Solar News

First Solar announces net sales of USD 896 million, Year-to-date bookings of 1.4 GW

2015-08-05 |

First Solar, Inc. (Tempe, Arizona, U.S.) on August 4th, 2015 announced financial results for the second quarter of 2015. Net sales were USD 896 million in the quarter, an increase of USD 427 million from the first quarter of 2015. The increase in net sales from the prior quarter resulted from increased revenue recognition on the Silver State South PV project and the sale of majority interests in the North Star and Lost Hills-Blackwell PV projects. Read more...

 
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First Solar’s increase in cash and marketable securities was due to receipts from the sale of majority interests in the North Star and Lost Hills-Blackwell PV projects as well as proceeds received in conjunction with the YieldCo 8point3 Energy Partners IPO

First Solar announces net sales of USD 896 million, Year-to-date bookings of 1.4 GW

2015-08-05

First Solar, Inc. (Tempe, Arizona, U.S.) on August 4th, 2015 announced financial results for the second quarter of 2015. Net sales were USD 896 million in the quarter, an increase of USD 427 million from the first quarter of 2015. The increase in net sales from the prior quarter resulted from increased revenue recognition on the Silver State South PV project and the sale of majority interests in the North Star and Lost Hills-Blackwell PV projects. Read more...

Etrion Corporation reference PV plant

Etrion connects last site of 9.3 MW Mito solar PV project in Japan

2015-08-05

Etrion Corporation (Geneva; Switzerland), an independent solar power producer (IPP), on August 4th, 2015 announced that the last site of the Mito solar photovoltaic (PV) project in Japan has been connected to the grid and will start recognizing revenues by the end of August 2015 following testing. Mito is a 9.3 megawatt (MW) utility-scale solar photovoltaic power plant including five sites in the Ibaraki Prefecture. The Mito project includes a total of 28.3 hectares and is expected to produce a total of approximately 10.5 million kWh of solar power per year. Read more...

The Catalina Solar PV project is located in California’s Mojave Desert

EDF, Dominion close on acquisition of the 24.3 MW Catalina Solar 2 PV Project in California

2015-08-05

EDF Renewable Energy (EDF RE, Paris, France; San Diego, Calif., US) closed on the sale of the Catalina Solar 2 Project (24.3 MWp), located in Kern County, California to Dominion Virginia Power (Richmond, Virginia, U.S.). The purchase and sale agreement, announced in September 2014, closed on June 30th, 2015 when the installation of the PV project was officially complete. Read more...

Organic semiconductors are important materials for the development of cost-efficient and flexible OPV cells. Merck´s portfolio of proprietary charge transport materials is especially designed to improve bulk hetero-junction solar cells applications and other novel organic photovoltaic cells concepts.

Organic photovoltaics: Merck, Nano-C present enhanced OPV materials

2015-08-04

Merck KGaA (Darmstadt, Germany) on August 3rd, 2015 announced, together with the US-based company Nano-C Westwood, Mass.), their development and launch of promising new fullerene derivatives for the emerging field of organic photovoltaics (OPV). Merck is pursuing many projects to participate in the growing OPV sector, the company notes. Read more...

In October 2014 Abengoa Yield's Solana CSP plant in Arizona received an Energy Storage North America Innovation Award

Abengoa announces a capital raise of EUR 650 million to complement its strategy of new asset sales

2015-08-04

Abengoa SA (Seville, Spain) on August 3rd, 2015 announced that the board of directors has unanimously voted to submit to an Extraordinary Shareholders Meeting the approval of a capital increase with pre-emptive rights of EUR 650 million. The company applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water. Read more...

REC is exploring new business models and expanding its product portfolio to even better penetrate the solar markets

REC increases PV module revenues by 12% from Q1, 2015

2015-08-04

REC, the largest European brand of solar panels, on August 3rd, 2015 announced its Q2 2015 solar photovoltaic (PV) market insight, including the company’s financial results, key achievements, strategic approaches, and global solar market elaborations. REC reports PV module revenues of USD 168 million, up 12% from Q1 2015, including PV module shipments of 130 MW to U.S., accounting for 50% of REC’s total sales in Q2 and up 44% from Q1. Read more...

WACKER’s key objective remains a further reduction in solar silicon production costs

WACKER posts growth in sales and earnings for Q2; slight decrease in solar silicon sales revenue

2015-08-04

Wacker Chemie AG (Munich, Germany) generated both year-over-year and quarter-over-quarter sales growth from April through June 2015, mainly thanks to higher volumes and favorable exchange-rate effects. In Q2 2015, the chemical company generated sales of EUR 1,370.5 million compared with EUR 1,242.3 million a year ago, up apporx. 10 percent year over year and almost 3 percent over the preceding quarter (€1,334.9 million). The chemical divisions and Siltronic all achieved double-digit sales growth compared with Q2 2014. Polysilicon sales, however, fell slightly year over year as a result of lower prices. Read more...

PV production at a JinkoSolar facility

JinkoSolar inks USD 62 Million plus RMB 50 million loan agreement with The Export-Import Bank of China

2015-08-03

JinkoSolar Holding Co., Ltd. (Shanghai, China) on August 3rd 2015 announced that it has signed a USD 62 million plus RMB 50 million loan agreement with The Export-Import Bank of China (TEIBC). According to the terms of the agreement, the USD 62 million loan will be used to support long-term fixed assets and mid-term working capital for JinkoSolar's PV production facility in Malaysia, while the RMB 50 million loan will be used to support near-term working capital for the Malaysia facility. Read more...

With the commissioning of the 34 MW PV plant, Welspun will feeding 48 million kWh into the Punjab state grid

PV in India: Welspun Renewables commissions Punjab’s largest solar project

2015-08-03

Welspun Renewables (Mumbai, India) has set up its first solar photovoltaic (PV) project in Punjab: The Bhatinda 34 MW plant. This is the largest commissioned solar PV capacity to come up in the state, Welspun emphasizes. Spread across 140 acres in Punjab’s Bhatinda district the PV plant will annually be feeding 48 million kilowatt hours (kWh) of solar power into the Punjab state grid, for the next 25 years. Read more...

ET Solar’s new generation AC Modules are fully integrated with NEP's BDM-300 micro PV inverters

ET Solar launches new generation of AC PV modules in Japan

2015-08-03

ET Solar Group Corp. (Nanjing, China) on July 31st, 2015 announced that it has launched new generation AC solar photovoltaic (PV) modules at PV Japan 2015. In cooperation with Northern Electric and Power (NEP), a company dedicated to providing solar PV inverters, ET Solar has developed new generation AC Modules that are fully integrated with the NEP's BDM-300 micro-inverters. Read more...

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