Latest headlines

JinkoSolar Q1 net profit soars as global solar demand grows

JinkoSolar rooftop installations

CEO Kangping Chen says China remains the group's biggest market but stresses that its market share in the U.S. is expanding. In addition, the company sees "great opportunities in exciting emerging markets such as Chile, Thailand...

Yingli defaults on $270m loan, actively steps up restructuring process

Yingli PV production.

Debt worries mount for Chinese solar manufacturer as it misses payments of RMB 1.76 billion due today; issues statement saying it is stepping up ways to generate cash flow.

Sol Voltaics raises USD17 million for cell efficiency nanotech

Sol Voltaics has received $17 million in C funding round. In 2017, Swedish startup will start pilot production of its nanowire technology that can potentially increase solar cell efficiency by up to 70%.

SMA clings to global inverter top spot, but Chinese rivals closing, says IHS

SMA inverter installation.

The German inverter supplier maintained a steady lead at the top of the global PV inverter revenue chart, but China's Huawei and Sungrow, as well as Israeli firm SolarEdge, are closing in.

SMA posts strong Q1 figures across all core segments

Pierre-Pascal Urbon, SMA CEO.

The German inverter specialist sees sales, revenue and cash volumes grow on the back of greater internationalization and a growing presence in commercial PV sectors globally.

Delayed Yingli financials reveal 2015 net loss of $864 million, debts of $1.8bn

Yingli fab.

The Chinese solar giant saw its operating expenses increase to 54.3% due to severe impairment losses on property, plant and equipment; revenue and module shipments also down Y/Y.

S-Energy to supply 74 MW of modules for two PV projects in Colorado

S-Energy’s SN-series modules will be utilized in juwi’s two large-scale solar facilities, both expected to achieve commercial operation by the end of the year

S-Energy will supply over 74 MW of PV modules for two utility-scale projects that are being developed by juwi Inc. in Colorado.

SunEdison yieldcos TerraForm Power & TerraForm Global granted financial report extension

SunEdison installation.

TerraForm Power and TerraForm Global, the yieldcos of bankrupt renewable energy company SunEdison, have struck a pact to extend the deadline for filing their annual report.

Engie acquires 80% stake in battery maker Green Charge Networks

Green Charge Networks specializes in lithium-ion batteries for C&I customers.

The utility follows in the footsteps of its French counterpart Total by moving into the battery storage space with its 80% acquisition of California's Green Charge Networks.

Duke Energy begins construction on 25 MW New Mexico solar plant

New Mexico

The U.S. utility acquired the project from Infigen Energy and expect to complete and connect the solar farm in Quay County before the end of 2016.

Daqo reports under $10/kg polysilicon production during Q1

The Chinese polysilicon and wafer maker has stayed profitable despite record low prices, and expects further improvements as polysilicon supply tightens.

Total to acquire storage developer Saft for USD 1.1 billion

Total is creating a fourth business segment to cover gas, renewables and power

French oil giant Total is purchasing all of Saft's shares, as it aims to enter the energy storage market and boost its development in the renewable sector.

Midsummer books repeat order for its flexible CIGS DUO line

A Midsummer DUO tool.

Sweden’s Midsummer has announced a repeat order from “an undisclosed multinational corporation” based in Asia for its flexible substrate CIGS deposition production tool, called the DUO. The deal, in the “multi-million” dollar...

Elon Musk calls for mass political mobilization and a price on carbon

In a speech to the World Energy Innovation Forum, the clean energy industrialist called for public education to counter the enormous power of the fossil fuel industries.

The pv magazine weekly news digest

Every week, there are new world records in the solar world

Million-installations-strong and under-three-cents-cheap: this week, solar sets new world records in size and price.

PV drives up global silver demand

Germany-based Heraeus Photovoltaics specializes in silver metallization paste for solar cells

Silver demand for PV applications rose 23% in 2015.

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