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Ups and downs: the pv magazine USA weekly news digest

This week saw bad news and good news in the U.S. Solar market, with layoffs at Enphase and a congressional investigation, but also some positive market momentum in Minnesota and several large projects announced in Western states.


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…


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.


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Unpublished report by U.K. government calculates cost of large-scale solar to be around GBP 50-75/MWh by 2025, less than nuclear at GBP 85-125/MWh.


Multilateral development banks provide $6 billion for renewable energy in 2015

Latin America and the Caribbean, South Asia and MENA received the bulk of development bank finance for renewable energy projects last year.


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.


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.


SolarCity shows uneven results in Q2 2016

The leading distributed solar provider is bringing down costs and growing bookings after a difficult Q1, but its losses remain wide.


NRG Yield reports healthy Q2 results

The yieldco of energy company NRG has also announced that it will acquire its parent company’s remaining stake in the 250 MW California Valley Solar Ranch (CVSR) plant.


Significant rise in polysilicon selling price sees Daqo post strong Q2 financials

High-purity polysilicon.

The rise in demand in China for high-purity polysilicon was good news for Daqo New Energy Corporation, which posted huge yearly and sequential rises in its EBITDA and net income for the second quarter of 2016, mainly as a result...


Vivint Solar bounces back in Q2 results

In results for its first full quarter since the failed merger of Vivint Solar and SunEdison, the residential solar installer reports recovery and record low costs.


DP Energy secures approval to develop 375MW of solar, wind in Australia

Australian outback. Flickr image by Anniemullinsuk.

The state authorities in South Australia have given the Irish developer the green light to move forward with the A$680M ($517.7m) project, which will be built in Port Augusta.


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.


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