Embattled German PV panel maker SolarWorld said it expects to miss its forecast for revenue and earnings before interest and taxes (Ebit) for this year, blaming renewed Chinese dumping that it says has caused global solar prices to fall.
24 October 2016 09:39 GMT
Fitch Ratings has warned that oil companies not diversified into renewables could struggle to access capital as the advance of battery technologies and the rise of electric vehicles (EVs) curbs global demand for oil.
19 October 2016 06:33 GMT
Panasonic has confirmed it would use its own PV technology at a new cell and module factory in New York if its recently unveiled partnership with Tesla is finalised, deepening questions about what role – if any – SolarCity’s Silevo would play at the factory.
19 October 2016 04:54 GMT
Suntech today became the latest Chinese solar manufacturer to walk away from a voluntary pricing deal with the EU, as a European lobbying group accused China’s PV majors of growing “desperation” in the face of huge overcapacity at home.
18 October 2016 12:57 GMT
Indian solar developer Azure Power held its initial public offering on the New York Stock Exchange, but its shares were priced well below the range it suggested just a few weeks ago and fell sharply on their first day of trading.
13 October 2016 01:20 GMT
The Australian state of Queensland won't see its energy security compromised by pursuit of a 50% renewables share target by 2030, according to a draft study that reignited a national political row over clean-energy policy following a blackout in neighbouring South Australia.
12 October 2016 12:09 GMT
China’s JinkoSolar has agreed to sell a majority stake in its fast-growing downstream power-generation business to a consortium of investors for $250m, having previously decided against listing the unit publicly as a yieldco.
11 October 2016 01:39 GMT
Azure Power, the pioneering Indian solar developer, applied to list shares on the New York Stock Exchange, saying it will take in net proceeds of $114m if its shares sell at the midpoint of the initial public offering range of $21-$23.
22 September 2016 03:30 GMT
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