SunPower reports heavy losses in Q4 results
The company took a big hit from restructuring charges, as its latest quarter of dismal financials.
CSUN to build 400 MW PV module factory near Sacramento
The Chinese PV maker is planning a fully automated factory to serve its U.S. customers with duty-free modules.
SolarWorld to shut down multi production, shed 400 staff by 2019
The German-headquartered solar power company posts year-on-year revenue and shipment increases of 5% and 19%, vows to strengthen competitiveness in 2017 with focus on monocrystalline high-efficiency products. Jobs will be lost along the way, however.
Amtech quarterly results show growth in orders and revenues
The equipment maker’s results for Q1 fiscal 2017 show a dip in revenue but growth in orders for solar equipment compared to the previous quarter.
Siva Power Expands Santa Clara Facility
The U.S. thin film manufacturer has expanded its development center in Santa Clara, California, and acquired production equipment from First Solar and Bloo Solar.
Flex survives a $500 million loss in business after SunEdison flamed out
Through no fault of its own, the energy-storage manufacturer revealed on its most recent earnings call that the continuing SunEdison fiasco cost it $500 million in revenue in 2016 – but it lived to tell the tale.
SMA’s yearly financials show record sales output, but a drop in revenues
Last year was a goody for German solar inverter manufacturer, by posting recording breaking sales figures alongside a rise in EBIT, however, the increase in price pressure in 2016 saw revenues fall, while this trend is expected to continue in 2017.
UL to give the skinny on IEC 61730 updates
The international PV module standard IEC 61730 went through significant alterations this year, and on Thursday UL will host a webinar to explain the changes.
Enphase receives much-needed influx of cash
The struggling microinverter manufacturer, which has posted quarterly losses in every quarter since Q3 2015, received a $10 million bailout from two institutional investors.
Tesla to power Nevada gigafactory entirely with solar
The 70 MW system is just one aspect of the plant’s commitment to 100% sustainability – but the company says it will be seven-times larger than the largest rooftop solar system currently installed.
