Consolidated net income: EUR 7 million EUR 49 million of new orders in Photovoltaics & Semiconductor core segment in Q1 2016 centrotherm photovoltaics AG Supervisory Board appoints Jan von Schuckmann to Management Board centrotherm has exceeded its goal of a breakeven consolidated net result in the 2015 financial year as a consequence of one-off effects. […]
WACKER Raises Full-Year EBITDA Forecast
Wacker Chemie AG concluded the first quarter of 2016 in line with its expectations. The Munich-based chemical company’s sales were down marginally year over year. Earnings before interest, taxes, depreciation and amortization (EBITDA) were considerably lower than in Q1 2015, influenced by start-up costs for the new site at Charleston, Tennessee (USA). Compared with the […]
SolarWorld AG increases shipments and revenue in Q1 2016
In Q1 2016, SolarWorld AG boosted groupwide shipments by 62 percent, compared with previous year’s quarter, to 341 (Q1 2015: 210) megawatts, according to preliminary information. Shipments grew strongly in the United States, in Germany even against the market trend and in European export markets. Furthermore, SolarWorld won orders for large-scale projects, for example in […]
NSEFI Declares Support for Sun Edison, India
In an interview aired by Bloomberg TV National Solar Energy Federation of India (NSEFI) has expressed full confidence that the Sun Edison bankruptcy matter will not impact India’s solar program. Further elaborating the subject NSEFI Chief Pranav R Mehta, who is also Co – Chairman of Global Solar Council stated that : “Sun Edison India […]
Ballard Fuel Cells Power Tangshan Railway Vehicle Co. Hybrid Urban Tram in China
Ballard’s FCveloCity®-HD fuel cell module has successfully powered another urban tram, this one designed and built by Tangshan Railway Vehicle Co. Ltd. (TRC) in China’s Hebei Province. TRC is part of CRRC, the largest heavy duty vehicle manufacturer in that country. Previously, in March 2015, a tram built by CSR Qingdao Sifang Company, a Chinese […]
Sterling and Wilson,part of Shapoorji Pallonji Group acquires 51% stake in STC Group, Italy to give their co gen business a global up-thrust
Sterling and Wilson, part of Shapoorji Pallonji Group and one of India’s leading Solar EPC with over 1,000 MW of solar projects on ground, has acquired 51% stake inSTC Group, an Italian gas based power generation business, to expand its gas based power plant portfolio in key markets. Presently S&W has a presence in the […]
Suzlon subsidiary AE-Rotor Holding B.V announces the redemption of SBLC backed Bonds of US$ 590.4 million
Suzlon Group, one of the leading global renewable energy solutions provider in the world, announced that AE-ROTOR HOLDING B.V. (“AERH”), a step down wholly owned subsidiary of Suzlon Energy Limited, had issued 5 year Bonds on March 28, 2013 for US$ 647 million; having a 4.969% coupon rate (“Bonds”) backed by SBLC facility from various lenders fronted by […]
Advocating education for all, Waaree Energies announces ‘From Darkness to Light’ campaign
As a part of its corporate social responsibility; Waaree Energies started its special initiative to endorse education for all and announced its campaign ‘From Darkness to Light’- supplementing education for children in the lower strata ofthe society in the country.Kicking off the campaign on Labour Day on May 1, 2016, Waaree Energiesdonated Solar Lanternsto the […]
Suzlon commissions 900 MW in FY16 in India; over 100% increase from FY15
Suzlon Group, one of the leading global renewable energy solutions providers in the world, announced that it has commissioned 900 MW wind energy projects during the financial year 2015-16 (FY16), of which 520 MW was commissioned in Q4 FY16. This amounts to a more than 100% increase in installations, vis-à-vis 442 MW installed during the […]
LOYTEC to Join Delta Group for Smarter and Greener Building Automation Together
Delta Electronics, Inc., a global leader in power and thermal management solutions, and LOYTEC Group recently jointly announced that Delta Electronics’ wholly-owned subsidiary, Delta Electronics International (Singapore) Pte. Ltd., has acquired shareholdings in Loy Tec electronics GmbH and Innocontrol electronics GmbH (hereinafter referred to as LOYTEC) for 72 million Euros (approximately NTD 2.6 billion) on April […]
