survive its difficult financial situation, according to German newspaper Handelsblatt.
Google invests $10m in South African solar project
Google director Rick Needham has revealed the search engine giant has invested ZAR103 million (US$10 million) in the Jasper Power Project.
Yingli losses more than double in first quarter
Yingli Green Energys net loss more than doubled in the first quarter of the year to CNY 611.8 million ($98.5 million, 75.6 million) as PV module shipments declined, resulting in a 15% drop in revenue to CNY 2.68 billion ($431.4 million). The group also announced a new finance chief as well as major deal in South Africa for 96 MW of PV modules for a new solar plant.
Hanwha SolarOne narrows first quarter net loss as shipments rise
Hanwha SolarOne Co. Ltd. narrowed its net loss in the first quarter as higher shipments boosted overall revenue.
SolarWorld Q1 losses surpass $50 million
Declining shipments, price pressure and a downturn in the domestic market took their toll on SolarWorlds bottom line in the first quarter of the year: the one-time industry leader saw a significant drop in revenue while losses swelled dramatically.
