A revision request has now been received by the appropriate court in Michigan. SolarWorld has meanwhile filled further protective letters against Hemlock to various courts in Germany, as a precaution to prevent possible enforcement of any penalty in Germany. SolarWorld CEO Frank Asbeck is confident that the U.S. silicon manufacturer will not receive recognition of any judgements in German courts.
The Chinese moncrystalline silicon firm enjoys huge increase in profit and revenue for the first half of the year, reveals plans for large Malaysian manufacturing facility producing silicon ingots, wafers, cells and modules.
The late placement of a EUR 110 million tooling order muddies the water for the German production equipment supplier’s second half forecast. Sales down year-over-year, but order intake looks healthy.
Massive movement in LatAm as Chile lowers the PV price bar and Argentina sets its solar sights high. Elsewhere, SolarCity continues to grab the headlines.
A booming Chinese solar market led to a substantial rise in shipments and revenue for domestic solar manufacturer JA Solar in the second quarter of 2016, although the company expects a slight slowdown in the second half of the year as Chinese demand should drop.
In SEC filing, U.S. solar lease provider reveals it expects to incur restructuring charges of $3-$5 million in light of unspecified number of job losses. CEO and CTO to accept reduced salary as reduced guidance bites.
The Chinese solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter on back of increased sales to the Americas. Downstream pipeline tops 20 GW.
The survey, on behalf of the SolarWorld-backed organization, found that a majority of more than 500 EU installers backed the extension of trade measures against Chinese PV manufacturers, if the Chinese companies are found to be violating international trade law, a month after 34 European solar organizations signed a letter calling for the end of the trade barriers.
Sky Solar Holdings has signed a Letter of Intent (LOI) with Solar Partnership Capital for the potential sale of 152 MW of solar projects at different stages of development in Japan, with an intention to invest further in solar projects within the country.
First-half revenues reached NTD10.408 billion (USD334 million ), contributing to an operating loss of NTD834 million. It recorded a gross margin of 3.37%.
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