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Finance

SolarWorld Americas to continue operations

Amid a flurry of speculation after its German parent company SolarWorld AG, the U.S. arm of the crystalline silicon PV manufacturer released a statement reassuring the market and its employees that it continues to operate at full strength.

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ESCO acquires Renewable NRG Systems

The maker of engineered products for multiple industries has expanded into wind and solar with the acquisition of Renewable NRG Systems.

TerraForm completes the sale of 365 MW of UK solar projects

With the sale the yieldco has almost completely divested from the United Kingdom, as its acquisition by Brookfield grinds forward.

Amtech posts revenue growth in quarterly results

The U.S./Dutch tool maker also saw order intake and quarter-end backlog increase in the latest quarter. All of the company’s segments contributed to the turnover growth registered in this period.

SMA remains in the black

A difficult market environment has led to a drop in sales and profits. The German inverter maker, however, was able to keep writing black numbers in the latest quarter.

Ten K Solar to “discontinue” current operation

The Minnesota-based solar company gave scant details, but denied claims that its winding down was due to faulty third-party hardware.

Sunrun bucks the trend and grows during Q1 2017

While other large residential solar companies are contracting or even going bankrupt, Sunrun gained market share during Q1 2017.

BREAKING: SolarWorld files for insolvency

Pioneering solar manufacturer SolarWorld AG is insolvent. It is unclear whether the company’s U.S. subsidiary must now file as well.

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Sunlight Financial secures funding for 20,000 home loans

A $500 million commitment from Technology Credit Union is the latest sign of growth in the residential solar loan space.

Enphase sees losses increase during Q1

The U.S. microinverter manufacturer reported a lower than expected revenue in the latest quarter, with shipments decreasing slightly year-on-year. The company, however, was able to strenghten its cash position after implementing a restructuring plan in the previous quarters.

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