Latest headlines

The pv magazine weekly news digest

SunPower installation.

Another week of ups and downs in the solar world saw sizable job losses at SunPower, a welcome hiring push for Tesla, Enphase offload its O&M arm and India announce details of a 1 GW rooftop solar tender.


UK: Lightsource eyes GBP 600m buyback of installed solar systems

Installed solar array in England.

The British solar developer is looking to dip into a pot of GBP 600 million to purchase installed arrays, offering customers an upfront lump sum to transfer the FIT; customers will still receive free energy generated by the...


Global inverter shipments to contract 5% in 2017 before steady recovery, says GTM Research

Huawei's smart fusion.

Consolidation of top 10 suppliers continues as Chinese inverter firms Huawei and Sungrow top shipment chart, while SMA's U.S. strength sees it cling on to top spot for revenue, report shows.


Yingli losses push past $50m in Q3

Yingli.

The Chinese solar company cites weak demand in China and module oversupply for lower revenues, profit and margin; will pivot towards higher efficiency sales in 2017.


Solar Impulse co-founder expects passenger electric planes within 10 years, SolarStratos aircraft unveiled

Akon and Bertrand Piccard.

Bertrand Piccard, pilot and co-founder of groundbreaking Solar Impulse project, believes electric planes powered by solar energy can carry passengers within the next decade. SolarStratos project aims to become first solar-powered...


India's SECI to issue 1 GW rooftop solar tender

Gujarat, India.

The Solar Energy Corporation of India will tomorrow issue a tender call for the installation of 1 GW of rooftop PV atop government buildings nationwide; buildings already identified, reserve price being assessed.


EnergyAustralia signs foundation contracts for 500 MW solar and wind PPAs

NSW flag.

The energy company is close to agreeing AUS$1.5 billion worth of power purchase agreements for solar and wind projects located in eastern Australia.


BREAKING: SunPower to close Philippines factory, lay off a total of 2,500

The company has announced a major restructuring as it attempts to right-size and address the hole in its balance sheet.


NEXTracker unveils tracker plus storage solution

The NX Fusion Plus comprises a 25 kWh vanadium flow battery from Avalon, an Ideal Power string inverter and the Nextracker NX Horizon tracker.

The first such product of its type, the NX Fusion Plus comprises a solar tracker, battery and inverter designed to increase energy output and performance duration of solar power plants.


Indian solar imports grew 47% in first half of FY 2016, finds Mercom Capital

Installation in India.

Close to $1bn of solar modules and cells imported into India in the first six months of the financial year, while exports rose 12% to reach $52 million, finds latest analysis by Mercom Capital Group.


Tata Power Solar becomes second Indian module manufacturer to achieve Tier 1 status

Tata Power Solar CEO Ashish Khanna.

Bloomberg New Energy Finance now considers the Indian solar company a Tier 1 operator, becoming only the second in the country after Vikram Solar to earn the accolade.


Enphase offloads residential O&M arm to SunSystem Technology

Enphase AC Home Battery.

The U.S. microinverter specialist confirms that SunSystem Technology will act as the company's primary residential O&M service provider after selling its O&M field service division Next Phase Solar.


All-time high in US storage investment in Q3, finds GTM report

Daimler battery storage.

Disclosed venture funding and project finance of energy storage projects in the U.S. in the third quarter reached $660 million, although actual deployments contracted slightly, says GTM Research.


Oxford PV secures additional GBP 8.1 million in second series C financing round

Henry Snaith of Oxford PV.

The British perovskite pioneer attracts yet more funding, this time via three new strategic investors, including Statoil ASA and Legal & General Capital.


Poland to hold inaugural 100 MW solar auction later this month

Polish solar installation.

The first auction, to be held on December 30, will be for a total capacity of 100 MW for small, sub-1 MW installations; a further 300 MW of PV capacity will be auctioned in 2017.


SMA to supply 616 MW of inverters to India's Greenko Energies

SMA's Sunny Central 1000CP XT inverter was developed for use in harsher climates in high price pressure regions, the company said.

The German inverter specialist to build on its sizable presence in the growing Indian solar market with supply of 616 MW of its 1000CP XT central inverter to Indian solar power developer Greenko Energies.


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