03.30.2012
Nanjing, China
China Sunergy has begun assembling solar modules in France through OEM cooperation with KDG Energy, a French manufacturer of high quality PV modules.
SunEdison has completed a euro 155 million non-recourse debt financing arrangement with IFC, a member of the World Bank Group, Overseas Private Investment Corporation (OPIC) and UniCredit Group for SunEdison's 60.4MWp
Inverter manufacturer, SMA recorded sales of €1.7 billion with an operating profit (EBIT) of €240.3 million in 2011.
S.A.G. Solarstrom estimates that the sales process of the 48 MWp Serenissima project will be concluded shortly. The complexity of the transaction unexpectedly delayed closing due to a high degree of administrative effort.
The Group's shipment volumes of 384MW in 2011 were slightly above the 378MW achieved in 2010. However, Group revenue was 17% lower at €210.4 million due to the effect of lower average selling prices which impacted profitability leading to earnings before interest and taxes (EBIT), before exceptional items, of €4.1 million, representing a margin of 1.9%.
Australian clean-tech company, Dyesol has raised a total of AUD $5 million, through take-up by shareholders of the recent Share Purchase Plan and a supplementary placement to sophisticated investors. The transaction was partly underwritten by Octa Phillip Securities for a total of $3 million and, consequently, there was no shortfall to the underwriter.
Residential and commercial installer, GeoGenix has been awarded a contract by Rug Renovating, the world’s largest rug and carpet cleaning, repair and restoration facility
