Latest headlines

SnapNrack Hits 1 GW of U.S. Deployment

SnapNrack, a unit of Sunrun, announced that it has hit the 1 GW mark for total deployed solar mounting systems.


Canadian Solar beats shipment and revenue guidance for Q2

Canadian Solar CEO, Shawn Qu.

The Chinese solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter on back of increased sales to the Americas. Downstream pipeline tops 20 GW.


SolarCity cuts co-founder salaries to $1, announces job losses

SolarCity installation.

In SEC filing, U.S. solar lease provider reveals it expects to incur restructuring charges of $3-$5 million in light of unspecified number of job losses. CEO and CTO to accept reduced salary as reduced guidance bites.


EU Commission removes five further solar firms from MIP undertaking

European Commission.

Lerri Solar, DelSolar, CNPV, Motech and Xian Longi have all been withdrawn from the Minimum Import Price (MIP) undertaking measures agreed between China and the European Commission, the EU has confirmed.


1366 Technologies unveils 3-D wafers

The company says that its 3-D wafers lower the amount of silicon needed for each wafer without losing strength or performance.


BYD signs deal to open PV factory in Brazil

Campinas, Brazil

Brazil's solar boom has prompted the green tech giant to expand operations in the country, where it already operates an electric bus factory. The new manufacturing plant in the state of Sao Paulo will create 300 jobs.


Scatec Solar lands 100 MW project in Nigeria

Scatec Solar solar PV plant, Africa

Scatec Solar will develop, build, own and operate the solar power plant in Jigawa. The project adds to the Norwegian group's existing 200 MW of solar power plants operating in Africa.


Meyer Burger posts 75% annual sales increase in H1 2016

Meyer Burger HQ.

The Swiss solar tooling specialist posts 20% order increase and positive EBITDA for the first half of the year, placing the firm on track to exceed guidance and put itself firmly in the black for 2016.


pv magazine USA weekly news roundup

A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more…


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.


SolarCity to make BIPV modules at Buffalo factory, will consider cell partnership

Industry analysts note that the market for residential BIPV in the United States is "non-existent" at present, and SolarCity's plans to use crystalline silicon are a new direction.


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.


centrotherm posts H1 revenue of EUR 61.9 million, reveals strong order book

centrotherm tool.

The German PV and polysilicon equipment supplier increases sales in its PV and semiconductor sector to EUR 42 million over the first half of the year, reveals new orders of EUR 85.4 million.


UK: Solar will be cheaper than nuclear by time Hinkley plant is built, government admits

Solar farm in England.

Unpublished report by U.K. government calculates cost of large-scale solar to be around GBP 50-75/MWh by 2025, less than nuclear at GBP 85-125/MWh.


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