Latest industry & suppliers headlines

Siva Power to build CIGS pilot line

Siva Power module image

Siva Power has raised US$5 million, in a series D round, to construct a pilot line for its CIGS PV technology. The line will be installed at the company's Santa Clara base.


Phoenix Solar doubles Q1 revenue Y-o-Y

Solar installation in Munich.

The German PV project developer posts first quarter revenue of EUR 9.9 million, double that achieved in Q1 2015, following the conclusion of several large-scale projects. Accelerated Q2 growth forecast.


Origin Energy signs 13-year PPA for 100 MW Queensland solar farm

Queensland.

Australian utility inks a 13-year power purchase agreement with the developers of the Clare Solar Farm, which is a 100 MW PV plant currently under construction in Queensland.


Enphase Energy hits Q1 revenue target as price reduction roadmap continues

Enphase president and CEO Paul Nahi.

The U.S. microinverter specialist reports first quarter revenue of $64.1 million, shipments of 143 MW and a GAAP gross margin of 18.3% as product costs continue to fall.


GE to deliver 220 MW of inverters to DEWA's Dubai solar project

The GE LV5 Series 1 MW central inverter will be shipped to Spanish EPC TSK in the summer for installation in the DEWA solar project.

The DEWA project is currently attracting bids for the world's cheapest solar energy, and 220 MW of PV installed in the next phase will be controlled by GE’s LV5 Series central inverters.


Avancis hits 17.9% efficiency on 30 cm x 30 cm module

Avancis module in production

German CIGS developer Avancis has achieved an efficiency of 17.9% with its CIGS technology. The company hit the conversion efficiency on a 30 cm x 30 cm mini module, with the company claiming the technology could be translated...


Tata to pay $1.45bn for Welspun's solar, wind portfolio – reports

Solar EPC service, India.

India's largest utility Tata Power is in the final stages of negotiations to purchase the entire 1.15 GW clean energy portfolio of Welspun Group, according to local media reports.


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