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.
India is capable of a sharp ramp up of solar deployment on a level with China's spike in recent years, according to a new report on India’s energy market.