Inverter manufacturer Ingeteam has been granted a €55 million (US$61 million) loan by the European Investment Bank (EIB) for its research and development of renewable energy.
Hanergy Thin Film Power has issued a profit warning for its first half 2015 results as its primary customer, Hanergy Group, recently cancelled a major connected transaction to appease a Hong Kong stock market investigation into Hanergy TF’s viability when the majority of a sales go through its privately held parent company.
Leading PV inverter manufacturer SMA Solar Technology has backed up recently raised full-year revenue guidance with first half sales reaching €429.3 million, driven the most by the utility-scale PV power plant market.
Clean energy firm and PV developer Shunfeng International Clean Energy (SFCE) has acquired a majority stake (63.13%) in US-based solar cell and module manufacturer Suniva with an investment of US$57.76 million.
Tawian-based solar wafer producer Green Energy Technology (GET) continued to operate plants above 95% in July, increasing sales 3.1% from the prior month.
Silicon PV and sapphire materials equipment supplier GT Advanced Technologies (GTAT) said its long-standing CEO, Tom Gutierrez has resigned all positions at the company, which continues to operate under Chapter 11 bankruptcy.
PV manufacturing equipment specialist centrotherm photovoltaics said that Hans Autenrieth and Peter Augustin are to set down from the management Board of the company at the end of the year.
Laser systems specialist Rofin-Sinar Technologies reported fiscal third quarter sales of US$132.5 million for the third quarter, supported by “excellent sales level in the solar industry,” according to CEO Thomas Merk.
