Latest PV market updates

Foxconn finalizes Sharp acquisition

Sharp company building. Image by Sharp.

The Taiwanese contract electronics manufacturer -- also known as Hon Hai Precision Industry — has wrapped up its 388.8 billion yen ($3.8 billion​) purchase of a 66% stake in the troubled Japanese group.


Sungrow to supply 150 MW of inverters to solar projects in India

Sungrow 1500V inverter in Xinjiang, China.

The Chinese inverter manufacturer has signed a contract with Indian Independent Power Producer Mytrah Energy to supply inverters for approximately 150 MW of the company's projects in India, further expanding its market share in...


SolarWorld's finalized Q2 financials confirm encouraging growth

SolarWorld solar modules. Image SolarWorld.

The German PV manufacturer recorded significant growth in the company's sales and revenues compared to the same period last year, while also getting its EBIT back into profit, although it had to revise down its preliminary...


Ideal Power posts revenue 75% drop in Q2 revenue, increases net loss

Camarillo, California

The Texas inverter maker blamed the drop in sales on delays in California's incentive program and expects business to pick up in the second half of 2016 now that the problem has been resolved.


Abengoa reaches deal with creditors

Abengoa Atacama 1 project in Chile

The Spanish renewable energy group may have won a new lease on life, but it still has to convince other shareholders to accept the deal, which would mean suffering a severe haircut.


IRENA unveils new solar, wind maps

IRENA Global Atlas renewable energy map

The International Renewable Energy Agency has added a new feature to its Global Atlas that it hopes will accelerate growth in the renewable energy sector worldwide by providing more detailed resource data in an effort to...


Manz AG reports dip in revenue for H1 caused by unexpected order cancellation

Manz HQ in Reutlingen, Germany.

The German high-tech equipment manufacturer posts negative EBITDA of EUR -4.5 million following unexpected order stop from a major customer in its storage segment. Company expects revenue to pick up again for Q3.


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