First Solar Slips to Q1 Loss but Sees ‘Tremendous Momentum’ in Global Solar Market

U.S. solar giant to restructure its engineering, procurement and construction business after struggling to contain costs in the first quarter of 2019. First Solar swung to a first-quarter loss due to lower project revenue and escalating costs at its engineering, procurement and construction business, but reassured investors that the roll-out of its critical Series 6 […]

Solar Developer 7X Energy Secures Final Corporate PPA for 690MW Texas Project

Having found early success in the “very competitive” Texas solar market, 7X Energy is quietly pushing into new geographies, CEO says. Solar developer 7X Energy secured a second and final corporate power-purchase agreement for its 690-megawatt Taygete project in West Texas, unlocking what will be the state’s largest solar project as the ambitious developer readies […]