Latest headlines

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.


RWE to acquire PV and storage specialist Belectric Solar & Battery

RWE AG HQ Essen, Germany. Baikonur wikimedia commons

The German utility's renewable energy arm, innogy SE, has signed the contract to acquire Belectric Solar & Battery, a solar developer who has built more than 1.5 GWp of PV projects worldwide, significantly enhancing the company's...


TrinaBEST to expand into Japan

Trina Solar logo. Courtesy of Trina Solar

The new storage arm of Trina Solar, Trina Energy Storage Solutions, otherwise known as TrinaBEST, has announced the establishment of a Japanese subsidiary, TrinaBEST Japan to help grow its energy storage business in Japan.


GCL-Poly agrees to buy $150 million of SunEdison's manufacturing business

GCL-Poly polysilicon facilities in China. Image by GCL-Poly.

The Chinese company will buy three of SunEdison's manufacturing businesses involved in polysilicon and cell production, amid rumors that it is also planning to make a bid for SunEdison’s controlling stake in TerraForm Power.


Germany's BayernLB funds purchase of eight UK solar farms

Eight solar farms have passed into the hands of German ownership.

The German lender provides GBP 30 million in financing for the solar plants of up to 5 MW each and located across five sites in England and Wales.


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.


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.


Brazil mulls request for amicable cancelation of 670 MW of solar awarded in first tender

Sao Paulo.

Following the devaluation of the Brazilian real against the U.S. dollar, six companies that won PPAs in 2014 may now be able to cancel the solar development contracts. Small penalties likely to apply.


GCL-Poly posts 28% revenue increase for H1

CGL polysilicon factory in China.

The polysilicon and wafer producer reports strong first half financials, growing revenue by 28%, gross profit by 66% as income more than doubles in space of a year.


Japanese government agency funds $9.7m Nigerian solar project

Abuja, Nigeria.

The Japan International Cooperation Agency has donated to the Nigerian federal government funding for the execution of a 1.2 MW solar PV development project at the Usman Dam Water Treatment Plant.


Trina Solar back to sequential growth with revenue and sales increases

Cell manufacturing at Trina Solar.

The Chinese PV manufacturing powerhouse posted another set of impressive quarterly results, which saw significant sequential and year/year growth in revenues and sales, during a quarter in which the company broke a number of cell...


Yingli increases Q2 shipments, but low module ASP drags down gross margin

Yingli Solar

Chinese Tier-1 solar firm ships 662 MW of modules in Q2 but overexposure to lower-cost domestic Chinese market delivers gross margin contraction. Q3 guidance lowered to reflect straitened conditions.


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