Solar News

ReneSola 2014 results: PV module shipments up 14.0%; net revenues increased by 2.8%

2015-03-05 |

In 2014 ReneSola shipped solar photovoltaic (PV) modules totaling 1,970.3 MW, representing an increase of 14.0% from 1,728.8 MW for full year 2013. Total solar wafer and module shipments were 2,816.4 MW, representing a decrease of 10.5% from 3,146.5 MW for full year 2013. Net revenues were USD 1,561.5 million, an increase of 2.8% from USD 1,519.6 million in 2013. Gross profit was USD 209.3 million with a gross margin of 13.4%, compared to a gross profit of USD 113.1 million with a gross margin of 7.4% in 2013. Read more...

 
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ReneSola does not have any plans for internal PV production capacity expansion in 2015

ReneSola 2014 results: PV module shipments up 14.0%; net revenues increased by 2.8%

2015-03-05

In 2014 ReneSola shipped solar photovoltaic (PV) modules totaling 1,970.3 MW, representing an increase of 14.0% from 1,728.8 MW for full year 2013. Total solar wafer and module shipments were 2,816.4 MW, representing a decrease of 10.5% from 3,146.5 MW for full year 2013. Net revenues were USD 1,561.5 million, an increase of 2.8% from USD 1,519.6 million in 2013. Gross profit was USD 209.3 million with a gross margin of 13.4%, compared to a gross profit of USD 113.1 million with a gross margin of 7.4% in 2013. Read more...

“The era of module efficiency has arrived,” comments Cogenra Solar CEO and founder, Dr. Gilad Almogy, on the two PV world records

Cogenra achieves two PV world records, breaks through the 400 W module power barrier

2015-03-05

Cogenra Solar (Fremont, California, US), a manufacturer of innovative solar photovoltaic (PV) panels and systems, on March 4th, 2015 announced that its modules have broken two world records, achieving unprecedented power levels using commercially available, unsorted solar photovoltaic cells and its propriety high-volume Dense Cell Interconnect (DCI) process. By delivering unprecedented power per module, Cogenra is driving down balance of system (BoS) and soft costs to unlock the next phase of solar growth, the company emphasizes. Read more...

Trina Solar shipped approximately 3.66 GW of solar PV modules in 2014

Trina Solar announces 2014 results : PV module shipments up 41.9%; gross profit increased by 76.7%

2015-03-05

Trina Solar Limited (Changzhou, China) on March 4th, 2015 announced its unaudited financial results for the fourth quarter and full year of 2014. Total 2014 solar photovoltaic (PV) module shipments were approximately 3.66 GW, an increase of 41.9% from 2.58 GW in 2013. Full-year net revenues were USD 2.29 billion, an increase of 28.8% from 2013. Gross profit was USD 385.6 million, an increase of 76.7% from 2013. And gross margin was 16.9%, compared with 12.3% in 2013. Read more...

Eurus Tenmyo Solar Park, Fukushima Prefecture, Japan. Total DC output: 18.76 MW

Eurus Energy starts operation of two large PV plants in Tohoku region, Japan

2015-03-05

Eurus Energy Group’s (Tokyo) two mega solar PV projects in Miyagi and Fukushima prefecture have started operation on March 2nd, 2015. The total output of the two plants is 22 MW (AC), they are the largest plants in their respective regions Miyagi and Fukushima, and the generated solar power will be sold to Tohoku Electric Power Company, Inc. Read more...

Soprasolar Rooftop solar power plant in the Ile de France region, at Orly with a capacity of 242 kWp

REC to tackle France’s major solar PV markets with a new cooperation

2015-03-05

REC, a leading global provider of solar energy solutions headquartered in Norway, on March 4th, 2015 announced a new cooperation with the French solar commercial and industrial rooftop expert, Solardis, the solar branch of the Soprema Group (Strasbourg, France). Soprema is a world leader in sealing products and solutions for roofs, while Solardis acts as the exclusive photovoltaic (PV) planner and distributor of Soprasolar, a waterproofing solution for flat roofs with integrated PV. Read more...

IHS: Global solar PV balance-of-system revenues to exceed USD 20 billion in 2019

2015-03-04

IHS (Wellingborough, U.K.) on March 4th, 2015 announced that the global solar photovoltaic (PV) balance-of-system (BoS) market is forecast to grow at an average rate of 5 percent per year, reaching USD 21 billion in 2019. China, India and other large markets in Asia dominated by niche BoS suppliers, will account for 44 percent of global BoS revenues in 2019. The Europe, Middle East and Africa (EMEA) region is forecast to reach 34 percent of revenues, while the Americas will comprise 21 percent. Read more...

More solar thermal companies expect multi-family houses, public orders and solar process heat to become the dominating market segments

Solar heating and cooling: Markets transitioning from residential to commercial

2015-03-04

Change is coming to the world’s solar thermal markets: Single-family homes – currently the most important sales segment – are going to lose their significance in the future. This is just one of the results from international survey ISOL Navigator December 2014, a study published by German agency solrico. Read more...

Solar-Fabrik AG subsidiary Solar-Fabrik Wismar GmbH has also filed for insolvency proceedings in self administration

Solar-Fabrik AG postpones publication of the 2014 annual report

2015-03-04

Solar-Fabrik AG (Freiburg, Germany) will postpone the publication of the 2014 consolidated annual report. The financial calendar 2015 stipulates that the 2014 consolidated annual report will be published on March 31st, 2015. However, due to the start of the preliminary insolvency process in self-administration as ordered by the Freiburg local court on February 3rd, 2015, which occurred during the period for subsequent events, the 2014 consolidated annual report must consider the consequences of this process, the company notes. Read more...

As its liquidity position improves in the coming months, Moser Baer India Ltd. considers to ramp up operations further

Moser Baer announces 2014 results: Liquidity impacted the ability to fully tap the opportunity in the burgeoning Indian solar PV market

2015-03-04

Moser Baer India Limited (New Delhi, India), producer of thin-film solar photovoltaic cells and modules, on February 26th, released its financial results for 2014. Total income stood at INR 10,106.0 million during the year, affected primarily by lower production volumes on account of tight liquidity situation. In the solar Photovoltaic (PV) business Moser Baer Solar registered revenue from operations of INR 2,403 million through module sales and systems business in the Japanese and Domestic market. Read more...

SwRI, will manufacture and test a high-efficiency supercritical CO2 (sCO2) hot gas turbo-expander for CSP plants

SwRI receives USD 9.9 Million from U.S. DOE to improve concentrating solar power plant efficiency

2015-03-04

Southwest Research Institute (SwRI, San Antonio, TX, U.S.) has been awarded USD 4.9 million by the U.S. Department of Energy (DOE) as part of a USD 9.9 million continuation contract to manufacture and test a high-efficiency supercritical CO2 (sCO2) hot gas turbo-expander and compact heat exchangers for concentrating solar power (CSP) plants. Read more...

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