German inverter manufacturer SMA Solar has reported a first-quarter net loss of €1.6 million (US$1.86 millon), down from a €5.5 million profit in the same period last year.
Yindjibarndi Energy Corporation (YEC) has reached financial close on the 150MW Jinbi solar PV power plant in Western Australia's Pilbara region and signed a 30-year power purchase agreement (PPA) with mining giant Rio Tinto.
Inox Solar has entered into an agreement with Chinese technology and manufacturing firm Ningbo Boway Alloy Material to acquire all the equity stakes of its US subsidiary Boviet Solar Technology.