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Manz posts positive operating result in Q1 2017

The German equipment provider reports an operating profit of €20 million for the first quarter of this year.

Italy plans to introduce auction scheme for large-scale solar starting 2020

In the country’s new energy strategy, the Italian government is planning to phase-out coal power plants starting 2025, and to support utility-scale PV projects through long-term PPAs.

Big challenges: Raj Prabhu on the SolarWorld insolvency and U.S. solar manufacturing

Today, SolarWorld AG filed for insolvency in Germany, and it is unclear whether or not its U.S. subsidiary will also file. In the following interview, Mercom Capital CEO Raj Prabhu talks about what this means for the U.S. solar industry.

EU ProSun: SolarWorld insolvency “heavy blow” for European solar

EU ProSun has described the bankruptcy of SolarWorld as a “serious blow to the German and European solar industry.” The lobby group, which has long advocated for tariffs against Chinese solar modules, “deplored” the news of the German-headquartered manufacturer’s insolvency – in a statement released minutes after SolarWorld’s official announcement.

Breaking: SolarWorld insolvent

Pioneering solar PV manufacturer SolarWorld AG is insolvent. The company announced today it is “over-indebted” and would immediately file an application for insolvency.

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Ukraine’s Lviv region sees 10 MW of solar come online

The solar plant was built by local developer LigAgro under Ukraine’s FIT program at a cost of $10 million.

Kazatomprom’s solar manufacturing units to be privatized

Kazakhstan’s state-owned national atomic energy company announced its three solar manufacturing subsidiaries will be auctioned to the highest bidder in the frame of its privatization plan.

Brexit: Chatham House spells out complexities of UK’s energy relationship with EU

Unpicking the energy ties that bind the U.K. and European Union will prove a monumental task, says Chatham House, requiring immediate insight into which relationships can be salvaged and how a new level of integration can be reached.

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Italian solar fund Tages Helios raises another €55 million

The Italian fund announced the closing of its third financing round. To date, the fund has raised approximately €210 million.

Ecosummit 2017: Eneco Group to invest in Next Kraftwerke

Dutch energy company Eneco Group announced its acquisition of a 34% stake in Next Kraftwerke, a German company operating one of Europe’s largest virtual power plant networks. The investment was announced at the Ecosummit cleantech event in Berlin today.

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