Latest headlines

Sun Brilliance plans upsized 100 MW solar farm in Western Australia

The area of land near the town of Cunderdin, which is wheatbelt country some 158 KM inland from Perth, and the spot for the 100 MW solar farm.

Having originally announced details of a 25 MW project, the Perth-based solar power integrator has now secured a larger tract of land and promising funding to upsize the plant to 100 MW.


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Unpublished report by U.K. government calculates cost of large-scale solar to be around GBP 50-75/MWh by 2025, less than nuclear at GBP 85-125/MWh.


11. August 2016 | | Comment now

3D-Micromac opens North American headquarters in Silicon Valley

This is the first major presence of the German laser experts in North America.


SMA grows H1 inverter output to 3.9 GW but announces two fab closures, warns of tough price pressures in 2017

SMA retrofit.

Sales revenue for first six months of the year grows 15.1% to hit EUR 494.1 million, while international share of sales tops 90%. Company announces closure of Denver and Cape Town operations in preparation for tough 2017 price...


IHS names Trina, SunPower, First Solar, Hanwha and Jinko as industry leaders

The company’s PV Module Supplier Scorecard looks at a variety of metrics.


Russia: Hevel develops high-efficiency HJT modules

Hevel solar park in Russia.

Russian PV company Hevel LLC has received a patent for its 20.3% efficiency HJT modules. The company is planning to increase its manufacturing capacity and complete 70 MW of PV plants by the end of the year.


SunPower to shed 1,200 jobs as it cuts revenue forecast and expects 2016 loss

Solar plant project, SunPower.

Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.


SolarEdge growth slows in Q4 FY 2016, but year-on-year results strong

SolarEdge VR at Intersolar Europe.

The Israeli power optimizer specialist compensated for a slowdown in the U.S. residential market by increasing its international sales, ending the fiscal year with a 50.7% revenue increase.


13.4 GW of solar will be up for grabs during Brazil's December auction

The only tender in Brazil this year for solar energy will take place on 16 December. 419 PV projects have registered for this large auction.

The only tender in Brazil this year for solar energy will take place on 16 December. 419 PV projects have registered for this large auction.


Solar empires: The pv magazine USA weekly news roundup

Today we bring you the first weekly collection of stories from the new pv magazine USA website.


Germany's fifth solar auction allocates 130 MW to 25 projects

11.5 MW solar far in Helbra, Germany

The fifth solar auction for 125 MW was again well oversubscribed, with 62 bids for a total of 311 MW tendered. The average bid amount declined since the previous tender in April, signaling increasing competition in the sector.


Solar Mosaic raises $220 million in new funding

Solar Mosaic office

The leading California solar loan provider secured financing from private equity firm Warburg Pincus, Core Innovation Capital and Obvious Ventures. The company's average loan amount is $30,000, with interest rates ranging between...


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