Latest headlines

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.


SunLink pursuing Indian commitment with solar development joint venture

SunLink Solar PV module manufacturing plant. Image by Eckhart Gouras.

U.S. solar energy solutions provider SunLink has partnered with Indian engineering company Ganges Internationale to help facilitate solar deployment in India, as part of an agreement to develop 1.4 GW of solar in India over the...


Foxconn finalizes Sharp acquisition

Sharp company building. Image by Sharp.

The Taiwanese contract electronics manufacturer -- also known as Hon Hai Precision Industry — has wrapped up its 388.8 billion yen ($3.8 billion​) purchase of a 66% stake in the troubled Japanese group.


Sungrow to supply 150 MW of inverters to solar projects in India

Sungrow 1500V inverter in Xinjiang, China.

The Chinese inverter manufacturer has signed a contract with Indian Independent Power Producer Mytrah Energy to supply inverters for approximately 150 MW of the company's projects in India, further expanding its market share in...


SolarWorld's finalized Q2 financials confirm encouraging growth

SolarWorld solar modules. Image SolarWorld.

The German PV manufacturer recorded significant growth in the company's sales and revenues compared to the same period last year, while also getting its EBIT back into profit, although it had to revise down its preliminary...


pv magazine USA weekly news roundup

A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more…


Ideal Power posts revenue 75% drop in Q2 revenue, increases net loss

Camarillo, California

The Texas inverter maker blamed the drop in sales on delays in California's incentive program and expects business to pick up in the second half of 2016 now that the problem has been resolved.


Arizona regulators preserve net metering in UNS case

The case was closely watched as a precedent for future rate cases in Arizona.


SolarCity to make BIPV modules at Buffalo factory, will consider cell partnership

Industry analysts note that the market for residential BIPV in the United States is "non-existent" at present, and SolarCity's plans to use crystalline silicon are a new direction.


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...


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.


Berkeley and GRID research partnership to explore off-grid solar potential

University of California, Berkeley Campus. Flickr image by brainchildvn

The University of California's Berkeley research institute has teamed up with GRID Alternatives to study 'energy access' off-grid solar projects with a view to expanding the reach of off-grid solar around the world.


Net income back in positive figures for Etrion during Q2

Etrion's Japan projects.

Swiss solar power producer Etrion recorded a quarterly net profit during the second quarter of 2016 for the first time since 2014, which it attributes to its solar activities in Japan; where it plans to continue to focus its...


First Solar adds another 130MW of solar PV to India's grid

First Solar project in Rajasthan, India. Image by First Solar.

With the connection of two more utility-scale solar power plants to the grid in India, First Solar's subsidiary in India now has a project portfolio in the country of 260 MW, further establishing itself in what is fast becoming...


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...


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