Intense price competition drove the inverter market down 4% to $6.6bn in 2014 as global demand continued its shift eastwards towards Asian markets.
Sales revenue held steady at $141.1 million for the first quarter, although inverter sector performed poorly, impacted by seasonality and pricing pressures.
Tesla's breakthrough battery storage offering proves irresistible to leading solar companies keen on bundling the tech with their own service and products.
Construction on Enel Green Power’s (EGPs) 97 MW Chilean PV power plant is underway. It is scheduled for completion in 2016.
The U.S. module manufacturer reports reduced revenues for the first quarter as the company diverts attention to inaugural yieldco venture with First Solar.
The International Energy Agency presented its Energy Technology Perspectives 2015 report in Paris on Monday, which calls for a tripling of public spending on low-carbon technology R&D.
The agreements, signed with five companies from Egypt, Saudi Arabia and the United Arab Emirates, include 220 MW of solar and 100 MW of wind and are valued at $500 million.
Solar energy generated enough power in the month of April to meet the electricity and hot water needs of homes fitted with solar panels, prompting reports that it could soon be possible to completely power the country with PV.
The tracking specialist will supply its state-of-the-art trackers to the 70 MW Moree Plains solar project in New South Wales, project is largest tracking solar installation in Australia.
The company's launch of its new yieldco joint venture impacted its bottom line as the group moved through a "transitional period." First Solar expects to be back in the black in Q2 with sales of between $750 and $850 million.
The five-day, five-night flight between China and Hawaii is a time for nervous anticipation, says pilot tasked with the leg, Andre Borschberg. Takeoff scheduled for Thursday, May 8.
New home storage system requires collaboration with power electronic providers, greater cost reduction and attractive finance options to really achieve market penetration, say analysts.
The First Solar-backed company, which has completed a pilot program in Kenya, offers customers the opportunity to pre-purchase electricity for commercial and residential use through mobile banking services.
U.S. inverter supplier Fronius announces partnership with Tesla's Powerwall home storage system. Sunrun subsidiary AEE Solar set to offer battery with its solar system package.
Powerwall home battery and Powerpack commercial battery unveiled by Elon Musk last night could prove game changing for domestic and business storage.
Employment in the solar PV sector grew 3.1% in 2014, stretching its lead as one of the largest employment sectors within the British renewable industry.
Choose between a digital and print subscription from pv magazine publisher Solarpraxis AG’s online shop!
Explore thousands of photovoltaic jobs to find your next job in the industry.
- 3451 views
- 3212 views
- 2901 views
- 2606 views
- 2199 views
Keep your finger firmly on the photovoltaic pulse: sign up for our daily newsletter!
Want to publish your press releases for free? Simply log in or register, enter the information you want to appear and we'll publish it for you!