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.


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...


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.


Dyesol secures $1m funding for Perovskite cell research

Dyesol's research has uncovered efficiency improvement potential when combing TiO2 with Perovskite cells.

The grant from the U.K.'s Engineering and Physical Sciences Research Council will enable the Australian organic cell developer to better understand the impact of halide modified titania on Perovskite cell performance.


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.


Sharp mulls China solar cell market entry

Sharp Japan.

Japanese electronics giant is preparing to expand into the Chinese solar market with an eye on supplying megasolar plants being planned across the country. Strategy could prove risky, experts say.


Europe's solar PV pipeline holds immense promise, says IHS Markit

Solar installation in Portugal.

A post-slump solar recovery could arrive in Europe as early as 2018 should policy support sufficiently smooth the path for dormant solar pipelines on the continent, says IHS Markit.


JinkoSolar steady on Q2 shipments and revenue, downstream activity surges

JinkoSolar rooftop solar array.

Vertically integrated Chinese solar firm increases sequential module shipments by 7.3% and revenue by 8.9%, while solar power projects generate 55.5% revenue increase over same period.


France ushers in 3 GW solar tender across six rounds

Solar installation in France.

Energy ministry confirms series of six tenders of 500 MW each to be launched between 2017 and 2020 as country gradually reignites efforts to boost its solar PV sector.


ReneSola revenue and margin falls in Q2 on slow domestic demand

ReneSola HQ.

China's second half slowdown drags module shipments down 19.5% sequentially, while lower wafer ASPs cause revenue contraction despite increased shipments.


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