Latest headlines

Hanergy reports H1 net profit of $105m

Hanergy HQ.

The troubled Hong Kong solar company’s financials reveal that two customers accounted for almost 80% of sales revenue in first six months of the year; revenue reported as $425 million for the period.


United PV achieves modest H1 profit increase of $37m

Solar installation from United PV.

The Chinese solar PV group increased its net profit by 1% year-on-year as it ramped up its downstream portfolio by more than 55%.


Shunfeng's H1 net profit slumps 68% YOY due to curtailment and delayed tariffs

Solar installation, SFCE.

Despite increasing gross profit by 114% and revenue 30.9% year-on-year, China's SFCE suffered from widespread grid curtailment of its solar power plants, as well as delayed tariff subsidies.


Singulus signs MoU with GCL to develop heterojunction cells in China

Singulus HQ.

The German solar equipment manufacturer signs memorandum of understanding with GCL and China Intellectual Electric Power Technology; first processing systems already ordered.


Enphase begins AC battery shipments to Australia and New Zealand

AC battery from Enphase.

U.S. firm projects demand volume of 70,000 units of its AC battery in first year as demand for residential storage Down Under expected to continue steep growth trajectory.


NEXTracker acquires predictive modeling software firm BrightBox

NEXTracker trackers.

U.S. tracker manufacturer NEXTracker has purchased software firm BrightBox Technologies in a move it says will augment its predictive modeling capabilities and expedite the commissioning process.


India: Adani to commence 1.2 GW solar fab construction before year end

Rajasthan India.

The Indian conglomerate says it expects to commission phase one of its Gujarat solar equipment facility before year end, with Phase 2 penciled in for April 2017. Tenders issued for 200 MW solar+storage in Karnataka.


BBOXX raises $20m funding to boost African off-grid solar presence

Kigali, Rwanda.

The London-based solar systems provider has secured investment from a consortium of backers, including Engie SA, to help support its expansion plans in Cameroon and the Ivory Coast.


Interview: How Solar Impulse's round the world flight took batteries on a journey of discovery

Solar, meet solar: The Si2 soars above the Gemasolar thermal solar plant in Abu Dhabi as it nears the final few miles of its historic journey.

July's successful circumnavigation of the globe by Solar Impulse was a triumph for human endurance and ingenuity, and proved solar power's efficacy as a reliable source of electricity. But the project would not have been possible...


RWE to acquire PV and storage specialist Belectric Solar & Battery

RWE AG HQ Essen, Germany. Baikonur wikimedia commons

The German utility's renewable energy arm, innogy SE, has signed the contract to acquire Belectric Solar & Battery, a solar developer who has built more than 1.5 GWp of PV projects worldwide, significantly enhancing the company's...


TrinaBEST to expand into Japan

Trina Solar logo. Courtesy of Trina Solar

The new storage arm of Trina Solar, Trina Energy Storage Solutions, otherwise known as TrinaBEST, has announced the establishment of a Japanese subsidiary, TrinaBEST Japan to help grow its energy storage business in Japan.


Australia readies for big solar boom as PV costs continue fall

Solar farm in Australia. Image courtesy of Renew Economy.

Australia is poised to experience its biggest ever boom in large-scale solar construction over the next year as a range of international market factors and local policy incentives take hold.


GCL-Poly agrees to buy $150 million of SunEdison's manufacturing business

GCL-Poly polysilicon facilities in China. Image by GCL-Poly.

The Chinese company will buy three of SunEdison's manufacturing businesses involved in polysilicon and cell production, amid rumors that it is also planning to make a bid for SunEdison’s controlling stake in TerraForm Power.


Enerray to build 104 MWp PV plant in Brazil

State of Bahia, Brazil. Wimimedia image by TR2HG

It is the second contract that the Italian company has won from Enel Green Power for a large-scale solar plant in Brazil, after it began construction on the mega 254 MWp Ituverava PV plant late last year.


Storage shows its worth in UK's first Enhanced Frequency Response auction

Kokam large scale storage.

A total of 1.4 GW of projects were put forward under the 200 MW tender, with energy storage projects taking positive steps forward, says Renewable Energy Agency.


Germany's BayernLB funds purchase of eight UK solar farms

Eight solar farms have passed into the hands of German ownership.

The German lender provides GBP 30 million in financing for the solar plants of up to 5 MW each and located across five sites in England and Wales.


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