April 26 (Reuters) - Shenzhen Topraysolar Co Ltd <002218.SZ>: :* Sees net profit for H1 2017 to increase by 28.9 percent to 63.2 percent, or to be 75 million yuan to 95 million yuan, compared to net profit of the same period in 2016 (58.2 million yuan).* Comments that improved domestic business is the main reason for the forecast.
April 26 (Reuters) - Hankook Corp Inc <050540.KQ> ::* Says it will buy 6.3 million shares of Hankook Technology, a plant and equipment firm, for 16.14 billion won .* Says it will hold 15.8 percent stake(6.3 million shares) in target company after transaction .
April 25 (Reuters) - Canadian Solar Inc :Canadian Solar secures project financing from Prudential Capital Group and U.S. Bank.Canadian Solar Inc - has secured financing for its 92 MWP is-42 solar power project near Fayetteville, North Carolina.Canadian Solar - Prudential Capital group will provide a $97 million debt facility, including tax equity bridge loan, term loan, revolving loan to project.Canadian Solar Inc - USBCDC, a division of U.S. Bank will make a tax equity investment in project under a separate agreement.Canadian Solar Inc - 92 MWP project is currently under construction and is expected to reach commercial operation in Q3 of 2017.
April 24 (Reuters) - Rgs Energy :RGS Energy issues business update.RGS Energy sees preliminary Q1 gross sales $3,017 million.RGS Energy sees preliminary Q1 net sales of $1,960 million.RGS Energy - positive outlook is supported by strong tailwinds emerging in U.S. residential solar market, which is projected to grow at 9 pct in 2017.Targets achieving break-even results in Q4 of 2017 or Q1 of 2018.
April 24 (Reuters) - RGS Energy :sees preliminary q1 gross sales $3.02 million .sees preliminary q1 net sales of $1.96 million.RGS Energy issues business update.positive outlook is supported by strong tailwinds emerging in u.s. Residential solar market, which is projected to grow at 9% in 2017, according to gtm research.Targets achieving break-even results in q4 of 2017 or q1 of 2018.
Yingli Green Energy Holding Co Ltd : Yingli green energy reports fourth quarter and full year 2016 results . Q4 revenue rmb 2.041 billion versus rmb 2.11 billion . Yingli green energy holding co ltd - total pv module shipments in q4 of 2016 increased by 74% to 635.1mw, compared to q3 of 2016 . Yingli green energy says geographically, china and japan continued to see strong demands in quarter and remained as two largest markets for the co . Expect pv module shipments in q1 of 2017 would be in range of 380mw to 400mw . Yingli green energy holding co ltd says pv module shipments to china in q4 more than doubled compared to previous quarter . Pv module shipments for full year of 2017 would be in range of 2.1gw to 2.2gw . Yingli green energy holding co ltd - "looking forward into 2017, we anticipate that china and japan will continue to be two important markets for company" . Yingli green energy holding co ltd says pv module shipments to japan in q4 increased by 11% compared to q3 . Yingli green energy holding co ltd -qtrly net loss was rmb1,854.7 million and loss per american depositary share was rmb102.0 . Yingli green energy holding co ltd - in europe, co is in process of restructuring in order to save operation cost, focus on module sales business.
Huayi Electric Co Ltd <600290.SS> : Sees FY 2016 net loss to be 47.4 million yuan . Says FY 2015 net profit was 60.1 million yuan .The reasons for the forecast are decreased sales revenue of wind power business and increased selling expense of domestic power transmission and distribution business.
Sungrow Power Supply Co Ltd <300274.SZ> : Sees Q1 FY 2017 net profit to increase by 5 percent to 10 percent, or to be 127.2 million yuan to 133.3 million yuan . Says Q1 FY 2016 net profit was 121.1 million yuan .Says steady growth in core business as main reason for the forecast.
3W Power SA <3W9K.DE>: 3W Power S.A. / AEG Power Solutions: creditors and local court approved restructuring plan for German subsidiary .Proceeding over German subsidiary to be lifted by end of April 2017. After which debtor-in-possession proceedings of German entity is completed.
SolarWorld AG : Notice for individual company pursuant to Sec. 92 (1) AktG and confirmation of preliminary figures 2016 for SolarWorld Group and of forecast 2017 . Loss has occurred in amount of one half of nominal share capital . This loss mainly results from provisions and impairments with regard to measures to focus business activities and cut costs .Confirms financial figures of group for fiscal year 2016 announced on Feb. 10, 2017, as well as its forecast for 2017.