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“We deeply regret that the transformation is associated with a drastic staff reduction. However, we have no other choice,” said SMA Chief Executive Officer Pierre-Pascal Urbon

SMA Managing Board expects sales between EUR 730 million and EUR 770 million, presents cost reduction measures

2015-01-30

The Managing Board of SMA Solar Technology AG (Niestetal, Germany) is forecasting sales of between EUR 730 million to EUR 770 million and losses before interest and taxes (EBIT) of EUR 30 million to EUR 60 million in the current fiscal year. To return SMA to profitability, the Managing Board will adjust the company’s structures worldwide. At the Capital Markets Day on January 30th, 2015, SMA Chief Executive Officer Pierre-Pascal Urbon is presenting the measures that are intended to lower SMA’s break-even point to less than EUR 700 million in the coming months. Read more...

Displaying results 1 to 1 out of 347
 
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“We deeply regret that the transformation is associated with a drastic staff reduction. However, we have no other choice,” said SMA Chief Executive Officer Pierre-Pascal Urbon

SMA Managing Board expects sales between EUR 730 million and EUR 770 million, presents cost reduction measures

2015-01-30

The Managing Board of SMA Solar Technology AG (Niestetal, Germany) is forecasting sales of between EUR 730 million to EUR 770 million and losses before interest and taxes (EBIT) of EUR 30 million to EUR 60 million in the current fiscal year. To return SMA to profitability, the Managing Board will adjust the company’s structures worldwide. At the Capital Markets Day on January 30th, 2015, SMA Chief Executive Officer Pierre-Pascal Urbon is presenting the measures that are intended to lower SMA’s break-even point to less than EUR 700 million in the coming months. Read more...

Solar-Fabrik AG has decided to file for insolvency in self administration with the goal of restructuring the company and subsidiary Solar-Fabrik Wismar GmbH

Solar-Fabrik AG to file for insolvency in self administration

2015-01-30

Solar-Fabrik AG (Freiburg, Germany) has decided to file for insolvency in self administration. The same application will also be prepared for Solar-Fabrik Wismar GmbH. The goal of the self administration is a restructuring of Solar-Fabrik AG and Solar-Fabrik Wismar GmbH, the company announced in an Ad hoc announcement on January 29th, 2015. The other companies of Solar-Fabrik Group are not impacted. The applications will be filed with the Local Court of Freiburg on February 2nd, 2015. Read more...

The statistics by DECC reflect steady growth in the UK solar industry and rapidly falling costs, much of which in the large-scale solar sector. Image: Martifer Solar

UK almost doubled solar PV capacity in 2014, reached almost 5 GW at the end of 2014

2015-01-30

Official Department of Energy and Climate Change (DECC) figures out on January 29th, 2015 show that solar electricity generation in the United Kingdom almost doubled over the course of last year, with almost 5 GW of capacity at the end of 2014 up from 2.8 GW at the end of 2013. This is enough power to supply the equivalent of 1.5 million homes, the UK Solar Trade Association (STA) emphasizes. Read more...

Canadian Solar has approximately 70 MWp of utility-scale power plants and 30 MWp of roof-top solar systems in operation in China

Canadian Solar updates its late-stage PV project pipeline, announces progress in several geographies, including Japan, the UK and China

2015-01-30

Canadian Solar Inc. (Guelph, Ontario) on January 29th, 2015 provided an update on its late-stage solar photovoltaic (PV) project pipeline, currently at 1.4 GWp, unchanged from 1.4 GWp in November of 2014, despite the completion of over 100 MWp of projects in Canada and in the U.S. during the fourth quarter of 2014. The Company announces progress in expanding its pipeline in several geographies, including Japan, the UK and China. Read more...

In the transaction, TerraForm Power purchased 21 MW of operating solar PV plants from First Wind

SunEdison, TerraForm Power close acquisition of First Wind

2015-01-30

SunEdison, Inc. (Belmont, California, US) and TerraForm Power, Inc. (Bethesda, Maryland, US) on January 29th, 2015 announced that they have completed their previously announced acquisition of First Wind Holdings, LLC. (Boston, Massachusetts, US). In the transaction, TerraForm Power purchased 500 MW of operating wind power plants and 21 MW of operating solar photovoltaic (PV) plants from First Wind. Read more...

Latin America PV installations 2013–2015 (expected). Source: GTM Research Latin America PV Playbook

GTM Research: The Latin America solar PV market grew 370% in 2014, installed 625 MW

2015-01-29

The Latin American region, which is comprised of Mexico, Central America, South America and the Caribbean, installed 625 megawatts (MW) of solar photovoltaics (PV) in 2014, a 370 percent annual growth rate over 2013, according to the newly released Q4 2014 Latin America PV Playbook from GTM Research (Boston, Massachusetts, U.S.). Read more...

Andalay Solar is the first and only company in the industry to enjoy the advantage of having electrical connections that are integrated in the PV module frame

Andalay Solar awarded new patent on its built-in electrical connectors technology for PV modules

2015-01-29

The U.S. Patent and Trademark Office (USPTO) on January 28th, 2015 issued Andalay Solar, Inc. (San Jose, CA, U.S.) its seventh U.S. patent, which further strengthens the company's “InstantConnect” wiring technology. U.S. Patent No. 8,938,919 covers the built-in electrical connectors that mate into the Andalay solar photovoltaic (PV) module frame technology. Andalay Solar is the first and only company in the industry to enjoy the advantage of having electrical connections that are integrated in the frame, the company emphasizes. Read more...

“In a few short years, Enphase has supplanted traditional inverter technology to become the top solar technology in homes across the globe”, said Frost & Sullivan Senior Industry Analyst Gautham Gnanajothi

Frost & Sullivan recognizes PV micro-inverter maker Enphase Energy with 2014 award for technology leadership

2015-01-29

Based on its recent analysis of the solar photovoltaic (PV) inverter market, Frost & Sullivan (London, UK) recognizes Enphase Energy (Petaluma, Calif., U.S.) with the 2014 Global Frost & Sullivan Award for Technology Leadership. Enphase is making considerable progress toward achieving its vision of providing clean, reliable and affordable solar energy to both the mainstream commercial and residential sectors, Frost & Sullivan commends. Read more...

The”PbC”battery is a hybrid device that uses the standard lead acid battery positive electrode and a supercapacitor negative electrode that is made of activated carbon

Energy storage and frequency regulation: Axion Power signs marketing, sales and reselling agreement with Pacific Energy Ventures, targets renewable energy projects

2015-01-29

Axion Power International, Inc. (New Castle, Pennsylvania, U.S.) a developer of advanced lead-carbon “PbC” batteries, energy storage systems and frequency regulation systems, on January 28th, 2015 announced a strategic marketing, sales and reselling agreement with privately owned Portland OR-based Pacific Energy Ventures LLC (PEV), a technology and project development firm specializing in the renewable energy and energy storage sectors. PEV will promote the sale of “PbC” and “PowerCube” products for use with renewable energy and energy storage projects. Read more...

China Sunergy received a letter from the Listing Qualifications Department that it does not comply with the Nasdaq maintenance standard

China Sunergy announces receipt of second notice of failure to meet Nasdaq listing standards within one month

2015-01-29

China Sunergy Co., Ltd. (Nanjing, China) on January 28th, 2015 announced that it had received a letter from the Listing Qualifications Department of the NASDAQ Stock Market, on January 22nd, 2015, informing the Company that it does not comply with the Nasdaq maintenance standard set forth in Nasdaq Listing Rules related to the maintenance of minimum market value of publicly held shares (MVPHS) of USD 15,000,000. Read more...

Displaying results 1 to 10 out of 347