China’s LDK Solar managed to improve revenue and narrow its hefty loss in what its CEO says is an improving market environment. However, the group remains straddled by billions of debt.
Construction of photovoltaic projects boosted the Israeli group’s revenue in the second quarter. The renewable energy division was one of Shikun & Binui’s strongest growing corporate segments.
While Japan is becoming increasingly important for REC’s solar panel division, the ongoing trade dispute between the U.S. and China is endangering the group’s polysilicon business in Washington.
Analysts from IHS see the second quarter of 2013 as a turning point. Leading Chinese PV manufacturers have posted very positive quarterly figures and markedly improved prospects. The recovery is not expected to be short lived.
Vertically integrated solar manufacturer Canadian Solar company plans to raise up to US$50 million through share sale.
The German manufacturing giant has succeeded in winning approval for a restructuring plan and considerably narrowed its first-half loss. CEO Frank Asbeck offers an upbeat assessment.
Of the leading 40 solar companies, environmental and consumer advocacy group Silicon Valley Toxics Coalition found that Trina Solar, Yingli and SunPower bested industry rivals in areas such as worker safety and module toxicity.
As it prepares to divide its silicon and module business units, Norwegian group REC is looking to entice wary bondholders with a new offer.
Threat of lawsuits fly back and forth as Maltese developer of the OneGiga project claims the land offered by the Serbian government was inappropriate and Belgrade officials say the Maltese company broke an investment agreement.
Computer modellers say $1/W solar could displace gas, nuclear and CCS and pay for the cost of introducing a carbon cap.
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