Dow Corning, majority owner of major polysilicon producer, Hemlock Semiconductor, has posted a 12% increase in first-half year revenue and a net income up 20%, compared to the prior year period.
Major PV energy provider, SunPower, could announce today plans to expand PV production by as much as 750MW, according to a research note by Deutsche Bank equity analyst, Vishal Shah ahead of SunPower’s second quarter earnings call.
The US Securities and Exchange Commission has lodged charges against a company that it claims sought to dupe investors into backing a non-existent solar plant joint venture.
Leading PV inverter manufacturer, SMA Solar Technology has announced a further round of restructuring with heavy job losses after drastically lowering its revenue forecast for the year.
PV technology start-up, Solar3D, has reported second quarter revenue of US$7.5 million due to continued growth in small-scale PV installations of its subsidiary Solar United Network (SUNworks), acquired at the beginning of the year.
Thin-film PV module developer and manufacturer Ascent Solar Technologies, Inc. has reached an agreement with investors that will see the company secure US$32 million in senior secured notes and warrants in order to buy shares of its common stock in a private placement.
Tier-one PV manufacturer, ReneSola has said that a new framework agreement with Chinese retailer, China Seven Star Holdings, could lead to the sale of around 200MW of existing and planned PV projects within 18 months.
