Latest PV market updates

Hareon seals 930 MW solar deal with United PV Group

China Chengdu.

The Chinese solar company has signed an investment framework agreement with the group for 930 MW of solar PV.

Elkem finalizes REC Solar purchase

REC Solar Singapore.

The Chinese-owned, Norway-based Elkem AS has completed the acquisition of REC Solar, the largest suppliers of solar panels in Europe.

Con Edison acquires 140 MW of Californian solar projects

Fresno, California.

Subsidiary of Consolidated Edison snaps up six shovel-ready PV projects from SolarReserve LLC and GCL Solar Energy, PPAs agreed with SCE and PG&E.

Solar-Fabrik granted self-administration insolvency right

Solar-Fabrik HQ.

Rejected by a court in Freiburg at the beginning of the month, beleaguered German PV manufacturer has now been permitted chance at self-administration insolvency.

Vivint Solar rides high on Q1 performance

Vivint Solar HQ.

The U.S. residential installer posted positive results across the board, including a 172% year-on-year revenue increase and a 131% rise in MW installed.

SMA enjoys strong Q1 sales growth, expands international footprint

SMA CEO Pierre-Pascal Urbon.

The German inverter manufacturer increases year-on-year sales to $254.7 million, driven by growth in the large-scale sector. Hefty staff reduction almost completed.

Gintech plans 350 MW solar cell production in Thailand

Gintech Thailand subsidiary has been established to set up a 350 MW solar cell production line in Thailand. It is expected to commence commercial operation in the first quarter of 2016.

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