News

Struggling LDK Solar has reported a net loss of US$1.05 billion in 2012, the starkest figure in an annual report containing volumes of negative financial figures.

SMA Solar Technology is continuing to tout the expectation that a dire PV market this year will lead to the company making further headcount reductions.

Chinese thin-film manufacturer Hanergy has acquired Engensa, a UK-based home energy systems provider, for an undisclosed purchase price.

Major PV module manufacturer Trina Solar has lowered first quarter shipment guidance and expects gross margins to be as low as 1%.

Renewable energy developer Sempra U.S. Gas & Power has dedicated the first phase of Arizona's Mesquite solar project, expected to become one of the largest PV plants in North America.

German chemical company Merck will lead a consortium to develop high-efficiency cobalt-based dye-sensitised solar cells.

The Greek government is to introduce retroactive cuts to the country’s feed-in tariff in a bid to reduce a deficit in the fund it uses for renewable energy.

PV projects in Thailand as well as strong demand in select European countries saw Conergy post its highest ever first quarter shipments.

South Africa has inked agreements with the preferred bidders for nine solar projects under the second round of its national renewable energy procurement programme.

China Merchants New Energy Group Limited has inked a joint venture agreement with state-owned Xinjiang Production and Construction Corps Investment Co which seeks to invest and build a 300MW PV plant in China.