News

PowerSecure International Acquired by Southern Company

published: 2016-05-10 18:25
Southern Company and PowerSecure International have completed their merger, with PowerSecure becoming a wholly owned subsidiary of Southern Company.   Southern Company's existing business model provides an opportunity to leverage ...  more

Total Announces Proposed Acquisition of Saft

published: 2016-05-10 18:03
Total and Saft announced on May 9th that, following the signature of an agreement between the companies, Total filed a friendly tender offer on all of the issued and outstanding shares in the capital of Saft with the French Financ...  more

China EV Sales Drop 90% in First Quarter of 2016

published: 2016-05-09 19:11
Due to China’s policy issues, the sales of pure electrical vehicles (EVs) in 1Q16 dropped 90% from last quarter in China. Beijing is planning to announce new subsidies, yet, the official announcement hasn’t been made. Thus, manufa...  more

SunPower’s Revenue and Net Income Decrease

published: 2016-05-09 18:39
SunPower has released its financial results for the first quarter of 2016. Although the company helped build historically high volume of PV projects, its non-GAAP revenue and net income both decreased from 4Q15. The report shew th...  more

GE Signs Inverter Supply Agreement with DEWA in Dubai

published: 2016-05-06 18:13
GE plans to supply 220MW LV5 Series solar inverters for Dubai Electricity and Water Authority’s (DEWA) solar project in Dubai. The inverters are part of a frame agreement between GE and TSK. GE will supply outdoor solar SKIDs to T...  more