MEMC has announced financial results for the fourth quarter and full year 2011 that reflected the continued challenging environment in both the semiconductor and solar markets.
AU Optronics Corp announced today that its solar business will use “BenQ Solar” as its new brand name from now on, as authorized by BenQ Corporation.
S.A.G. Solarstrom AG is anticipating that the sales figures of between 260-280 € million planned for 2011 will be met with a very solid and positive EBIT, despite the difficult industry environment over the past year.
Borrego Solar Systems has closed a new $47 million fund with partners U.S. Bank and East West Bank to finance solar energy projects for corporate, education and municipal customers.
Energy Conversion Devices today voluntarily filed a petition for relief under Chapter 11 in the U.S. Bankruptcy Court for the Eastern District of Michigan. As part of its bankruptcy plan, ECD intends to sell through separate sales its wholly owned operating subsidiary United Solar Ovonic LLC and other assets, including its minority stake in Ovonyx, Inc.
Solar Junction, a developer of high efficiency multi-junction cells for the concentrated photovoltaic (CPV) market, has closed its Series D financial round of $19.2 million
Renewable Energy Corporation ASA (REC) reported fourth quarter 2011 revenues of NOK 2,865 million and EBITDA of NOK 178 million.