REC Silicon posts US$57.5 million revenue for first quarter 2017
Quarterly financial results from Norwegian based polysilicon producer REC Silicon show a drop in revenue from $80.4 million the previous quarter. EBITDA for the quarter was $4.6 million, also down from $4.9 million in the previous quarter.
Report: Near-total renewable energy systems cheaper than gas in 2030 (w/ chart)
A report released last week by Climate Policy Initiative stresses flexibility and shows how energy storage and limited gas generation can support a power system dominated by renewables at a lower cost than conventional generation.
Mercom Capital: $3.2 billion total corporate funding for solar raised in Q1
Information published by industry analysts Mercom Capital Group shows that a total of $3.2 billion was raised from 60 deals in the first quarter of 2016. This represents a major increase from the previous quarter, when $1.6 billion was raised in 45 deals.
Battery storage, smart grid, efficiency companies raise $ 435 million in VC funding in Q1
Battery storage, smart grid and energy efficiency sectors experienced YoY increase in venture capital funding in Q1 2017, finds the latest report by Mercom Capital Group. QoQ increase reported in all but battery storage.
The age of plenty on steroids (with charts)
Despite the climate-denying Trump Administration, Michael Liebreich gave plenty of reasons to be optimistic about the future in his address to the BNEF Future of Energy Summit.
Getting ready for terawatts of solar (with charts)
Researchers from NREL, Fraunhofer ISE and Japan’s AIST have released a new paper which looks at the barriers to deploying multiple terawatts of solar PV and what can be done to overcome them.
SNEC Daily: First day of exhibition draws huge crowds
Day one of the SNEC exhibition attracted massive crowds as China brushed off worries about a slow start to the year.
GTM Research names NEXTracker as leader in global tracker market
Figures released today by GTM Research show that U.S based NEXTracker remained the global market leader for the second year running, although Indian and Chinese suppliers gained major headway as the market continues to globalize.
GTM Research: global solar market to see 9% growth in 2017
Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.
Solar corporate funding activity increases by 100% in Q1, finds Mercom Capital
Total corporate funding across the global solar industry reached $3.2bn in the first quarter of the year, which is a 100% increase on Q4 2016. This rise is largely due to increased debt financing activity, said Mercom Capital Group CEO Raj Prabhu.
